Summary
This week most energy commodities had a technical rebound on Fri, while other commodities are weak and mixed.
I may consider to trade if there is a long signal on the following:
UT
- Corn [Watch more closely]
- Cotton [Watch more closely]
- Gold, Silver
- palladium
- Platinum
- Cocoa Bulk Bean (UK) (3)
Neutral
- None
DT
- Oats
- Wheat
- Orange Juice
- Sugar Raw
- Lumber
- Gasoline
COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend
- Cocoa
- Sugar Raw
- Coffee Arabica
- Oats (1)
- Soybeans
- Soybean Oil
- Soybean Meal
- Wheat
- Orange Juice
- Feeder Cattle
- Rough Rice (1)
- Lumber (1)
- Natural Gas (1)
- Copper
- Palladium
Up Trend
- Corn (From DT to UT)
- Cotton (From DT to UT)
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Down Trend
- Crude
Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average
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