Summary
Sugar and cocoa closed higher this week while the rest closed lower.
COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
- Coffee Arabica (1)
- Sugar (1)
- wheat
- Oats (1)
- Gasoline
- Natural Gas
- Copper
- Silver
- Palladium (1)
- Lumber (1)
- None
- None
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
- None
- None
- Crude
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average
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