Summary
Most commodities closed mixed except for energy pull back across the board
COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
- Natural Gas
- Neutral
- Wheat
- Orange Juice
- None
- Lumber
- Coffee Arabica
- Oats
- Palladium
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
- Crude
- None
- None
Note
(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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