Commodities Update - 08 Apr 17

After last week BDI closed at 1297 (31 Mar), it pull back this week to 1223 (07 Apr)
Harpex continue to accelerate more than 10% this week to 499.48 (01 Apr) from 438.94 (25 Mar)

Summary
Energy continue to close higher, Grains closed lower while the rest are mixed.

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Cocoa (1)
• Soybean Oil
• Sugar

Neutral

• Corn

Up Trend

• None

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Silver

Neutral

• Feeder Cattle

Down Trend

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) COT Index >= 70, rising COT Index, monitor for trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average