Commodities Update - 06 May 17

BDI broke below 1000 mark, closed at 994 (5 May) from 1109 (28 Apr)
Harpex edge higher from 522.14 (22 Apr) to 523.33 (29 Apr)

Summary
Metals and Energy closed higher while grains closed higher

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

• Cocoa (1)
• Sugar
• Coffee
• Soybeans

Neutral

• Corn (1)
• Soybean Oil (1)
• Gasoline

Up Trend

• None

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

• Feeder Cattle

Neutral

• None

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