Commodities Update - 03 Jun 17

BDI pull back sharply from 912 (26 May) to 830 (02 Jun)
Harpex pull back from 500.37 (20 May) to 483.97 (27 May)

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

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

• Soybeans (1)
• Soybean Meal
• Soybean Oil
• Sugar (1)
• Coffee

Neutral

• Cocoa  (1)

Up Trend

• Corn (1)
• Natural Gas

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

• Feeder Cattle
• Gold

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