Commodities Update - 08 Jul 17

BDI closed lower to 822 (07 Jul) from 901 (30 Jun)
Harpex edge higher to 439.54 (01 Jul) from 438.35 (24 Jun)

Summary
Most commodities closed lower while Grains continues to close higher.

COT 

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

• Sugar (1)
• Coffee  (1)
• Orange Juice
• Natural Gas 
• Gasoline
• Platinum

Neutral

• None

Up Trend

• Soybeans
• Soybean Meal
• Corn
• Cocoa (1)

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

• Wheat
• Oats
• Feeder Cattle
• Rough Rice

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