Commodities Update 02 Jun 18

BDI clsoed at 1156 (01 Jun) from 1077 (25 May)
Harpex closed high at 670.64 (25 May) from 661.10 (19 May)

COT 

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

• Sugar
• Soybean Oil
• Platinum

Neutral

• one

Up Trend

• Natural Gas
• Crude (1)

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

• Corn
• Wheat
• Soybean Meal
• Cocoa
• Cotton
• 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

Mar 2018 posted on Monitoring Coffee and Orange

Coffee seems supported for the moment.

Orange juice tested another resistance level and pull back.  Had taken partial profit.