Commodities Update 10 Nov 18

BDI continues to lower as holiday season approaching, from 1470 (2 Nov) to 1147 (9 Nov)
Harpex also continues to lower to 503.06 (2 Nov) from 509.62 (26 Oct)

COT 

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

• Soybean Oil
• Crude (1)
• Orange Juice (1) 
• Lumber

Neutral

• None

Up Trend

• Soybeans
• Gold
• Natural Gas (1)

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

• None

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