Sunday, March 24, 2019

Commodities Update 23 Mar 19

BDI slided to 690 (21 Mar) from 730 (14 Mar)
Harpex continues to climb higher to 552.56 (15 Mar) from 543.01 (08 Mar)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Coffee
  • Cocoa
  • Corn (1) 
  • Soybean Meal
  • Wheat
  • Natural Gas
Neutral
  • Soybean
  • Orange Juice
Up Trend
  • Cotton
  • Lumber
  • Rough Rice (1)
  • Sugar
  • Gold
  • Crude
  • Heating Oil (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

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