Monday, May 20, 2019

Commodities Update 18 May 19

BDI closed higher for another week from 1,013 (10 May) to 1,040 (17 May)
Harpex edging higher, from 586.25 (03 May) to 586.85 )10 May)

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