Sunday, June 9, 2019

Commodities Update 08 Jun 19

BDI closed higher for another week from 1,096 (31 May) to 1,138 (07 Jun)
Harpex closed higher again, from 599.08 (24 May) to 603.25 (31 May)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Orange Juice
  • Soybeans
  • Sugar (1)
  • Natural Gas
  • Crude (1) 
  • Heating Oil (1) 
  • Silver
  • Copper
  • Palladium
  • Platinum
  • Feeder Cattle
  • Cotton (1)
  • Lumber (1) 
Neutral
  • None
Up Trend
  • None

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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