Sunday, June 30, 2019

Commodities Update 29 Jun 19

BDI closed higher from 1,239 (21 Jun) to 1,354 (28 Jun)
Harpex edge lower from 603.85 (14 Jun) to 608.55 (21  Jun)

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

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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