Sunday, September 8, 2019

Commodities Update 07 Sep 19

BDI continue to go higher, from 2,378 (30 Aug) to 2,462 (06-Sep)
Harpex closed above 700, from 696.88 (23 Aug) to 712.99 (30 Aug)

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

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

No comments:

Post a Comment