Sunday, September 22, 2019

Commodities Update 21 Sep 19

BDI dropped again for another week, from 2,312 (13 Sep) to 2,131 (20 Sep)
Harpex continues to climb higher from 718.65 (06 Sep) to 723.42 (13 Sep)

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

No comments:

Post a Comment