Commodities Update 31 Aug 19

BDI shot up from 2,168 (23 Aug) to 2,378 (30 Aug)
Harpex closed at 7 years high at 696.88 (23 Aug) from 690.02 (16 Aug)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Gasoline
• Copper (1)
• Cotton (1)
• Wheat
• Soybean
• Soybean Meal
• Sugar (1)
• Lumber

Neutral

• Natural Gas (1)
• Heating Oil
• Orange Juice (1)

Up Trend

• Crude 
• 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