Sunday, October 20, 2019

Commodities Update 19 Oct 19

BDI closed lower from 1,924 (11 Oct) to 1,855 (18 Oct)
No changed in Harpex at 726.40 (11 Oct)

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

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