Sunday, November 10, 2019

Commodities Update 09 Nov 19

BDI continue to slump down, from 1,697 (01 Nov) to 1,378 (08 Nov)
Harpex down from 723.72 (25 Oct) to 714.18 (01 Nov)

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

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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