Sunday, November 17, 2019

Commodities Update 16 Nov 19

BDI closed lower 1,378 (08 Nov) to 1,357 (15 Nov)
No change in Harpex at 714.18 (08 Nov)

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

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • Soybean Oil
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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