Sunday, November 24, 2019

Commodities Update 23 Nov 19

BDI closed lower from 1,357 (15 Nov) to 1,2884 (22 Nov)
Harpex closed higher from 714.18 (08 Nov) to 716.27 (15 Nov)

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