Sunday, December 8, 2019

Commodities Update 07 Dec 19

BDI closed at 1,558 (06 Dec)
Harpex closed at 717.46 (29 Nov)

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

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

No comments:

Post a Comment