Sunday, December 22, 2019

Commodities Update 21 Dec 19

BDI closed lower from 1,355 (13 Dec) to 1,123 (20 Dec)
Harpex closed lower from 716.27 (06 Dec) to 715.67 (13 Dec)

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

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