Commodities Update 29 Feb 2020

BDI closed higher at 535 (28 Feb) from 497 (21 Feb)
Harpex closed lower from 691.52 (14 Feb) to 680.48 (21 Feb)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Soybean Meal
• Crude
• Natural Gas
• Heating Oil (1)
• Feeder Cattle 
• Copper

Neutral

• Orange Juice

Up Trend

• Palladium (1)

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

• Cocoa
• Sugar
• Rough Rice

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