Sunday, April 26, 2020

Commodities Update 25 Apr 2020

BDI decreased from 751 (17 Apr) to 665 (24 Apr)
Harpex decreased again, from 601.46 (10 Apr) to 573.83 (17 Apr)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Corn
  • Soybean Oil
  • Natural Gas (1)
  • Feeder Cattle
  • Copper
  • Palladium (1)
  • Lumber
  • Cotton
Neutral
  • None
Up Trend
  • None

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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