Commodities Update 08 Aug 2020

BDI closed rebounded to 1,501 (07 Aug) from 1,350 (31 Jul)

Harpex closed leaping to 521.54 (31 Jul) from 484.87 (24 Jul)

COT 

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

• Oats (1)

Neutral

• Corn

Up Trend

• Soybean Meal
• Natural Gas (1)
• Gasoline
• Palladium

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 a trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average