Commodities Update 03 Oct 2020

BDI rallied from 1,667 (25 Sep) to 2,020 (02 Oct)

Harpex closed higher from 691.81 (18 Sep) to 703.74 (25 Sep)

COT 

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

• Gasoline

Neutral

• None

Up Trend

• Natural Gas (1)
• Palladium

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

• Soybean

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