Commodities Update 07 Nov 2020

BDI pull back from 1,283 (30 Oct) to 1,194 (06 Nov)

Harpex close higher, from 820.04 (23 Oct) to 881.17 (30 Oct)
Harpex 10 years high at 910.

COT 

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

• Gasoline (1)
• Feeder Cattle (1)

Neutral

• None

Up Trend

• Natural Gas (1)
• Palladium

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

• Corn
• Soybean
• Sugar

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