Commodities Update 21 Nov 2020

BDI rebounded from 1,115 (13 Nov) to 1,134 (19 Nov)

Harpex continues to close above 10 years high (10-year peak at 901), from 910.09 (06 Nov) to 947.07 (13 Nov)

COT 

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

• None

Neutral

• Gasoline

Up Trend

• Feeder Cattle
• Natural Gas (1)
• Palladium

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

• Corn
• Soybean
• Sugar
• Copper

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