Sunday, March 28, 2021

Commodities Update 27 Mar 2021

BDI pull back from 2,215 (19 Mar) to 2,178 (26 Mar)

Harpex closed higher from 1,387.21 (12 Mar) to 1,442.97 (19 Mar)

CDFI closed lower from 1,338.79 (19 Mar) to 1,317.46 (26 Mar)

CCFI close lower again, from 1,908.09 (19 Mar) to 1,836.61 (26 Mar)

COT 

Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Natural Gas
Neutral
  • None
Up Trend
  • Gasoline
  • Palladium

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

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