Commodities Update 21 Jan 2023

BDI closed lower from 946 (13 Jan) to 763 (20 Jan)

Harpex closed lower from 1,145 (13 Jan) to 1,103 (20 Jan)

CDFI closed lower from 922.36 (13 Jan) to 905.49 (20 Jan)

CCFI closed lower from 1,201.55 (13 Jan) to 1,160.59 (20 Jan)

COT     

Download Commodities COT

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

• Palladium
• Wheat (1)
• Coffee (1)
• Lumber
• Gasoline

Neutral

• Feeder Cattle (1)

Up Trend

• Cotton (1)
• Gold

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

• Soybean Meal

Neutral

• None

Down Trend

• Crude

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 are based on 50 Simple Moving Average