Sunday, June 11, 2023

Commodities Update 10 Jun 2023

BDI rebounded from 979 (02 Jun) to 1,055 (09 Jun)

Harpex remained at 1,240 (09 Jun)

CDFI rebounded from 918.56 (02 Jun) to 968.67 (09 Jun)

CCFI closed lower from 930.97 (02 Jun) to 921.48 (09 Jun)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Copper
  • Gold
  • Palladium (1)
  • Wheat (1)
  • Soybean Oil
  • Soybeans (1)
  • Corn
Neutral
  • Gasoline (1)
Up Trend
  • Cotton
  • Silver

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • Cocoa
  • Feeder Cattle
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 are based on 50 Simple Moving Average.

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