Sunday, August 27, 2023

Commodities Update 25 Aug 2023

BDI closed lower from 1,237 (18 Aug) to 1,080 (25 Aug)

Harpex closed lower from 1,098 (18 Aug) to 1,072 (25 Aug)

CDFI closed lower from 1,000.29 (18 Aug) to 955.54 (25 Aug)

CCFI closed higher from 889.52 (18 Aug) to 894.66 (25 Aug)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Wheat
  • Corn (1)
  • Coffee (1)
  • Gold
  • Platinum
  • Palladium (1)
  • Copper
Neutral
  • None
Up Trend
  • Soybeans

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend
  • Natural Gas
Neutral
  • None
Down Trend
  • Rough Rice

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 Averages.

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