Commodities Update 09 Sep 2023

BDI rebounded and closed higher from 1,065 (01 Sep) to 1,186 (08 Sep)

Harpex closed lower from 1,053 (01 Sep) to 1,034 (08 Sep)

CDFI closed higher from 971.18 (01 Sep) to 1,002.96 (08 Sep)

CCFI closed lower from 892.98 (01 Sep) to 890.34 (08 Sep)

COT     

Download Commodities COT

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

• Wheat
• Corn (1)
• Soybeans
• Coffee
• Palladium (1)

Neutral

• Copper

Up Trend

• Gasoline
• Gold

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

• US Cocoa

Neutral

• None

Down Trend

• Rough Rice
• Natural Gas

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.