Commodities Update 18 Nov 2023

BDI continues to close higher after the rebound, from 1,643 (10 Nov) to 1,758 (17 Nov)

Harpex closed lower, from 845 (10 Nov) to 838 (17 Nov)

CDFI continues to close higher after the rebound from 1,107.04 (10 Nov) to 1,153.41 (17 Nov)

CCFI closed lower after the rebound, from 843.77(10 Nov) to 872.11 (17 Nov)

COT     

Download Commodities COT

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

• Wheat (1)
• Corn (1)
• Soybeans
• Copper
• Palladium (1)
• Platinum (1)
• Gasoline
• Crude
• Cotton
• Feeder Cattle

Neutral

• None

Up Trend

• Orange Juice

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

• None

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 Averages.