Sunday, January 7, 2024

Commodities Update 06 Jan 2024

BDI closed at 2,110 (05 Jan)

Harpex closed at 853 (05 Jan)

CDFI closed at 1,219.15 (05 Jan)

CCFI closed at 936.83 (05 Jan)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Corn (1)
  • Soybean Oil
  • Soybean Meal
  • Soybeans (1)
  • Sugar (1)
  • Orange Juice (1)
  • Palladium
  • Crude
  • Cotton
  • Feeder Cattle (1)
Neutral
  • None
Up Trend
  • Wheat

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

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