Sunday, July 21, 2024

Commodities Update 20 Jul 2024

BDI closed lower from 1,997 (12 Jul) to 1,902 (19 Jul)

Harpex closed higher from 1,990 (12 Jul) to 1,997 (19 Jul)

CDFI continued to close lower from 1,219.02 (12 Jul) to 1,202.33 (19 Jul)

CCFI closed higher from 2,085.05 (12 Jul) to 2,153.56 (19 Jul)

COT     

Download Commodities COT

Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Soybeans (1)
  • Corn (1)
  • Oats (1)
  • Lumber (1)
  • Cotton (1)
  • Gasoline
Neutral
  • None
Up Trend
  • Feeder Cattle (1)

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

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