Commodities Update 17 Aug 2024

BDI closed higher from 1,670 (09 Aug) to 1,691 (16 Aug)

Harpex closed lower from 1,985 (09 Aug) to 1,982 (16 Aug)

CDFI rebounded from 1,178.5 (09 Aug) to 1,194.5 (16 Aug)

CCFI closed lower after last week's rebound, from 2,138.32 (09 Aug) to 2,073.41 (16 Aug)

COT     

Download Commodities COT

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

• Soybeans (1)
• Soybean Oil
• Corn (1)
• Sugar
• Oats (1)
• Rough Rice
• Feeder Cattle (1)
• Cotton (1)

Neutral

• Lumber
• Gasoline (1)
• Crude
• Palladium

Up Trend

• None

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