Sunday, September 8, 2024

Commodities Update 07 Sep 2024

BDI closed higher from 1,814 (30 Aug) to 1,941 (06 Sep)

Harpex remained no change at 1,981 (06 Sep)

CDFI closed higher from 1,243.73 (30 Aug) to 1,246.76 (06 Sep)

CCFI closed lower from 1,974.46 (30 Aug) to 1,912.46 (06 Sep)

COT     

Download Commodities COT

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

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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