Commodities Update 28 Sep 2024

BDI continued to close higher from 1,977 (20 Sep) to 2,110 (27 Sep)

Harpex closed lower from 1,975 (20 Sep) to 1,963 (27 Sep)

CDFI continued to close higher from 1,259.1 (20 Sep) to 1,260.96 (27 Sep)

CCFI closed lower from 1,742.19 (20 Sep) to 1,638.42 (27 Sep)

COT     

Download Commodities COT

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

• Soybeans
• Feeder Cattle
• Crude (1)

Neutral

• Corn

Up Trend

• Cotton
• Lumber

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

• Gold

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