Sunday, October 6, 2024

Commodities Update 05 Oct 2024

BDI reversed to close lower from 2,110 (27 Sep) to 1,928 (04 Oct)

Harpex closed lower from 1,963 (27 Sep) to 1,943 (04 Oct)

CDFI closed higher from 1,260.96 (27 Sep) to 1,261.59 (30 Sep)

CCFI is closed for a long holiday, 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
  • None
Up Trend
  • Cotton

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

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