Commodities Update 19 Oct 2024

BDI closed lower from 1,809 (11 Oct) to 1,576 (18 Oct)

Harpex rebounded to close higher from 1,936 (11 Oct) to 1,966 (18 Oct)

CDFI continued to close lower from 1,178.48 (11 Oct) to 1,100.1 (18 Oct)

CCFI continued to close lower from 1,476.98 (11 Oct) to 1,405.22 (18 Oct)

COT     

Download Commodities COT

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

• Soybeans
• Crude (1)

Neutral

• None

Up Trend

• Cotton
• Corn

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