Commodities Update 22 Nov 2024

BDI reversed and slumped from 1,785 (15 Nov) to 1,537 (22 Nov)

Harpex closed higher from 1,978 (15 Nov) to 2,033 (22 N0v) 

CDFI reversed to close lower from 1,169.98 (15 Nov) to 1,100.63 (22 Nov)

CCFI closed higher from 1,438.97 (15 Nov) to 1,467.91 (22 Nov)

COT     

Download Commodities COT

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

• Rough Rice (1)
• Soybeans
• Cotton (1)

Neutral

• Crude (1)
• Heating Oil

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