Commodities Update 10 Oct 26

BDI continued to close lower, from 3,148 (02 Oct) to 2,917 (09 Oct)

Harpex closed higher, from 2,456 (02 Oct) to 2,468 (09 Oct)

CDFI continued to close lower, from 1,636.90 (30 Sep) to 1,599.97 (09 Oct)

CCFI reversed to close lower, from 1,923.93 (30 Sep) to 1,912.38 (09 Oct)

COT     

Download Commodities COT

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

• Lumber (1)
• Coffee

Neutral

• None

Up Trend

• Cocoa
• Silver
• Platinum (1)
• Gold

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

• Sugar
• Soybean Meal
• Soybeans

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

Commodities Update 03 Oct 26

BDI reversed to close lower, from 3,426 (25 Sep) to 3,148 (02 Oct)

Harpex closed higher, from 2,450 (25 Sep) to 2,456 (02 Oct)

CDFI reversed to close lower, from 1,761.82 (24 Sep) to 1,636.90 (30 Sep)

CCFI closed higher, from 1,917.68 (24 Sep) to 1,923.93 (30 Sep)

COT     

Download Commodities COT

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

• Lumber (1)
• Coffee (1)

Neutral

• Cocoa

Up Trend

• Silver
• Platinum (1)
• Gold

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

• Sugar
• Soybean Meal
• Corn
• Copper

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

Commodities Update 26 Sep 26

BDI reversed to close higher, from 3,370 (18 Sep) to 3,426 (25 Sep)

Harpex unchanged at 2,450 (25 Sep)

CDFI reversed to close higher, from 1,756.6 (18 Sep) to 1,761.82 (24 Sep)

CCFI closed higher, from 1,897.15 (18 Sep) to 1,917.68 (24 Sep)

COT     

Download Commodities COT

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

• Lumber (1)
• Coffee (1)
• Cocoa

Neutral

• None

Up Trend

• Silver
• Platinum
• Gold

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

• Sugar
• Soybeans
• Soybean Meal
• Corn
• Copper

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

Commodities Update 19 Sep 26

BDI continued to close lower, from 3,507 (11 Sep) to 3,370 (18 Sep)

Harpex closed higher, from 2,447 (11 Sep) to 2,450 (18 Sep)

CDFI reversed to close lower, from 1,791.42 (11 Sep) to 1,756.6 (18 Sep)

CCFI closed higher, from 1,862.18 (11 Sep) to 1,897.15 (18 Sep)

COT     

Download Commodities COT

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

• Lumber (1)
• Coffee

Neutral

• Cocoa

Up Trend

• Silver
• Platinum
• Gold

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

• Cotton
• Sugar
• Soybeans
• Soybean Meal
• Corn

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

Commodities Update 12 Sep 26

BDI reversed to close lower, from 3,628 (04 Sep) to 3,507 (11 Sep)

Harpex closed higher, from 2,443 (04 Sep) to 2,447 (11 Sep)

CDFI closed higher, from 1,777.66 (04 Sep) to 1,791.42 (11 Sep)

CCFI closed higher, from 1,837.01 (04 Sep) to 1,862.18 (11 Sep)

COT     

Download Commodities COT

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

• Lumber (1)

Neutral

• None

Up Trend

• Silver
• Platinum
• Coffee
• Cocoa

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

• Cotton
• Wheat
• Sugar
• Soybeans
• Soybean Meal
• Corn
• Copper

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

Commodities Update 05 Sep 26

BDI continued to close higher, from 3,186 (28 Aug) to 3,628 (04 Sep)

Harpex closed higher, from 2,413 (28 Aug) to 2,443 (04 Sep)

CDFI closed higher, from 1,643.41 (28 Aug) to 1,777.66 (04 Sep)

CCFI continued to close higher, from 1,833.99 (28 Aug) to 1,837.01 (04 Sep)

COT     

Download Commodities COT

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

• Lumber (1)

Neutral

• None

Up Trend

• Silver
• Platinum
• Coffee

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

• Cotton
• Wheat
• Sugar
• Soybeans
• Soybean Meal
• Corn

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

Commodities Update 28 Aug 26

BDI reversed to close higher from 2,841 (21 Aug) to 3,186 (28 Aug)

Harpex closed higher from 2,380 (21 Aug) to 2,413 (28 Aug)

CDFI continued to close higher from 1,555.47 (21 Aug) to 1,643.41 (28 Aug)

CCFI reversed to close higher from 1,821.65 (21 Aug) to 1,833.99 (28 Aug)

COT     

Download Commodities COT

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

• Lumber (1)

Neutral

• Silver

Up Trend

• Cocoa
• Platinum

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

• Cotton
• Wheat
• Sugar
• Soybeans
• Corn
• Oats

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

Commodities Update 22 Aug 26

BDI continued to close lower from 2,863 (14 Aug) to 2,841 (21 Aug)

Harpex closed higher from 2,346 (14 Aug) to 2,380 (21 Aug)

CDFI reversed to close higher from 1,543.23 (14 Aug) to 1,555.47 (21 Aug)

CCFI reversed to close lower from 1,846.96 (14 Aug) to 1,821.65 (21 Aug)

COT     

Download Commodities COT

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

• Lumber

Neutral

• Gold
• Silver
• Platinum (1)

Up Trend

• Cocoa

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

• Cotton
• Wheat
• Sugar

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

Commodities Update 15 Aug 26

BDI reversed to close lower from 3,089 (07 Aug) to 2,863 (14 Aug)

Harpex remained the same at 2,346(14 Aug)

CDFI reversed to close lower from 1,608.18 (07 Aug) to 1,543.23 (14 Aug)

CCFI reversed to close higher from 1,839.61 (07 Aug) to 1,846.96 (14 Aug)

COT     

Download Commodities COT

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

• Gold
• Silver
• Platinum (1)

Neutral

• Lumber

Up Trend

• Cocoa

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

• Cotton

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

Commodities Update 08 Aug 26

BDI reversed to close higher from 2,732 (31 Jul) to 3,089 (07 Aug)

Harpex closed higher from 2,343 (31 Jul) to 2,346 (07 Aug)

CDFI reversed to close higher from 1,467.35 (31 Jul) to 1,608.18 (07 Aug)

CCFI closed lower from 1,857.04 (31 Jul) to 1,839.61 (07 Aug)

COT     

Download Commodities COT

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

• Gold
• Silver (1)
• Platinum (1)

Neutral

• None

Up Trend

• Cocoa
• Coffee

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

• None

Neutral

• None

Down Trend

• Cotton

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

Commodities Update 01 Aug 26

BDI closed lower from 2,743 (24 Jul) to 2,732 (31 Jul)

Harpex closed higher from 2,340 (24 Jul) to 2,343 (31 Jul)

CDFI reversed to close lower from 1,473.77 (24 Jul) to 1,467.35 (31 Jul)

CCFI continued to close lower from 1.901.27 (24 Jul) to 1,857.04 (31 Jul)

COT     

Download Commodities COT

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

• Gold
• Silver (1)
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa

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

• None

Neutral

• Soybeans

Down Trend

• Cotton

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

Commodities Update 25 Jul 26

BDI continued to close lower from 2,752 (17 Jul) to 2,743 (24 Jul)

Harpex remained unchanged at 2,340 (24 Jul)

CDFI reversed to close higher from 1,460.64 (17 Jul) to 1,473.77 (24 Jul)

CCFI reversed to close lower from 1,910.67 (17 Jul) to 1.901.27 (24 Jul)

COT     

Download Commodities COT

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

• Gold
• Silver (1)
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa
• Heating Oil

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

• None

Neutral

• None

Down Trend

• Cotton

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

Commodities Update 18 Jul 26

BDI reversed to close lower from 2,944 (10 Jul) to 2,752 (17 Jul)

Harpex closed higher from 2,337 (10 Jul) to 2,340 (17 Jul)

CDFI reversed to close lower from 1,466.68 (10 Jul) to 1,460.64 (17 Jul)

CCFI closed higher from 1,873.15 (10 Jul) to 1,910.67 (17 Jul)

COT     

Download Commodities COT

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

• Gold
• Silver (1)
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa

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

• None

Neutral

• None

Down Trend

• Cotton

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

Commodities Update 11 Jul 26

BDI continued to close higher from 2,717 (03 Jul) to 2,944 (10 Jul)

Harpex closed higher from 2,327 (04 Jul) to  2,337 (10 Jul)

CDFI continued to close higher from 1,394.88 (04 Jul) to 1,466.68 (10 Jul)

CCFI closed higher from 1,811.15 (04 Jul) to 1,873.15 (10 Jul)

COT     

Download Commodities COT

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

• Gold
• Silver (1)
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa
• Heating Oil

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

US Markets 04 Jul 26

The US market closed higher, except for Russell, which closed lower. The Dow closed at a historic high.

BDI reversed to close higher from 2,524 (26 Jun) to 2,717 (03 Jul)

Harpex unchanged at 2,327 (04 Jul)

CDFI reversed to close higher from 1,364.1 (26 Jun) to 1,394.88 (04 Jul)

CCFI closed higher from 1,710.47 (26 Jun) to 1,811.15 (04 Jul)

The dollar index continued to close higher.

Watch out for

• US FOMC Meeting Minutes 
• China and Germany CPI data

There will be no update on COT this week due to a delayed release date caused by a Federal holiday.

Dow
Daily UT, Weekly UT

Potential resistance around 54,662

Potential support around 52,533, 50,403, 48,273

S&P
Daily UT, Weekly UT

Potential resistance around 7,693

Potential support around 7,458, 7,222, 6,987

Nasdaq
Daily UT, Weekly UT

Potential resistance around 30,100, 30,822

Potential support around 29,378, 28,655, 27,933

Russell
Daily UT, Weekly UT

Potential resistance around  3,081

Potential support around 2,951, 2,821, 2,691

Key event to watch out for (SG Time, GMT+8)

06 Jul, Mon

• 2145 US S&P Global Services PMI (Jun)
• 2200 US ISM Non-Manufacturing PMI (Jun)

07 Jul, Tue

• 2015 US ADP Employment Change Weekly
• 2200 Canada Ivey PMI (Jun)

08 Jul, Wed

• 1000 New Zealand RBNZ Interest Rate Decision
• 2230 US Crude Oil Inventories

08 Jul, Thu

• 0100 US 10-Year Note Auction  
• 0200 US FOMC Meeting Minutes  
• 0930 China CPI (YoY) (Jun)
• 0930 China PPI (YoY) (Jun)
• 2030 US Initial Jobless Claims
• 2200 US Existing Home Sales (Jun)

10 Jul, Fri

• New Zealand on holiday
• 0101 US 30-Year Bond Auction  
• 1400 Germany CPI (MoM) (Jun)
• 2030 Canada Unemployment Rate (Jun)

Commodities Update 27 Jun 26

BDI closed lower from 2,722 (19 Jun) to 2,524 (26 Jun)

Harpex unchanged at 2,327 (26 Jun)

CDFI closed lower from 1,435.69 (18 Jun) to 1,364.1 (26 Jun)

CCFI closed higher from 1,599.07 (18 Jun) to 1,710.47 (26 Jun)

COT     

Download Commodities COT

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

• Coffee
• Gold (1)
• Silver (1)
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa
• Heating Oil (1)

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

US Markets 20 Jun 26

The US market closed higher. The Dow and Russell closed at a historic highs.

BDI closed lower from 2,729 (12 Jun) to 2,722 (19 Jun)

Harpex closed higher from 2,324 (12 Jun) to 2,327 (19 Jun)

CDFI closed lower  from 1,520.02 (12 Jun) to 1,435.69 (18 Jun)

CCFI closed higher from 1,480.11 (12 Jun) to 1,599.07 (18 Jun)

The dollar index broke out of the consolidation and the 100.3 resistance level, closing higher in an outside day on the weekly chart.

Watch out for

• Preliminary release of Manufacturing and services PMI by multiple countries
• US GDP

There will be no update on COT this week due to a delayed release date caused by a Federal holiday.

Dow
Daily UT, Weekly UT

Potential resistance around 52,533

Potential support around 50,403, 48,273, 46,144

S&P
Daily UT, Weekly UT

Potential resistance around 7,693

Potential support around 7,458, 7,222, 6,987

Nasdaq
Daily UT, Weekly UT

Potential resistance around 30,822, 31,545

Potential support around 30,100, 29,378, 28,655

Russell
Daily UT, Weekly UT

Potential resistance around  3,081

Potential support around 2,951, 2,821, 2,691

Key event to watch out for (SG Time, GMT+8)

22 Jun, Mon

• 0915 China PBoC Loan Prime Rate
• 2030 Canada Core CPI (YoY) (May)
• 2030 Canada CPI (YoY) (May)

23 Jun, Tue

• 1300 Japan BoJ Core CPI (YoY) 
• 1530 Germany HCOB Manufacturing PMI (Jun) ^P
• 1530 Germany HCOB Services PMI (Jun) ^P
• 1600 Europe HCOB Manufacturing PMI (Jun) ^P
• 1600 Europe HCOB Services PMI (Jun) ^P
• 1630 UK S&P Global Services PMI (Jun) ^P
• 1630 UK S&P Global Manufacturing PMI (Jun) ^P
• 2015 US ADP Employment Change Weekly  
• 2154 US UK S&P Global Services PMI (Jun) ^P
• 2154 US S&P Global Manufacturing PMI (Jun) ^P

24 Jun, Wed

• 0930 Australia CPI (May)
• 1600 Germany Business Expectations (Jun)
• 2200 US New Home Sales (May)
• 2230 US Crude Oil Inventories

25 Jun, Thu

• 0930 Australia Unemployment Rate (May)
• 2030 US Core PCE Price Index (YoY) (May)
• 2030 US GDP (QoQ) (Q1)
• 2030 US Durable Goods Orders (MoM) (May) ^P
• 2030 US Initial Jobless Claims

26 Jun, Fri

• 0730 Japan Tokyo Core CPI (YoY) (Jun)
• 2200 US Michigan Consumer Expectations (Jun)

Note

• ^P: Preliminary Release

Commodities Update 13 JUn 26

BDI continued to close lower from 2,981 (05 Jun) to 2,729 (12 Jun)

Harpex closed higher from 2,322 (05 Jun) to 2,324 (12 Jun)

CDFI continued to close lower from 1,623.45 (05 Jun) to 1,520.02 (12 Jun)

CCFI closed higher from 1,411.6 (05 Jun) to 1,480.11 (12 Jun)

COT     

Download Commodities COT

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

• Coffee
• Gold (1)
• Silver
• Platinum (1)
• Crude

Neutral

• None

Up Trend

• Cocoa
• Heating Oil
• Lumber

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

• Copper

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

Commodities Update 06 JUn 26

BDI reversed to close lower from 3,224 (29 May) to 2,981 (05 Jun)

Harpex remained unchanged at 2,322 (05 Jun)

CDFI reversed to close lower from 1,710.16 (29 May) to 1,623.45 (05 Jun)

CCFI closed higher from 1,366.76 (29 May) to 1,411.6 (05 Jun)

COT     

Download Commodities COT

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

• Coffee
• Oats (1)

Neutral

• Platinum (1)
• Gold (1)
• Silver
• Crude
• Lumber (1)

Up Trend

• Cocoa
• Heating Oil

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

• Cotton
• Copper

Neutral

• Soybean Meal

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

Commodities Update 30 May 26

BDI reversed to close higher from 2,991 (22 May) to 3,224 (29 May)

Harpex closed higher from 2,321 (22 May) to 2,322 (29 May)

CDFI reversed to close higher from 1,656.47 (22 May) to 1,710.16 (29 May)

CCFI closed higher from 1,317.36 (22 May) to 1,366.76 (29 May)

COT     

Download Commodities COT

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

• Coffee
• Platinum (1)
• Gold (1)
• Lumber (1)
• Natural Gas

Neutral

• Silver
• Oats
• Crude (1)

Up Trend

• Cocoa
• Heating Oil

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

• Wheat
• Copper

Neutral

• Soybean Meal

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