Sunday, July 19, 2015

Commodities Update - 18 Jul 15

BDI broke 1000 mark closed at 1048 (17 Jul) from 874 (10 Jul)

Summary
Most of the commodities closed lower due to strengthening of US Dollar

COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend

  • Coffee Arabica (1)
  • Gasoline
  • Copper
  • Silver (1)
  • Palladium (1)
Neutral
  • Soybean Oil
Up Trend
  • Oats (1)
  • Lumber

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

  • Soybean Meal
Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average 








No comments:

Post a Comment