Sunday, July 16, 2017

Commodities Update - 15 Jul 17

BDI back to 900 (14 Jul) from 822 (07 Jul)
Harpex lower to 435.96 (08 Jul) from 439.54 (01 Jul)

Summary
Most commodities closed higher while Grains closed mixed.

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

  • Sugar (1)
  • Orange Juice
  • Natural Gas 
Neutral
  • Coffee  (1)
  • Cocoa (1)
  • Platinum
Up Trend
  • None

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

  • Wheat
  • Oats
  • Rough Rice
Neutral
  • None
Down Trend
  • Feeder Cattle

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 trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average





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