Monday, July 31, 2017

Commodities Update - 29 Jul 17

BDI closed at 933 (28 Jul) from 964 (20 Jul)
Harpex surged more than 5% to close at 470.25 (22 Jul) from 445.80 (15 Jul)

Summary
Energy and Metals closed higher while soft commodities 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 (1)
Up Trend
  • None

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

  • Wheat
  • Oats
  • Rough Rice
Neutral
  • Feeder Cattle
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 trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average






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