Sunday, September 17, 2017

Commodities Update - 16 Sep 17

BDI closed at 1385 (15 Sep)
Harpex closed at 515.88 (09 Sep)

Summary
Energy, Coffee and Sugar closed higher.  Metals closed lower while the rest closed mixed.
BDI and Harpex continue to climb up steadily.

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

  • None
Neutral
  • None
Up Trend
  • Cocoa (1)
  • Coffee
  • Sugar (1)
  • Crude

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

  • Feeder Cattle
  • Rough Rice
  • Copper
  • Gold
  • Palladium
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 trend reversal
Down Trend and Up Trend is based on 50 Simple Moving Average






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