Sunday, September 24, 2017

Commodities Update - 23 Sep 17

BDI rallied from 1,385 (15 Sep) to 1,502 (22 Sep)
Harpex closed higher from 515.88 (09 Sep) to 517.07 (16 Sep)

Summary
Commodities closed mixed.

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

  • Corn
Neutral
  • Natural Gas
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
  • Heating Oil
  • 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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