Sunday, October 1, 2017

Commodities Update - 30 Sep 17

BDI fell sharply from 1,502 (22 Sep) to 1,356 (29 Sep)
Harpex closed lower from 517.07 (16 Sep) to 513.79 (23 Sep)

Summary
Commodities continue to close mixed.

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

  • Coffee
  • Sugar
  • Corn
Neutral
  • Natural Gas
Up Trend
  • Cocoa
  • Crude

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

  • Heating Oil
  • Gold
  • Lumber
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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