Sunday, November 5, 2017

Commodities Update - 04 Nov 17

BDI continues to go lower from 1,546 (27 Oct) to 1,476 (03 Nov)
Harpex lower again for this week from 494.11 (21 Oct) to 473.83 (28 Oct) 

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

  • Wheat
  • Coffee (1)
  • Natural Gas
Neutral
  • Corn (1)
  • Up Trend
  • Cocoa
  • Sugar
  • Crude (1)

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

  • Heating Oil
  • Lumber
  • Feeder Cattle
  • Copper
Neutral
  • None
Down Trend
  • Gold

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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