Sunday, January 21, 2018

Commodities Update - 20 Jan 18

BDI continues to close lower at 1,125 (19 Jan) from 1,279 (12 Jan) 
Harpex continues to close higher at 489.34 (13 Jan) from 485.16 (06 Jan)

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

  • Soybeans (1)
  • Coffee (1)
  • Sugar
  • Orange Juice
Neutral
  • Corn
  • Wheat
Up Trend
  • Natural Gas (1)
  • Crude

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

  • Heating Oil
  • Lumber
  • Copper
  • Palladium
  • Gold
  • Cotton
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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