Monday, March 5, 2018

Commodities Update 03 Mar 18

BDI closed high at 1207 (2 Mar) from 1185 (23 Feb)
Harpex at 2 years high at 542.62 (24 Feb) from 526.02 (17 Feb)

COT 
Download Commodities COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend
  • Sugar 
  • Orange Juice
Neutral
  • Natural Gas (1)
Up Trend
  • Coffee
  • Crude

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