Sunday, March 11, 2018

Commodities Update 10 Mar 18

BDI closed slight lower to 1201 (09 Mar) from 1207 (2 Mar)
Harpex continues to climb higher to 548.98 (03 Mar) from at 542.62 (24 Feb)

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

  • Sugar 
Neutral
  • Orange Juice
  • Natural Gas
Up Trend
  • Coffee
  • Crude

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

  • Soybean Meal
  • Corn
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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