Monday, April 2, 2018

Commodities Update 31 Mar 18

BDI closed lower to 1055 (29 Mar) from 1122 (23 Mar)
Harpex hit new high (since 2016) at 635.16 from 597.88 (17 Mar) 

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

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