Commodities & Futures — Inter-Market Analysis
Live quotes (15-min) · 5-year history · Updated 23:16 UTC
Performance Leaderboard
Inter-Market Ratios
Gold/Silver
67.62
22.2th percentile (3yr)
DEPRESSED
Safe-haven premium vs industrial. >80 = silver cheap, <65 = silver rich
50MA: 68.56 · 200MA: 62.76 · Z-score: 0.53
Copper/Gold
0.0015
40.7th percentile (3yr)
NORMAL
Economic optimism gauge. Rising = growth, falling = fear
50MA: 0.00 · 200MA: 0.00 · Z-score: 1.16
Oil/Gold
0.0228
51.2th percentile (3yr)
NORMAL
Energy vs safe-haven. Falling = deflationary signal
50MA: 0.02 · 200MA: 0.02 · Z-score: 1.52
Gold/SPY
0.52
68.2th percentile (3yr)
NORMAL
Real assets vs equities. Rising = loss of equity confidence
50MA: 0.52 · 200MA: 0.59 · Z-score: -0.92
Bonds/Equities
0.11
0.3th percentile (3yr)
EXTREME LOW
Risk appetite. Rising TLT/SPY = risk-off rotation
50MA: 0.11 · 200MA: 0.12 · Z-score: -1.85
Credit Spread
0.97
99.6th percentile (3yr)
EXTREME HIGH
High-yield vs Treasuries. Falling = credit stress
50MA: 0.96 · 200MA: 0.93 · Z-score: 2.08
Commodity/Dollar
0.34
99.9th percentile (3yr)
EXTREME HIGH
Broad commodities vs USD. Inverse = dollar headwind
50MA: 0.30 · 200MA: 0.28 · Z-score: 2.06
COT Convergence Signals
Grain Belt Conviction
3/3 confirming · 100% strength
Specs net long 3/3 grain markets — agricultural inflation signal
Dollar & Rate Impact
Dollar Index:
98.86
↓
Weakening
(20d vs 50d MA)
Dollar weakening is a tailwind for most commodity prices
| Symbol | Name | USD Corr | 10Y Corr | Sensitivity | Implication |
|---|---|---|---|---|---|
| GCUSD | Gold | -0.70 | +0.39 | High Inverse | USD weakening is a tailwind for Gold |
| SIUSD | Silver | -0.53 | +0.28 | High Inverse | USD weakening is a tailwind for Silver |
| CLUSD | WTI Crude | +0.18 | -0.56 | Low | Moderate USD correlation (+0.18) |
| NGUSD | Natural Gas | -0.02 | +0.23 | Low | No meaningful USD link for Natural Gas |
| HGUSD | Copper | -0.20 | +0.21 | Low | Moderate USD correlation (-0.20) |
| ZCUSX | Corn | +0.30 | -0.42 | Positive | Moderate USD correlation (+0.30) |
| ZSUSX | Soybeans | +0.15 | -0.13 | Low | Moderate USD correlation (+0.15) |
| KEUSX | Wheat | +0.28 | -0.25 | Low | Moderate USD correlation (+0.28) |
| CCUSD | Cocoa | +0.28 | -0.47 | Low | Moderate USD correlation (+0.28) |
| KCUSX | Coffee | +0.30 | +0.02 | Positive | Moderate USD correlation (+0.30) |
| SBUSX | Sugar | +0.16 | -0.10 | Low | Moderate USD correlation (+0.16) |
| CTUSX | Cotton | -0.03 | -0.11 | Low | No meaningful USD link for Cotton |
| BZUSD | Brent Crude | +0.20 | -0.60 | Low | Moderate USD correlation (+0.20) |
| PLUSD | Platinum | -0.48 | +0.23 | Moderate Inverse | USD weakening is a tailwind for Platinum |
| PAUSD | Palladium | -0.24 | +0.09 | Low | Moderate USD correlation (-0.24) |
Commodity Grid
Energy
COT 39.1%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| CLUSD | WTI Crude | 100.05 | -2.37% |
|
+0.18 | |
| BZUSD | Brent Crude | 104.61 | -2.81% | — | +0.20 | |
| NGUSD | Natural Gas | 2.8200 | -0.49% |
|
-0.02 | |
| HOUSD | Heating Oil | 4.7792 | -1.38% |
|
— | |
| RBUSD | RBOB Gasoline | 3.1266 | -2.49% |
|
— |
Precious
COT 50.3%
Base Metals
COT 99.4%
Grains
COT 97.2%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| ZCUSX | Corn | 530.25 | -0.66% |
|
+0.30 | |
| ZSUSX | Soybeans | 1,296 | -2.68% |
|
+0.15 | |
| KEUSX | Wheat | 798.50 | -2.47% |
|
+0.28 | |
| ZMUSD | Soybean Meal | 352.80 | -1.15% |
|
— | |
| ZLUSX | Soybean Oil | 69.61 | -0.10% |
|
— |
Softs
COT 48.7%
Livestock
COT 6.7%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| LEUSX | Live Cattle | 219.68 | +0.85% |
|
— | |
| GFUSX | Feeder Cattle | 332.50 | +1.51% |
|
— | |
| HEUSX | Lean Hogs | 81.53 | -1.95% |
|
— |
Indices
COT 56.1%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| ESUSD | S&P 500 | 7,660 | +0.80% |
|
— | |
| NQUSD | Nasdaq 100 | 29,387 | +0.86% |
|
— | |
| YMUSD | Dow Jones | 52,585 | +0.94% |
|
— | |
| RTYUSD | Russell 2000 | 2,904 | +0.38% | — | — |
Rates
COT 46.6%
Crypto
COT 63.0%
Dollar
COT 83.8%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| DXUSD | Dollar Index | 98.84 | +0.06% |
|
— |