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Commodities & Futures — Inter-Market Analysis

Live quotes (15-min) · 5-year history · Updated 14:17 UTC

🔥 Reflation Confidence: 60%
Commodity/Dollar ratio rising Oil/Gold ratio rising Copper/Gold rising
Performance Leaderboard
Inter-Market Ratios
Gold/Silver 74.61
33.4th percentile (3yr) NORMAL
Safe-haven premium vs industrial. >80 = silver cheap, <65 = silver rich
50MA: 68.65 · 200MA: 64.85 · Z-score: 2.02
Copper/Gold 0.0016
66.6th percentile (3yr) NORMAL
Economic optimism gauge. Rising = growth, falling = fear
50MA: 0.00 · 200MA: 0.00 · Z-score: 1.64
Oil/Gold 0.0252
60.0th percentile (3yr) NORMAL
Energy vs safe-haven. Falling = deflationary signal
50MA: 0.02 · 200MA: 0.02 · Z-score: 1.78
Gold/SPY 0.48
46.1th percentile (3yr) NORMAL
Real assets vs equities. Rising = loss of equity confidence
50MA: 0.51 · 200MA: 0.57 · Z-score: -1.42
Bonds/Equities 0.11
4.5th percentile (3yr) EXTREME LOW
Risk appetite. Rising TLT/SPY = risk-off rotation
50MA: 0.10 · 200MA: 0.12 · Z-score: -1.22
Credit Spread 0.94
89.9th percentile (3yr) ELEVATED
High-yield vs Treasuries. Falling = credit stress
50MA: 0.97 · 200MA: 0.94 · Z-score: 0.47
Commodity/Dollar 0.33
98.9th percentile (3yr) EXTREME HIGH
Broad commodities vs USD. Inverse = dollar headwind
50MA: 0.32 · 200MA: 0.29 · Z-score: 1.51
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: 101.86 ↑ Strengthening (20d vs 50d MA)
Dollar strengthening is a headwind for most commodity prices
SymbolNameUSD Corr10Y CorrSensitivityImplication
GCUSD Gold -0.20 -0.14 Low Moderate USD correlation (-0.20)
SIUSD Silver -0.24 -0.24 Low Moderate USD correlation (-0.24)
CLUSD WTI Crude +0.01 +0.37 Low No meaningful USD link for WTI Crude
NGUSD Natural Gas -0.00 +0.07 Low No meaningful USD link for Natural Gas
HGUSD Copper +0.08 -0.79 Low No meaningful USD link for Copper
ZCUSX Corn -0.10 +0.25 Low No meaningful USD link for Corn
ZSUSX Soybeans +0.25 -0.04 Low Moderate USD correlation (+0.25)
KEUSX Wheat -0.07 +0.22 Low No meaningful USD link for Wheat
CCUSD Cocoa -0.22 -0.37 Low Moderate USD correlation (-0.22)
KCUSX Coffee -0.27 -0.19 Low Moderate USD correlation (-0.27)
SBUSX Sugar -0.15 -0.24 Low Moderate USD correlation (-0.15)
CTUSX Cotton -0.34 -0.25 Moderate Inverse USD strengthening is a headwind for Cotton
BZUSD Brent Crude +0.09 +0.31 Low No meaningful USD link for Brent Crude
PLUSD Platinum -0.22 -0.33 Low Moderate USD correlation (-0.22)
PAUSD Palladium -0.42 -0.20 Moderate Inverse USD strengthening is a headwind for Palladium
Commodity Grid
Energy COT 35.5% -1.7% avg
SymbolNamePrice Chg%30d COT%$Corr
CLUSD WTI Crude 100.00 -1.73%
12%
+0.01
BZUSD Brent Crude 113.71 -1.81% — +0.09
NGUSD Natural Gas 3.0090 -0.43%
0%
-0.00
HOUSD Heating Oil 4.6198 -2.44%
53%
—
RBUSD RBOB Gasoline 3.0662 -2.11%
76%
—
Precious COT 23.5% -0.53% avg
SymbolNamePrice Chg%30d COT%$Corr
GCUSD Gold 4,072 +0.82%
34%
-0.20
SIUSD Silver 54.38 +0.07%
3%
-0.24
PLUSD Platinum 1,535 -0.64%
26%
-0.22
PAUSD Palladium 1,028 -2.36%
30%
-0.42
Base Metals COT 72.7% +2.03% avg
SymbolNamePrice Chg%30d COT%$Corr
HGUSD Copper 6.6580 +1.77%
72%
+0.08
ALIUSD Aluminum 3,194 +2.29% — —
Grains COT 86.4% -1.1% avg
SymbolNamePrice Chg%30d COT%$Corr
ZCUSX Corn 448.87 -1.35%
81%
-0.10
ZSUSX Soybeans 1,244 -0.72%
94%
+0.25
KEUSX Wheat 651.25 -1.18%
79%
-0.07
ZMUSD Soybean Meal 334.45 -1.69%
96%
—
ZLUSX Soybean Oil 66.64 -0.55%
78%
—
Softs COT 45.6% +0.13% avg
SymbolNamePrice Chg%30d COT%$Corr
CCUSD Cocoa 5,563 -0.52%
20%
-0.22
KCUSX Coffee 294.25 -2.23%
13%
-0.27
SBUSX Sugar 19.20 +0.52%
99%
-0.15
CTUSX Cotton 77.82 -1.57%
88%
-0.34
OJUSX Orange Juice 143.75 +5.85%
6%
—
LBUSD Lumber 509.00 -1.26% — —
Livestock COT 13.0% -1.24% avg
SymbolNamePrice Chg%30d COT%$Corr
LEUSX Live Cattle 230.85 -0.15%
7%
—
GFUSX Feeder Cattle 347.12 +0.33%
30%
—
HEUSX Lean Hogs 62.15 -3.90%
0%
—
Indices COT 37.4% +0.69% avg
SymbolNamePrice Chg%30d COT%$Corr
ESUSD S&P 500 7,756 +0.53%
35%
—
NQUSD Nasdaq 100 29,791 +1.20%
22%
—
YMUSD Dow Jones 52,562 +0.02%
53%
—
RTYUSD Russell 2000 2,826 +1.03% — —
Rates COT 62.0% -0.04% avg
SymbolNamePrice Chg%30d COT%$Corr
ZBUSD 30Y Bond 107.44 -0.06%
46%
—
ZNUSD 10Y Note 106.06 -0.04%
5%
—
ZFUSD 5Y Note 104.38 -0.04%
98%
—
ZTUSD 2Y Note 102.00 -0.03%
98%
—
Crypto COT 56.2% 0.00% avg
SymbolNamePrice Chg%30d COT%$Corr
BTCUSD Bitcoin 0.0000 +0.00%
36%
—
ETHUSD Ethereum 0.0000 +0.00%
76%
—
Dollar COT 79.2% +0.3% avg
SymbolNamePrice Chg%30d COT%$Corr
DXUSD Dollar Index 102.17 +0.30%
79%
—

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms