Commodities & Futures — Inter-Market Analysis
Live quotes (15-min) · 5-year history · Updated 17:56 UTC
Inter-Market Ratios
Gold/Silver
70.17
23.5th percentile (3yr)
DEPRESSED
Safe-haven premium vs industrial. >80 = silver cheap, <65 = silver rich
50MA: 66.16 · 200MA: 62.03 · Z-score: 0.44
Copper/Gold
0.0016
51.1th percentile (3yr)
NORMAL
Economic optimism gauge. Rising = growth, falling = fear
50MA: 0.00 · 200MA: 0.00 · Z-score: 2.21
Oil/Gold
0.0197
32.8th percentile (3yr)
NORMAL
Energy vs safe-haven. Falling = deflationary signal
50MA: 0.02 · 200MA: 0.02 · Z-score: 0.81
Gold/SPY
0.50
61.5th percentile (3yr)
NORMAL
Real assets vs equities. Rising = loss of equity confidence
50MA: 0.52 · 200MA: 0.59 · Z-score: -1.16
Bonds/Equities
0.11
3.9th percentile (3yr)
EXTREME LOW
Risk appetite. Rising TLT/SPY = risk-off rotation
50MA: 0.11 · 200MA: 0.12 · Z-score: -1.67
Credit Spread
0.94
97.5th percentile (3yr)
EXTREME HIGH
High-yield vs Treasuries. Falling = credit stress
50MA: 0.94 · 200MA: 0.92 · Z-score: 1.47
Commodity/Dollar
0.28
89.9th percentile (3yr)
ELEVATED
Broad commodities vs USD. Inverse = dollar headwind
50MA: 0.29 · 200MA: 0.26 · Z-score: 0.83
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:
101.27
—
Neutral
(20d vs 50d MA)
| Symbol | Name | USD Corr | 10Y Corr | Sensitivity | Implication |
|---|---|---|---|---|---|
| GCUSD | Gold | -0.25 | +0.31 | Low | Moderate USD correlation (-0.25) |
| SIUSD | Silver | -0.03 | +0.20 | Low | No meaningful USD link for Silver |
| CLUSD | WTI Crude | +0.07 | -0.59 | Low | No meaningful USD link for WTI Crude |
| NGUSD | Natural Gas | -0.22 | -0.18 | Low | Moderate USD correlation (-0.22) |
| HGUSD | Copper | +0.02 | +0.14 | Low | No meaningful USD link for Copper |
| ZCUSX | Corn | -0.20 | -0.07 | Low | Moderate USD correlation (-0.20) |
| ZSUSX | Soybeans | -0.19 | -0.21 | Low | Moderate USD correlation (-0.19) |
| KEUSX | Wheat | -0.54 | +0.22 | High Inverse | Moderate USD correlation (-0.54) |
| CCUSD | Cocoa | -0.29 | +0.20 | Low | Moderate USD correlation (-0.29) |
| KCUSX | Coffee | -0.11 | +0.38 | Low | No meaningful USD link for Coffee |
| SBUSX | Sugar | -0.14 | +0.06 | Low | No meaningful USD link for Sugar |
| CTUSX | Cotton | -0.08 | -0.25 | Low | No meaningful USD link for Cotton |
| BZUSD | Brent Crude | +0.06 | -0.61 | Low | No meaningful USD link for Brent Crude |
| PLUSD | Platinum | +0.00 | +0.27 | Low | No meaningful USD link for Platinum |
| PAUSD | Palladium | -0.06 | +0.21 | Low | No meaningful USD link for Palladium |
Commodity Grid
Energy
COT 32.3%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| CLUSD | WTI Crude | 79.26 | -4.06% |
|
+0.07 | |
| BZUSD | Brent Crude | 82.85 | -6.24% | — | +0.06 | |
| NGUSD | Natural Gas | 2.6620 | -4.52% |
|
-0.22 | |
| HOUSD | Heating Oil | 4.0183 | +0.31% |
|
— | |
| RBUSD | RBOB Gasoline | 3.1380 | -1.00% |
|
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Precious
COT 35.5%
Base Metals
COT 96.8%
Grains
COT 85.7%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| ZCUSX | Corn | 481.00 | +1.48% |
|
-0.20 | |
| ZSUSX | Soybeans | 1,220 | +0.51% |
|
-0.19 | |
| KEUSX | Wheat | 726.25 | -0.38% |
|
-0.54 | |
| ZMUSD | Soybean Meal | 327.40 | +1.02% |
|
— | |
| ZLUSX | Soybean Oil | 69.07 | -0.73% |
|
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Softs
COT 35.8%
Livestock
COT 15.6%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| LEUSX | Live Cattle | 221.30 | +1.15% |
|
— | |
| GFUSX | Feeder Cattle | 336.85 | +1.48% |
|
— | |
| HEUSX | Lean Hogs | 88.28 | +0.54% |
|
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Indices
COT 31.6%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| ESUSD | S&P 500 | 7,465 | +0.23% |
|
— | |
| NQUSD | Nasdaq 100 | 27,922 | -0.95% |
|
— | |
| YMUSD | Dow Jones | 52,944 | +1.07% |
|
— | |
| RTYUSD | Russell 2000 | 2,964 | +0.15% | — | — |
Rates
COT 45.9%
Crypto
COT 66.9%
Dollar
COT 81.2%
| Symbol | Name | Price | Chg% | 30d | COT% | $Corr |
|---|---|---|---|---|---|---|
| DXUSD | Dollar Index | 101.28 | -0.11% |
|
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Performance Leaderboard