Commodities Update - 17 Aug 14

BDI accelerated from 777 (08 Aug) to 1015 (15 Aug).   
Will see commodities moving again.

Commodities Update
Cocoa Bulk Bean (UK), Orange Juice, Palladium had traded higher this week.
While Grains commodities edge slightly higher.

I will monitor more closely on the following:

• Cotton (DT, Formed Double bottom on weekly chart and still consolidating),
• Natural Gas (DT),
• Corn (DT),
• Coffee (UT, Weekly ROC getting smaller),
• Platinum (UT),
• Orange Juice (DT, Broke resistance trend line, 10MA UT) and
• Silver (UT, waiting to see positive sign on monthly chart)

Add position if there is an entry signal

• Wheat (DT)
• Palladium (UT)

Commodities
 
Instruments that show buying interest by Producer/Merchant/Processor/User
 
Down Trend

• Sugar
• Corn
• Rough Rice (COT Index > 90)
• Orange Juice 
• Cotton (COT Index > 90, Still consolidating)
• Crude
• Natural Gas (COT Index > 90)
• Soybeans (COT Index > 90)

Neutral

• Copper

Up Trend

• Platinum
• Silver
• Feeder Cattle
• Palladium