Commodities Update - 23 Aug 14

BDI contine to accelerate from 1015 (15 Aug) to 1088 (22 Aug). 

Commodities Update
Cocoa Bulk Bean (UK), Lumber, Palladium and Copper had traded higher this week.
Grains commodities continue to edge slightly higher.

I will monitor more closely on the following:

• Cotton (DT, Broke consolidation on daily chart),
• Natural Gas (DT),
• Corn (DT),
• Coffee (UT),
• Orange Juice (DT)
• Silver (UT)
• Lumber (UT)
• Copper (UT)

Commodities

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

• Sugar
• Rough Rice (COT Index > 90)
• Orange Juice(COT Index > 90) 
• Cotton (COT Index > 90, Broke consolidating)**
• Crude
• Natural Gas (COT Index > 90)
• Soybeans (COT Index > 90)
• Platinum

Neutral

• None

Up Trend

• Silver
• Copper (Had formed 2ET)