Commodities Update - 06 Dec 14

BDI went accelerate lower to 982 (05 Dec) from 1153 (28 Nov).  Due to long festival season at year end, BDI tend to be seasonal weak at this period.

Summary
Most commodities are trading lower this week except for some, do

monitor them for possible potential upside

Trade I am in are

• Corn (Entry on 20 Nov & 04 Dec)
• Wheat (Entry on 21 Nov & 05 Dec)
• Palladium (Entry on 26 Nov)
• Cotton (Entry on 26 Nov)
• Lumber (Entry on 02 Dec)

   
Closed Trade

• Corn (Entry on 25 Nov, SL triggered on 03 Dec)
• Wheat (Entry on 25 Nov, Closed on 03 Dec)
• Feeder Cattle (Entry on 01 Dec, Closed on 03 Dec)

  
  
I may consider to trade if there is a long signal on the following:

•  UT
• Corn, Wheat
• Natural Gas
•  Neutral
• Coffee Arabica, Coffee Robusta (2)
• Soybean Meal, Sugar Raw, Orange Juice, Lumber
•  DT
• Rough Rice, Palladium, Feeder Cattle, Cotton

COT

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

Down Trend

• Cocoa
• Oats
• Soybeans
• Soybean Oil
• Rough Rice (1)
• Gasoline
• Heating Oil
• Copper (1)
• Palladium
• Cotton

Neutral

• Sugar Raw (from DT to neutral)
• Coffee Arabica (from UT to neutral)
• Lumber (1) (from DT to neutral)
• Natural Gas (1) (from UT to neutral)

Up Trend

• None

Note
(1) COT Index > 90
(2) No COT data available

Down Trend and Up Trend is based on 50 Simple Moving Average