Sunday, August 16, 2015

Commodities Update - 15 Aug 15

BDI retreat from 1200 (07 Aug) to 1055 (14 Aug)

Summary
Cotton, Coffee, Sugar and most metals are trading higher this week, the rest close lower

COT
Instruments that show buying interest
(3) by Producer/Merchant/Processor/User
Down Trend

  • Sugar
  • Oats (1)
  • Gasoline
  • Copper
  • Gold
  • Silver
  • Palladium (1)
  • Platinum
Neutral
  • Lumber (1)
Up Trend
  • Coffee Arabica
Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

  • Soybean Meal
Neutral
  • None
Down Trend
  • Feeder Cattle
  • Crude
Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT

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






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