Sunday, September 6, 2015

Commodities Update - 05 Sep 15

BDI continue to lower to 875 (04 Sep) from 903 (28 Aug)

Summary
Sugar and cocoa closed higher this week while the rest closed lower.

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

  • Coffee Arabica (1)
  • Sugar (1)
  • wheat
  • Oats (1)
  • Gasoline
  • Natural Gas
  • Copper
  • Silver
  • Palladium (1)
  • Lumber (1)
Neutral
  • None
Up Trend
  • None

Instruments that show selling interest at extreme
(2) only by Producer/Merchant/Processor/User
Up Trend

  • None
Neutral
  • None
Down Trend
  • 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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