Sunday, September 27, 2015

Commodities Update - 26 Sep 15

BDI closed the week at 943 (25 Sep) from 960 (18 Sep)

Summary
Most soft commodities and energy closed higher while most metals lower, reversed from last week

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

  • Coffee Arabica (1)
  • Sugar
  • wheat
  • Oats
  • Natural Gas
  • Lumber
Neutral
  • Palladium (1)
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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