Sunday, October 4, 2015

Commodities Update - 03 Oct 15

BDI lower from 943 (25 Sep) to 889 (02 Oct)

Summary
Commodities closed mixed this week

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

  • Coffee Arabica (1)
  • wheat
  • Orange Juice
  • Natural Gas
  • Copper
  • Platinum
  • Lumber (1)
Neutral
  • Oats
Up Trend
  • Palladium

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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