Sunday, October 11, 2015

Commodities Update - 10 Oct 15

BDI continue to slide from 889 (02 Oct) to 809 (09 Oct)

Summary
Metals and Energy closed higher this week while grains are mixed.

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

  • Orange Juice
  • Natural Gas
  • Platinum
  • Lumber (1)
Neutral
  • None
Up Trend
  • Coffee Arabica (1)
  • Oats
  • Palladium

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

  • None
Neutral
  • Crude
Down Trend
  • None
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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