Commodities Update - 12 Dec 15

BDI closed lower again from 563 (04 Dec) to 522 (11 Dec)

Summary
Most commodities closed lower despite USD weakening

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

• Wheat (1)
• Soybean Meal (1)
• Natural Gas
• Gold
• Silver
• Copper (1)
• Palladium
• Platinum

Neutral

• None

Up Trend

• Coffee Arabica
• Lumber

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

• Raw Sugar

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