Commodities Update - 09 Jan 16

BDI slide to multi-year low at 429 (08 Jan)

Summary
Most commodities closed lower after Dollar Index strengthened

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

• Wheat (1)
• Soybeans (1)
• Soybean Meal (1)
• Silver
• Copper (1)
• Palladium (1)
• Platinum
• Lumber

Neutral

• Coffee Arabica
• Natural Gas (1)

Up Trend

• None

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