Commodities Update - 13 Feb 16

BDI broke down 300 pt to 291 (12 Feb) from 317 (29 Jan)

Summary
Most commodities closed lower except for precious metals

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

• Coffee Arabica
• Wheat
• Oats
• Soybeans
• Soybean Meal (1)
• Copper
• Palladium
• Natural Gas (1)
• Cotton

Neutral

• Lumber

Up Trend

• Platinum (1)

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

• None

Neutral

• None

Down Trend

• Crude
• Heating Oil

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