Commodities Update - 27 Feb 16

BDI continue to claw higher from 315 (19 Feb) to 327 (26 Feb)
Harpex also trying to recover from recent low 363.3 (13 Feb) to 364.13 (20 Feb)

Summary
Most commodities closed lower.

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

• US Cocoa
• Coffee Arabica
• Oats
• Rough Rice
• Wheat (1)
• Soybean Meal (1)
• Natural Gas (1)
• Cotton
• Lumber
• Palladium

Neutral

• Copper

Up Trend 

• None

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

• Gold
• Silver

Neutral 

• None

Down Trend 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(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