Commodities Update - 05 Mar 16

BDI continue to recover gradually from 327 (26 Feb) to 349 (04 Mar)
Harpex similiar to BDI recovering 364.13 (20 Feb) to 365.78 (27 Feb)

Summary
Most commodities closed higher may due to USD weakening

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

• Oats
• Corn
• Soybeans
• Wheat (1)
• Soybean Meal (1)
• Natural Gas (1)
• Cotton
• Palladium

Neutral

• Coffee Arabica
• Lumber

Up Trend 

• None

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

• Gold

Neutral 

• None

Down Trend 

• Crude
• Gasoline

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