Commodities Update - 01 Oct 16

BDI pull back from 940 (23 Sep) to 875 (30 Sep)
Harpex edge lower from 328.50 (17 Sep) to 328.09 (24 Sep)

Summary
Most energy continue to close higher while others are mixed.

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

• Cocoa (1)
• Wheat
• Corn
• Oats
• Rough Rice

Neutral

• None

Up Trend

• Natural Gas

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

• Coffee
• Sugar
• Soybean Oil

Neutral

• Crude

Down Trend

• Cotton
• Silver

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