Commodities Update - 10 Dec 16

BDI lower to 1090 (09 Dec) from 1198 (02 Dec)
Harpex lower to 318.83 (03 Dec) from 316.07 (26 Nov)

Summary
Most closed lower except grains closed higher

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

• Cocoa

Neutral

• Rough Rice

Up Trend

• Natural Gas

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

• Crude
• Copper
• Cotton

Neutral

• None

Down Trend

• Coffee

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
Down Trend and Up Trend is based on 50 Simple Moving Average