Commodities Update - 27 Sep 14

BDI further decline to 1049 (26 Sep) from 1075 (19 Sep).

Commodities Update
Most commodities price continue to go lower due to stronger USD except for Feeder Cattle.  Sugar seem to have bottom and price picking up this week.  Advise to have
short term or intraday trade unless is in UT.

Trade I am in are

• Sugar (25 Sep, 2ET broke LHF)
• Feeder Cattle (17 Sep, broke LHF)
• Rough Rice (19 Sep, 2ET broke LHF)
• Natural Gas (23 Sep, 3ET broke LHF)

I may consider to trade if there is a long signal on the following:

• Cotton (DT)
• Coffee (UT)
• Cocoa (UT)
• Oats (Neutral)

Those in DT will wait for 2ET


Commodities

Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend

•  Sugar (2) (2ET had formed, broke 2 weeks high)
•  Coffee
•  Soybeans (1)
•  Soybean Meal
•  Wheat
•  Rough Rice (1)
•  Cotton (1)
•  Gasoline
•  Heating Oil
•  Copper
•  Platinum
•  Palladium
•  Silver (1)
•  Gold
•  Copper

Neutral

•  Orange Juice
•  Oats
•  Lumber
•  Natural Gas (1)

Up Trend

•  Feeder Cattle
•  Cocoa

Note
(1) COT Index > 90
(2) Price may have hit bottom
Down Trend and Up Trend is based on 50 Simple Moving Average