Commodities Update - 22 Nov 14

BDI went higher this week from 1256 (14 Nov) to 1324 (21 Nov).

Summary
Most commodities are not moving much except for Orange juice and Lumber.  I have missed these 2 trades but will be waiting for LHF formation to enter.  Lumber will be tougher to trade due to huge gap.

Trade I am in are

• Corn (Entry on 20 Nov)
• Wheat (Entry on 21 Nov)
• Sugar Raw (Entry on 19 Nov)
• Soybean meal (Entry on 21 Nov)

   
Closed Trade

• Feeder Cattle (Entry on 04 Nov, closed partial on 18 Nov and closed all on20 Nov)
• Coffee Arabica (Entry on 12 Nov, closed partial on 17 Nov)
• Coffee Arabica (Entry on 18 Nov, closed on 18 Nov)
• Corn (Entry on 10 Nov, closed on 17 Nov)
• Wheat (Entry on 10 Nov, closed on 18 Nov)

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

• UT
• Natural Gas
• Neutral
• Coffee Arabica, Coffee Robusta (2), Soybean Meal, Sugar Raw
• DT
• Rough Rice, Orange Juice, Lumber, Feeder Cattle
• Silver, Copper, Palladium, Platinum

COT

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

Down Trend

• Cocoa
• Rough Rice (1)
• Lumber (1)
• Orange Juice (1)
• Copper
• Platinum
• Palladium
• Silver (1)
• Copper
• Cotton

Neutral

• Sugar Raw (from DT to neutral)
• Coffee Arabica

Up Trend

• Natural Gas (1)

Note
(1) COT Index > 90
(2) No COT data available

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