Summary
Most commodities are trading lower this week except for some, do monitor them for possible potential upside
Trade I am in are
- Corn (Entry on 20 Nov & 10 Dec)
- Wheat (Entry on 21 Nov & 11 Dec)
- Palladium (Entry on 26 Nov & 09 Dec)
- Cotton (Entry on 26 Nov)
- Lumber (Entry on 02 & 11 Dec)
- Corn (Entry on 04 Dec, Closed on 08 Dec)
- Wheat (Entry on 05 Dec, took partial on 08 Dec)
- Wheat (Entry on 05 Dec, Closed on 09 Dec)
- Palladium (Entry on 09 Nov, Closed on 12 Dec)
- Lumber (Entry on 02 Dec, took partial on 09 Dec)
I may consider to trade if there is a long signal on the following:
- UT
- Corn, Wheat, Soybean Meal
- Orange Juice
- Palladium
- Neutral
- Sugar Raw, Lumber
- DT
- Rough Rice, Cotton, Coffee Arabica
- Natural Gas
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend
- Oats
- Soybean Oil
- Rough Rice (1)
- Feeder Cattle
- Heating Oil
- Copper (1)
- Coffee Arabica (from neutral to DT)
- Cotton
- Natural Gas (1) (from neutral to DT)
Neutral
- Sugar Raw (from DT to neutral)
- Lumber (from DT to neutral)
Up Trend
- Soybean Meal
- Palladium
(1) COT Index > 90
(2) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average
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