Commodities Update - 27 Dec 14

BDI closed at 782 (24 Dec) for year 2014 from previous week at 803 (19 Dec)

Summary
Small movement on commodities.  Corn continue to hedge higher while natural gas broke strong support level.

Trade I am in are

• Corn (Entry on 20 Nov & 18 Dec)
• Soybean Meal (Entry on 18 Dec)
• Cotton (Entry on 26 Nov & 22 Dec)
• Lumber (Entry on 02, 11 Dec & 18 Dec)

   
Closed Trade

• Wheat (Entry on 21 Nov, Closed on 22 Dec)

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

• UT
• Corn, Wheat, Soybean Meal
• Orange Juice
• Palladium (Neutral to UT)

• Neutral
• None
• DT
• Oats 
• Lumber 
• Sugar Raw, US Cocoa 
• Rough Rice, Cotton

COT
** Due to festive season COT Data will be delay till 31 Dec 2014 (SG Time) 

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