Commodities Update - 24 Jan 15

BDI move back lower to 720 (23 Jan) from 741 (16 Jan)

Summary
Most precious metals are on UT in daily chart while most agriculture and energy commodities remained weak.

Trade I am in are

• None in commodities

   
Closed Trade

• Natural Gas (Entry on 07 Jan, CL on 20 Jan)

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

• Corn, Wheat
• Orange Juice
• Gold, Silver
• palladium (Neutral to UT)
• Platinum (Neutral to UT)
• Cocoa Bulk Bean (UK) (Neutral to UT) (3)

Neutral

• Sugar Raw (DT to Neutral)

DT

• Oats
• Lumber

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

Down Trend

• Sugar Raw (from neutral to DT)
• Coffee Arabica
• Oats (1)
• Soybeans
• Soybean Meal
• Feeder Cattle
• Rough Rice (1)
• Lumber (1)
• Natural Gas (1)
• Gasoline
• Cotton (1)

Neutral

• Palladium

Up Trend

• Corn, Wheat
• Platinum

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

Down Trend

• Crude

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) No COT data available

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