Summary
Most commodities are trading slightly positive this week while the dollar index is weakening. May continue to watch and add some positions especially those that are UT counter.
Trade I am in are
- Cocoa Bulk Bean (UK) (Entry on 12 Feb)
- Cotton (Entry on 13 Feb)
I may consider to trade if there is a long signal on the following:
UT
- Corn
- Cotton
- Gold, Silver
- palladium
- Platinum
- Cocoa Bulk Bean (UK) (3)
- None
- Oats
- Wheat
- Orange Juice
- Sugar Raw
- Lumber
- Gasoline
COT
Instruments that show buying interest by Producer/Merchant/Processor/User
Down Trend
- Coffee Arabica
- Oats (1)
- Soybeans (1)
- Soybean Meal
- Wheat
- Orange Juice
- Feeder Cattle
- Rough Rice (1)
- Lumber (1)
- Natural Gas (1)
- Platinum (From UT to DT)
- Cocoa (From DT to Neutral)
- Sugar Raw (From DT to Neutral)
- Soybean Oil (From DT to Neutral)
- Palladium
- Corn
(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
No comments:
Post a Comment