Commodities Update - 28 Feb 15

BDI rebound to 540 (27 Feb) from a low at 513 (20 Feb).  BDI may have reached the bottom.

Summary
Most metals and grains commodities are trading positive this week  while some energy commodities are trading positive.

Trade I am in are

• Cocoa Bulk Bean (UK) (Entry on 27 Feb)

Closed Trade

• Cocoa Bulk Bean (UK) (Entry on 12, 17 Feb, took profit on 25 Feb)
• Cotton (Entry on 24 Feb, took profit on 27 Feb)

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

• Corn
• Cotton
• Platinum
• Cocoa Bulk Bean (UK) (3)
• Gasoline (From neutral to UT)

Neutral

• Gold, Silver, Palladium

DT

• Oats
• Wheat
• Orange Juice
• Sugar Raw
• Lumber

COT

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

Down Trend

• Coffee Arabica
• Oats (1)
• Wheat
• Orange Juice (1)
• Rough Rice (1)
• Lumber (1)
• Natural Gas (1)
• Platinum
• Sugar Raw (From Neutral to DT)

Neutral

• Silver (From UT to Neutral)
• Gold (From UT to Neutral)

Up Trend

• Corn
• Gasoline (From neutral to UT)

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