Commodities Update - 22 Aug 15

BDI continue to pull back to 994 (21 Aug) from 1055 (14 Aug)

Summary
Most commodities except Gold and Platinum are trading lower despite US dollar is weakening

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Coffee Arabica
• Sugar (1)
• Oats (1)
• Gasoline
• Natural Gas
• Copper
• Gold
• Silver
• Palladium (1)

Neutral

• Lumber (1)

Up Trend

• None

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

• None

Neutral

• None

Down Trend

• Feeder Cattle
• Crude

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average