Sunday, August 2, 2015

Commodities Update - 31 Jul 15

BDI closed at 1131 (31 Jul) from 1086 (24 Jul)

Summary
Grains closed mixed while Energy and metals closed lower.

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

  • Coffee Arabica (1)
  • Sugar
  • Oats (1)
  • Gasoline
  • Copper
  • Gold
  • Silver (1)
  • Palladium (1)
  • Platinum
Neutral
  • Lumber
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
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






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