Commodities Update - 19 Dec 15

BDI closed below 500 again at 477 (18 Dec) from 522 (11 Dec).  Declining is due to off-season.

Summary
Most commodities closed mixed this week

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

• Coffee Arabica
• Wheat
• Soybean Meal (1)
• Natural Gas
• Silver
• Copper (1)
• Palladium (1)
• Platinum

Neutral

• None

Up Trend

• Lumber

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

• Soybean Oil
• Raw Sugar

Neutral

• None

Down Trend

• 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