Commodities Update - 12 Mar 16

BDI continue to recover from 349 (04 Mar) to 388 (11 Mar)
Harpex lower this week from 365.78 (27 Feb) to 364.96 (05 Mar) 

Summary
Most commodities continue to trade higher except for metals.

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

• Oats
• Natural Gas (1)
• Cotton

Neutral

• Corn
• Wheat (1)
• Soybean Meal

Up Trend 

• Palladium

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

• Gold
• Silver

Neutral 

• Crude
• Gasoline

Down Trend 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(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