Commodities Update - 02 Apr 16

BDI closed higher from 406 (24 Mar) to 450 (01 Apr)
Harpex continue to lower from 364.13 (19 Mar)  to 363.30 (26 Mar) 

Summary
Most commodities closed lower except for grains closed higher

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

• Oats
• Rough Rice
• Natural Gas (1)
• Cotton
• Platinum

Neutral

• Wheat

Up Trend 

• Palladium (1)

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

• Sugar
• Soybean Oil
• Crude
• Gasoline
• Heating Oil
• Gold

Neutral 

• None

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