Commodities Update - 25 Jun 16

BDI broke below 600 and recovered to 609 (24 Jun)
Harpex lower from 355.84 (04 Jun) to 352.53 (18 Jun)

Summary
Metals closed higher, grains closed lower while the rest are  mixed

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

• Copper

Neutral

• Palladium (1)
• Platinum

Up Trend 

• Cocoa
• Natural Gas

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

• Sugar
• Corn
• Soybeans
• Soybean Meal
• Heating Oil

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