Commodities Update - 10 Sep 16

BDI broke 800 mark to close at 804 (09 Sep) from 720 (02 Sep)
Harpex slumped down to 331.40  (03 Sep) from 337.20 (27 Aug)

Summary
Most commodities closed higher.

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

• Cocoa
• Wheat (1)
• Corn
• Oats
• Rough Rice
• Copper
• Natural Gas

Neutral

• None

Up Trend 

• None

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

Up Trend 

• Coffee
• Soybean Oil
• Cotton
• Gold

Neutral 

• Silver

Down Trend 

• Heating Oil

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