Commodities Update - 17 Sep 16

BDI closed at 800 (16 Sep) from 804 (09 Sep)
Harpex down further 330.99 (10 Sep) from 331.40

Summary
Commodities closed mixed.

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

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

Neutral

• None

Up Trend

• None

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

• Coffee
• Cotton

Neutral

• Heating Oil

Down Trend

• Silver

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