Commodities Update - 05 Nov 16

BDI rebounded to 855 (04 Nov) from 798 (27 Oct)
Harpex continue to lower to 319.39 (29 Oct) from 322.70 (22 Oct)

Summary
Most commodities closed lower except metals.

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

• Cocoa
• Natural Gas
• Platinum
• Palladium

Neutral

• None

Up Trend

• Rough Rice

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

• Coffee
• Soybean Oil
• Cotton

Neutral

• Heating Oil

Down Trend

• None

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