Commodities Update - 07 Jan 17

BDI closed at 983 (05 Jan 2017)
Harpex closed at 314.00 (31 Dec 2016) for the year 2016.

Summary
Coffee, Suage and metals closed higher.  Energy closed lower while grains are mixed.

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

• Cocoa
• Rough Rice

Neutral

• None

Up Trend

• None

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

• Crude
• 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
Down Trend and Up Trend is based on 50 Simple Moving Average