Commodities Update - 14 Jan 17

BDI lower to 910 (13 Jan) from 983 (05 Jan)
Harpex recovered to close at 316.39 (07 Jan) from 314.00 (31 Dec 2016)

Summary
Most commodities closed higher except Energy which closed lower.

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

• Cocoa

Neutral

• Rough Rice

Up Trend

• None

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

• Crude
• Copper
• Cotton

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