Commodities Update - 30 Aug 14

BDI continue to go higher to 114 (29 Aug) from 1088 (22 Aug).

Commodities Update
Orange Juice, Feeder Cattle, Coffee and Palladium spike up this week
Most grains commodities had little change for the week.  Advisable short term trade.

I may consider to trade if there is a long signal on the following:

• Cotton (DT),
• Natural Gas (DT),
• Corn (DT),
• Coffee (UT),
• Orange Juice (DT)
• Lumber (UT)
• Palladium (UT)
• Wheat (DT)
• Soybean Meal (DT)

Commodities

Instruments that show buying interest by Producer/Merchant/Processor/User
 
Down Trend

• Sugar
• Corn (2)
• Soybeans (1)
• Soybean Meal (2)
• Wheat
• Rough Rice (1)
• Orange Juice (1)(2)
• Cotton (1)(2)
• Crude
• Natural Gas (1)(2)
• Heating Oil
• Gasoline
• Platinum
• Silver

Neutral

• Gold

Up Trend
None

Note
(1) COT Index > 90
(2) Price may have hit bottom
Down Trend and Up Trend is based on 50 Simple Moving Average