Commodities Update - 06 Sep 14

BDI up slightly higher to 1155 (05 Sep) from 1147 (29 Aug).

Commodities Update
Orange Juice, Feeder Cattle and Coffee closed higher this week
Most commodities was affected by stronger USD after ECB announced rate cut to 0.05%.  Advise to have short term or intraday trade.

Due to whipsaw on most commodities, I will have lesser trade and more on Forex and Indices
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)
• Palladium (UT)
• Wheat (DT)
• Soybean Meal (DT)
• Feeder Cattle (UT)

Those in DT will wait for 2ET

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)
• Heating Oil
• Gasoline
• Platinum
• Silver 
• Gold
• Copper

NeutralNone


Up Trend

• Feeder Cattle
• Palladium

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