Commodities Update - 18 Oct 14

BDI declined again this week to 944 (17 Oct) from 963 (10 Oct).

Summary
Most commodities remained weak this week but grains seem to have hit a bottom bottom
and trade higher, worth to take a look

Trade I am in are

•     None

Closed Trade

•     Coffee Arabica (Entry on 29 Sep, closed on 17 Oct)
•     Cotton (Entry on 10 Oct, SL triggered on 15 Oct)
•     Rough Rice (Entry on 13 Oct, Closed on 15 Oct with small losses)

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

•     Natural Gas (UT)
•     Rough Rice, Corn, Wheat, Soybean, Soybean Meal (DT, going small)
•     Palladium, Platinum (DT)

Those in DT will wait for 2ET

Commodities
Instruments that show buying interest by Producer/Merchant/Processor/User

Down Trend

• Cocoa (Neutral to DT)
• Soybeans (1)
• Soybean Meal
• Rough Rice (1)
• Heating Oil
• Copper
• Platinum
• Palladium
• Silver (1)
• Gold
• Copper

Neutral

• Orange Juice (1)
• Natural Gas (1) (UT to Neutral)
• Lumber (UT to Neutral)

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