Commodities Update - 20 Dec 14

BDI further accelerate down to 803 (19 Dec) from 863 (12 Dec) on seasonal trend.

Summary
Cocoa and some grains seem to be holding well, do on a look out for those that are on UT.

Trade I am in are

• Corn (Entry on 20 Nov & 18 Dec)
• Soybean Meal (Entry on 18 Dec)
• Wheat (Entry on 21 Nov)
• Cotton (Entry on 26 Nov)
• Lumber (Entry on 02, 11 Dec & 18 Dec)

   
Closed Trade

• Corn (Entry on 10 Dec, Closed on 16 Dec)
• Wheat (Entry on 11 Dec, took partial on 18 Dec)
• Wheat (Entry on 11 Dec, Closed on 19 Dec)
• Palladium (Entry on 26 Nov & 09 Dec, Closed on 15 Dec)

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

• UT
• Corn, Wheat, Soybean Meal
• Orange Juice
• Neutral
• Palladium
• DT
• Oats, Sugar Raw, US Cocoa
• Rough Rice, Cotton, LumberNatural Gas

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

Down Trend

• Oats
• Heating Oil
• Copper (1)
• Coffee Arabica
• Cotton
• Natural Gas (1)
• Lumber 
• Sugar Raw

Neutral

• Palladium

Up Trend

• Soybean Meal

Note
(1) COT Index > 90
(2) No COT data available

Down Trend and Up Trend is based on 50 Simple Moving Average 
** Due to festive season COT Data will be delay till 31 Dec 2014 (SG Time)