Commodities Update - 21 Feb 15

BDI continue to move to another new low 513 (20 Feb) from to 530 (13 Feb).  Continue to monitor for sign of recovery after chinese new year.

Summary
Cocoa, Heating Oil, Gasoline and Natural Gas are trading higher this week. May continue to watch and add some positions especially those that are UT counter.

Trade I am in are

• Cocoa Bulk Bean (UK) (Entry on 12, 17 Feb)

Closed Trade

• Cotton (Entry on 13 Feb, took pprofit on 19 Feb)

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

• Corn
• Cotton
• Platinum
• Cocoa Bulk Bean (UK) (3)

Neutral

• Gold, Silver
• palladium

DT

• Oats
• Wheat
• Orange Juice
• Sugar Raw
• Lumber
• Gasoline

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

Down Trend

• Coffee Arabica
• Oats (1)
• Soybeans
• Soybean Meal
• Orange Juice
• Feeder Cattle
• Rough Rice (1)
• Lumber (1)
• Natural Gas (1)
• Platinum (From UT to DT)

Neutral

• Cocoa (From DT to Neutral)
• Sugar Raw (From DT to Neutral)
• Soybean Oil (From DT to Neutral)
• Silver (From UT to Neutral)
• Gold (From UT to Neutral)
• Palladium

Up Trend

• Corn

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

Down Trend

• Crude

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) No COT data available
Down Trend and Up Trend is based on 50 Simple Moving Average