Sunday, March 15, 2015

Commodities Update - 14 Mar 15

BDI edge higher by 1 pt to 562 (13 Mar)

Summary
Most commodities continue to trade lower this week due to strenghtening of USD

Trade I am in are

  • Heating Oil (Entry on 09 Mar)

Closed Trade

  • Cocoa Bulk Bean (UK) (Entry on 27 Feb, breakeven on 09 Mar)
  • Gasoline (Entry on 12 Mar, SL triggered on 13 Mar)
  
I may consider to trade if there is a long signal on the following:
UT

  • Cocoa Bulk Bean (UK) (3)
  • Gasoline
Neutral
  • Feeder Cattle
  • Palladium
DT
  • Sugar Raw
  • Gold, Silver

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

Down Trend

  • Coffee Arabica (1)
  • Corn
  • Oats (1)
  • Wheat
  • Soybean Meal
  • Orange Juice (1)
  • Rough Rice (1)
  • Feeder Cattle
  • Lumber (1)
  • Natural Gas (1)
  • Platinum
  • Sugar Raw (1)
  • Silver (1) (From UT to DT)
  • Gold (1) (From UT to DT)
Neutral
  • None
Up Trend
  • Gasoline
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






 

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