Sunday, December 6, 2015

Commodities Update - 05 Dec 15

BDI closed lower from 581 (27 Nov) to 563 (04 Dec)

Summary
Most commodities closed higher except Energy which go against to close lower.


COT
Instruments that show buying interest
(3) by Producer/Merchant/Processor/User
Down Trend

  • Wheat (1)
  • Soybean Meal (1)
  • Natural Gas
  • Gold
  • Silver
  • Copper
  • Palladium
  • Platinum (1)
Neutral
  • Coffee Arabica
Up Trend
  • Lumber

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

  • Raw Sugar
Neutral
  • None
Down Trend
  • Crude

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average






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