Commodities Update - 19 Mar 16

BDI closed higher this week at 395 (18 Mar) from 388 (11 Mar)
Harpex remained at 364.95 (12 Mar) 

Summary
Most commodities closed higher due to USD weakening

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

• Oats
• Natural Gas (1)
• Cotton

Neutral

• Wheat
• Soybean Meal

Up Trend 

• Corn
• Palladium

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

• Crude
• Gasoline
• Heating Oil
• Gold
• Silver

Neutral 

• None

Down Trend 

• None

Note
(1) COT Index >= 90, Buying interest at extreme
(2) COT Index <= 10, Selling interest at extreme
(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