Commodities Update - 17 Jul 16

BDI closed higher at 745 (15 Jul) from 703 (08 Jul)
Harpex lower from 351.7 (02 Jul) to 348.80 (09 Jul)

Summary
Commodities closed mixed.

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

• Wheat

Neutral

• None

Up Trend 

• Palladium
• Natural Gas

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

• Coffee
• Sugar
• Soybean Meal
• Heating Oil
• 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