Commodities Update - 13 Aug 16

BDI did a slight recovery from 636 (05 Aug) to 671 (12 Aug)
Harpex continue to create new recent low from 345.07 (30 Jul) to 342.17 (06 Aug)

Summary
Commodities closed mixed.  Metals, coffee and sugar closed lower.

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

• Wheat 
• Corn

Neutral

• Cocoa (1)

Up Trend 

• Natural Gas

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

• Silver
• Cotton

Neutral 

• None

Down Trend 

• Soybean Meal
• Heating Oil

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