Commodities Update - 15 Oct 16

BDI pull back below 900 mark to 892 (14 Oct) from 921 (07 Oct)
Harpex down again from 328.50 (01 Oct) to 326.01 (08 Oct)

Summary
Energy, soft commodities closed higher while metals continue to go lower.

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

• Cocoa (1)

Neutral

• Wheat

Up Trend

• Corn
• Rough Rice
• Natural Gas

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

• Sugar
• Soybean Oil
• Crude
• Heating Oil

Neutral

• None

Down Trend

• None

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