Friday, November 17, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER18/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING PROJECTED STOCKS UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY. OPEN INTEREST: UP WEEKLY. PRICE RANGE: (325-405)           
TRADING: UP ON TREND. @343 RESISTANCE. ROLLING CZ EXPIRY TO CF O/INTEREST DOWN   

TARGETS: (325 (334-343)-347), COMMITMENTS: COMMERCIALS. NET LONG INCREASED
NOTE: VOLUME: AT HIGHS OF LAST 3 YEARS. OPEN INTEREST: HIGHEST IN LAST 3 YEARS. 

SOYBEANS (JAN/18):
 $0.70/BU, WORLD ENDING PROJECTED STOCKS UP 1.85/MMT
TRENDS: PRICE: UP/REVISED. OPEN INTEREST UP WEEKLY, PRICE RANGE: (844-1196) YEARLY
TRADING: MOVE UP, @NEW TREND/989 AS RESISTANCE. BUYING. OPEN INTEREST DOWN
TARGETS: (931 (960-975-989) 1004), COMMITMENTS: COMMERCIALS. NET SHORT DECREASED


WHEAT (DEC/17): $0.45/BU, WORLD ENDING PROJECTED STOCKS DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN/LESS WEEKLY. OPEN INTEREST: UP WEEKLY. RANGE: (387-575) YEARLY            
TRADING: MOVE UP. ON TREND. @426 AS RESISTANCE. BUYING. OPEN INTEREST-FLAT     
TARGETS: (407 (416-426) 436 446
), COMMITMENTS: COMMERCIALS. NET LONG DECREASED

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: DOWN. ON TREND, 7840 AS RESISTANCE, MIXED ACCELERATED OPEN INTEREST-UP
TARGETS: (7749 (7800-7840) 7931) COMMITMENTS: COMMERCIALS. NET SHORT DECREASED

Thursday, November 16, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER16/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING PROJECTED STOCKS UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY. OPEN INTEREST: UP WEEKLY. PRICE RANGE: (325-405)           
TRADING: DOWN, BELOW/CLOSER TO TREND. FLAT MOMENTUM (OPEN INTEREST UP/LESS))   

TARGETS: (325 (334-343)-347), COMMITMENTS: COMMERCIALS. NET LESS LONG  

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING PROJECTED STOCKS UP 1.85/MMT
TRENDS: PRICE: UP/YEARLY. OPEN INTEREST UP WEEKLY, PRICE RANGE: (844-1196) YEARLY
TRADING: UP, AWAY FROM TREND, RESISTANCE@975, DECELERATING, (OPEN INTEREST-FLAT)
TARGETS: (931 (960-975) 989 1004), COMMITMENTS: COMMERCIALS. NET STEADY SHORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING PROJECTED STOCKS DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN/LESS WEEKLY. OPEN INTEREST: UP WEEKLY. RANGE: (387-575) YEARLY            
TRADING: FLAT, CLOSER TO TREND, SUPPORT@LAST LOW/416, (OPEN INTEREST-DOWN)     
TARGETS: (407 (416-426) 436 446
), COMMITMENTS: COMMERCIALS. NET MORE LONG 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: DOWN. ON TREND, SUPPORT@7840, DECELERATED (OPEN INTEREST-DOWN)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: COMMERCIALS. NET LESS SHORT

Wednesday, November 15, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER15/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING STOCKS 17/18 203.86/MMT UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY. OPEN INTEREST: UP WEEKLY. PRICE RANGE: (325-405)           
TRADING: FLAT. BELOW RESISTANCE@TREND/343. OFFSET/NARROW RANGE (OPEN INTEREST UP)   

TARGETS: (325 (334-343)-347), COMMITMENTS: COMMERCIALS. NET LESS LONG  

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING STOCKS 17/18 97.90/MMT UP 1.85/MMT
TRENDS: PRICE: UP/YEARLY. OPEN INTEREST UP WEEKLY, PRICE RANGE: (844-1196) YEARLY
TRADING: FLAT. UPSIDE TREND. TESTED/CLOSED ABOVE 975. BUYING. (OPEN INTEREST-FLAT)
TARGETS: (931 (960-975) 989 1004), COMMITMENTS: COMMERCIALS. NET STEADY SHORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING STOCKS 17/18 267.53/MMT DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN/LESS WEEKLY. OPEN INTEREST: UP WEEKLY. RANGE: (387-575) YEARLY            
TRADING: DOWN, ON TREND, TESTED/CLOSED BELOW 426, SELLING (OPEN INTEREST-DOWN)     
TARGETS: (407 416 (426-436) 446
), COMMITMENTS: COMMERCIALS. NET MORE LONG 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: DOWN. ON TREND.TESTED/CLOSED BELOW 7840, SELLING (OPEN INTEREST-DOWN)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: COMMERCIALS. NET LESS SHORT

Tuesday, November 14, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER14/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING STOCKS 17/18 203.86/MMT UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY. OPEN INTEREST: UP WEEKLY. PRICE RANGE: (325-405)           
TRADING: MOVE DOWN. BELOW TREND. CLOSED BELOW 343. BREAKOUT. (OPEN INTEREST UP)   

TARGETS: (325 (334-343)-347), COMMITMENTS: COMMERCIALS. NET LESS LONG  

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING STOCKS 17/18 97.90/MMT UP 1.85/MMT
TRENDS: PRICE: UP/YEARLY. OPEN INTEREST UP WEEKLY, PRICE RANGE: (844-1196) YEARLY
TRADING: MOVE DOWN. ON NEW TREND. TESTED/CLOSED BELOW 975. (OPEN INTEREST-FLAT)
TARGETS: (931 (960-975) 989 1004), COMMITMENTS: COMMERCIALS. NET STEADY SHORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING STOCKS 17/18 267.53/MMT DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN/LESS WEEKLY. OPEN INTEREST: UP WEEKLY. RANGE: (387-575) YEARLY            
TRADING: FLAT DAY. M0VE DOWN, ON TREND, TESTED/CLOSED ABOVE 426, (OPEN INTEREST-UP)     
TARGETS: (407 416 (426-436) 446
), COMMITMENTS: COMMERCIALS. NET MORE LONG 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: MOVE DOWN. SELLING@TREND, BUYING@7840, CONVERGING (OPEN INTEREST-DOWN)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: COMMERCIALS. NET LESS SHORT

Monday, November 13, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER13/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING STOCKS 17/18 203.86/MMT UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY, OPEN INTEREST: UP WEEKLY, PRICE RANGE: (325-405)           
TRADING: FLAT MOVE, BELOW TREND, @343 LOW, POTENTIAL BOTTOM, (OPEN INTEREST UP)   

TARGETS: (325 334 (343-347) 361), COMMITMENTS: NO UPDATED REPORT  

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING STOCKS 17/18 97.90/MMT UP 1.85/MMT
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST UP MONTHLY, PRICE RANGE: (844-1196) YEARLY
TRADING: MOVE DOWN, DOWNSIDE TREND, SUPPORT@975, SELLING, (OPEN INTEREST-FLAT)
TARGETS: (960 (975-989) 1004), COMMITMENTS: NO UPDATED REPORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING STOCKS 17/18 267.53/MMT DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN WEEKLY OPEN INTEREST: UP WEEKLY, RANGE: (387-575) YEARLY            
TRADING: DOWN, M0VE UP, ABOVE TREND, TESTED SUPPORT@426, (OPEN INTEREST-UP)     
TARGETS: (407 (416-426-436) 446
), COMMITMENTS: NO UPDATED REPORT 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: DOWN DAY, DOWNSIDE TREND, UPSIDE 7840, LOWER HIGH, (OPEN INTEREST-UP)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: NO UPDATED REPORT 

Friday, November 10, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER10/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING STOCKS 17/18 203.86/MMT UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY, OPEN INTEREST: UP WEEKLY, PRICE RANGE: (325-405)           
TRADING: FLAT, ROLLING CZ TO CH, BELOW TREND, @343/LOW, (OPEN INTEREST UP)   

TARGETS: (325 334 (343-347) 361), COMMITMENTS: NO UPDATED REPORT  

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING STOCKS 17/18 97.90/MMT UP 1.85/MMT
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST UP MONTHLY, PRICE RANGE: (844-1196) YEARLY
TRADING: FLAT, MOVE DOWN, UPSIDE TREND, CLOSED@989, MIXED, (OPEN INTEREST-UP)
TARGETS: (960-989-1004) 1018), COMMITMENTS: NO UPDATED REPORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING STOCKS 17/18 267.53/MMT DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN WEEKLY OPEN INTEREST: UP WEEKLY, RANGE: (387-575) YEARLY            
TRADING: UP IN MOVE UP, ABOVE TREND, CLOSED ABOVE 426, MIXED, (OPEN INTEREST-DOWN)     
TARGETS: (407 416 (426-436) 446
), COMMITMENTS: NO UPDATED REPORT 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: FLAT, MOVE UP, DOWNSIDE TREND, ABOVE 7840, MIXED, (OPEN INTEREST-UP)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: NO UPDATED REPORT 

Thursday, November 09, 2017


FARM COMMODITIES-TREND ANALYSIS-NOVEMBER 9/2017
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: POSITION OF PRICE RANGE, RELATION TO TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (DEC/17):
 $0.25/BU, WORLD ENDING STOCKS 17/18 203.86/MMT UP 2.90/MMT            
TRENDS: PRICE: DOWN MONTHLY, OPEN INTEREST: UP WEEKLY, PRICE RANGE: (325-405)           
TRADING: DOWN, FLAT MOVE, DOWNSIDE TREND, MET 343/BOTTOM, (OPEN INTEREST UP)   

TARGETS: (325 334 (343-347) 361), COMMITMENTS: COMMERCIALS: MORE NET LONG 

SOYBEANS (JAN/17):
 $0.70/BU, WORLD ENDING STOCKS 17/18 97.90/MMT UP 1.85/MMT
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST UP MONTHLY, PRICE RANGE: (844-1196) YEARLY
TRADING: REVERSAL MOVE DOWN, UPSIDE TREND, CLOSED BELOW 989, (OPEN INTEREST-UP)
TARGETS: (960-989-1004) 1018), COMMITMENTS: COMMERCIALS: MORE NET SHORT 


WHEAT (DEC/17): $0.45/BU, WORLD ENDING STOCKS 17/18 267.53/MMT DOWN 0.8O/MMT          

TRENDS: PRICE: DOWN WEEKLY OPEN INTEREST: UP WEEKLY, RANGE: (387-575) YEARLY            
TRADING: UP IN MOVE DOWN, ABOVE TREND, CLOSED ABOVE 426 (OPEN INTEREST-DOWN)     
TARGETS: (407 416 (426-436) 446
), COMMITMENTS: COMMERCIALS: MORE NET LONG 

DOLLAR CAD/USD:
 (DEC/17)  4.00 DAILY LIIMIT

TRENDS: PRICE: DOWN/WEEKLY, OPEN INTEREST: DOWN WEEKLY, PRICE RANGE: (6810-8295)    
TRADING: UP, MOVE UP, DOWNSIDE TREND, ABOVE 7840, (OPEN INTEREST-UP)
TARGETS: (7749 7800 (7840-7931) COMMITMENTS: COMMERCIALS: LESS NET SHORT 
Google+