Monday, May 22, 2017


FARM COMMODITY/TREND ANALYSIS/ MAY 22/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: A LINE DOWN, JOINS LOWER HIGHS, UP, JOINS HIGHER LOWS 
TRADING: DIRECTION, ACTIVITY, RELATIVE STRENGTH OF TREND, TARGETS
 
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES, RESISTANCE, SUPPORT 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/LOWER,                
TREND: MONTHLY/UP,  MONTHLY RANGE/(325-388), OPEN INTEREST/DOWN                
TRADING: HIGHER, BUYING, CLOSED UP ON
 TOP OF CONVERGENCE, BELOW 379     
TARGETS: (352 363 370 379 388), RELATIVE STRENGTH OF COMMITMENTS/FLAT,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/LOWER,
TREND: MONTHLY/DOWN, MONTHLY RANGE/(1186-927), OPEN INTEREST/UP  
TRADING: HIGHER, NET BUYING, UPSIDE TREND, MET RESISTANCE @ 962  

TARGETS:: (1014 996 979 962 945), RELATIVE STRENGTH OF COMMITMENTS/FLAT

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY/UP, MONTHLY RANGE/(390-479), OPEN INTEREST/UP             
TRADING: HIGHER, NET SELLING, ABOVE TREND, TESTED RESISTANCE @ 439                           
TARGETS: (420 429 439 449 459
), RELATIVE STRENGTH OF COMMITMENTS/UP

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                     
TREND: MONTHLY/DOWN, MONTHLY RANGE/(7836-7305)  OPEN INTEREST/FLAT     
TRADING: HIGHER, QUIET, OFFSET BUYING, CLOSED ABOVE TREND/7393                            
TARGETS: (7659 7570 7482 7393 7305)  RELATIVE STRENGTH OF COMMITMENTS/UP     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT, TRADED BELOW REVISED TREND                     
TREND: MONTHLY/DOWN, MONTHLY/ RANGE/(184 137) OPEN INTEREST/DOWN, 

TRADING: HUGHER, QUIET, BUYING, ABOVE TREND, TESTED/CLOSED ABOVE 160  
TARGETS: (184 172 160 149 137)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Thursday, May 18, 2017


FARM COMMODITY/TREND ANALYSIS/ MAY 18/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: A LINE DOWN JOINS LOWER HIGHS, UP, JOINS HIGHER LOWS 
TRADING: DIRECTION, ACTIVITY, RELATIVE STRENGTH OF TREND, TARGETS
 
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES, RESISTANCE, SUPPORT 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/DOWN             RANGE (351-385)   
TRADING: HIGHER, BUYING, CONVERGING TRENDS, MET RESISTANCE @ TOP/972     

TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/DOWN    RANGE (987-943)
TRADING: LOWER, COLLAPSED, MET 943 AS SUPPORT, TESTED/CLOSED BELOW TREND 

TARGETS: DOWN, (978 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP              RANGE (422-457)
TRADING: FLAT, NET SELLING, CONTINUED SUPPORT @ 422, CLOSED @ TREND                           
TARGETS: UP, (422 434 443 457)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.       UPSIDE TREND/7332                              
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT      RANGE (7717-7260)-
TRADING: LOWER, NET SELLING, TOPPY @ 7362, SUPPORT @ TREND,                          
TARGETS: (7433 7362 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT, TRADED BELOW REVISED TREND                     
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)

TRADING: HUGHER, NET BUYING, TESTED/CLOSED ABOVE 153 AS RESISTANCE  
TARGETS: DOWN, (161 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Wednesday, May 17, 2017


FARM COMMODITY/TREND ANALYSIS/ MAY 17/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED)
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP             RANGE (351-385)   
TRADING: HIGHER, BUYING, CONVERGING TRENDS, MET RESISTANCE @ TOP/972     

TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/UP    RANGE (987-943)
TRADING: HIGHER, OFFSET SELLING, NO BREAKOUT UP, NO HIGHER CLOSE 

TARGETS: DOWN, (978 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP              RANGE (422-457)
TRADING: LOWER, OFFSET BUYING, CONTINUED SUPPORT @ 422/TREND                           
TARGETS: UP, (422 434 443 457 480)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.       UPSIDE TREND/7332                              
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT      RANGE (7717-7260)-
TRADING: FLAT, BUYING, UPSIDE TREND, NEW LEG UP, MEETING 7362/RESISTANCE                         
TARGETS: (7433 7362 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)

TRADING: FLAT, BUYING, MET 153/RESISTANCE, ABOVE TREND,  POSSIBLE TOP  
TARGETS: DOWN, (164 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Tuesday, May 16, 2017


FARM COMMODITY/TREND ANALYSIS/TUESDAY MAY 16/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED)
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/.FLAT             RANGE (351-385)   
TRADING: LOWER, MATCHED, JUST ABOVE TESTING SUPPORT @ TREND/360,     

TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/HIGHER    RANGE (987-943)
TRADING: HIGHER, BUYING, TESTED/CLOSED ABOVE RESISTANCE @ 968/TREND 

TARGETS: DOWN, (987 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/FLAT              RANGE (422-457)
TRADING: LOWER, OFFSET BUYING, TREND/RESISTANCE, 422/SUPPORT                           
TARGETS: UP, (422 434 443 457 480)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.       UPSIDE TREND/7332                              
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT      RANGE (7717-7260)-
TRADING: BUYING, 2ND CONSECUTIVE HIGHER CLOSE ABOVE DRIFT, BREAKOUT                        
TARGETS: (7433 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP++     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)
TRADING: HIGHER, OFFSET SELLING, ABOVE TREND, 153/RESISTANCE,    

TARGETS: DOWN, (164 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Monday, May 15, 2017


FARM COMMODITY TREND ANALYSIS MAY 15/2017 MONDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED)
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/HIGHER,       RANGE (351-385)   
TRADING: LOWER, SELLING, MID WAY INSIDE CONVERGING LINES, DOWNSIDE 372,     

TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT, RANGE (987-943)
TRADING: HIGHER, OFFSET SELLING, RESISTANCE CONTINUES TO PREVAIL @ 968

TARGETS: DOWN, (987 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/LOWER            RANGE (422-457)
TRADING: LOWER, SELLING, SUPPORT CONTINUES ON TREND, AND @ 422                           
TARGETS: UP, (422 434 443 457 480)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                     
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT    RANGE (7717-7260)-
TRADING: HIGHER, NET BUYING, TESTED/CLOSED ABOVE DRIFT/TREND                       
TARGETS: (7433 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP++     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)
TRADING: HIGHER, OFFSET SELLING, MET RESISTANCE @/CLOSED BELOW 153   

TARGETS: DOWN, (164 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Friday, May 12, 2017


FARM COMMODITY TREND ANALYSIS MAY 12/2017 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED)
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP,       RANGE (351-385)   
TRADING: HIGHER LOWS UP PROJECT TEST TOP OF CONVERGENCE@372     

TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT, RANGE (987-943)
TRADING: LOWER HIGHS, SPIKE AT TOP/987, PROJECTS LEVELS AS SUPPORT

TARGETS: DOWN, (987 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/FLAT            RANGE (422-457)
TRADING: HIGHER LOW, ABOVE 422, PROJECTS LEVELS AS RESISTANCE                          
TARGETS: UP, (422 434 443 457 480)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                     
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT    RANGE (7717-7260)-
TRADING: DRIFTING DOWN, SUPPORT HOLDING @7298, DESERVES WATCHING                      
TARGETS: (7433 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP++     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)
TRADING: HIGHER LOWS, SPIKE @ BOTTOM/141, PROJECT LEVELS AS RESISTANCE  

TARGETS: DOWN, (164 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,

Thursday, May 11, 2017


FARM COMMODITY TREND ANALYSIS MAY 11/2017 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED)
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/FLAT,       RANGE (351-385)   
TRADING: FLAT/LEG UP, ABOVE TREND, SELLING, RESISTANCE @ 372 PREVAILING  

TARGETS: UP, (351 360 372 377 385), COMMITMENTS, STRENGTH REDUCED 

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT, RANGE (987-943)
TRADING: DOWN/TOPPY, ABOVE TREND, SELLING, RESISTANCE @ 972 PREVAILING

TARGETS: DOWN, (987 968 954 943)  COMMITMENTS, STRENGTH REDUCED

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP            RANGE (422-457)
TRADING: FLAT/INSIDE DAY, ABOVE TREND, BUYING, RESISTANCE @ 434 PREVAILS                         
TARGETS: UP, (422 434 443 457 480)  COMMITMENTS, STRENGTH REDUCED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                     
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/UP,    RANGE (7717-7260)-
TRADING: DOWN/DRIFT, NET SELLING, BELOW TREND, SUPPORT @ 7298 PREVAILS                   
TARGETS: (7416 7332 7298 7260)  COMMITMENTS, STRENGTH INCREASED     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/FLAT, RANGE (164-141)
TRADING: UP/LEG UP, BUYING, TESTING RESISTANCE @ TREND/BELOW 153  

TARGETS: DOWN, (164 153 146 141)  COMMITMENTS, STRENGTH REDUCED
Google+