COMMODITY SETTLEMENTS-CME NOV 28/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: price-up, open interest-down, volume-down, supply-up
Trading-flat/acceleration+buying+resistance@388 prevailing
Targets: 371-388-423-452 =LESS BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: PRICE-UP, OPEN INTEREST- FLAT, VOLUME-DOWN, SUPPLY-UP
Trading: down/acceleration+selling+lower high-@6th low@trend
Targets: 993-1023-1082-1142 =BEARISH SIGNAL
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: price-up, open interest-down, volume-flat, supply-up
Trading: up/acceleration+buying+steady following trend
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: price/down, open interest-up, volume-up
Trading: down/acceleration+selling+making 6th low reversed trend
Targets: 9076-9033-8965-8820-8678 =BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: price-down, open interest-down, volume-down
Trading: down/acceleration+selling+penetrated support@220
Targets: 272-263-249-220-190 =BEARISH
Big Pat's farm commodities analysis. Get the best and most current analysis of trends, trading, targets for corn, wheat, soybeans, heating oil, Canadian Dollar.
Friday, November 28, 2014
Wednesday, November 26, 2014
COMMODITY SETTLEMENTS-CME NOV 26/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: prices-up/flat, open interest-down, volume-same, supply-up
Trading-up/in narrow range+buying+working way out of consolidation
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: PRICES-UP, OPEN INTEREST-FLAT/DOWN, VOLUME-DOWN, SUPPLY-UP
Trading: flat/narrow range+offset buying+struggling to stay on trend
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: prices-up, open interest-down/flat, volume-up, supply-up
Trading: up/narrow range+buying+steady following trend
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: prices-up, open interest-down/flat, volume-up
Trading: up/medium range+buying+steady following trend
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: prices-down, open interest-down, volume-same
Trading: flat/narrow range+selling+pulling away from support
Targets: 272-263-249-220 =LESS BEARISH
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: prices-up/flat, open interest-down, volume-same, supply-up
Trading-up/in narrow range+buying+working way out of consolidation
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: PRICES-UP, OPEN INTEREST-FLAT/DOWN, VOLUME-DOWN, SUPPLY-UP
Trading: flat/narrow range+offset buying+struggling to stay on trend
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: prices-up, open interest-down/flat, volume-up, supply-up
Trading: up/narrow range+buying+steady following trend
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: prices-up, open interest-down/flat, volume-up
Trading: up/medium range+buying+steady following trend
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: prices-down, open interest-down, volume-same
Trading: flat/narrow range+selling+pulling away from support
Targets: 272-263-249-220 =LESS BEARISH
Tuesday, November 25, 2014
COMMODITY SETTLEMENTS-CME NOV 25/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: prices-up/flat, open interest-down, volume-same, supply-up
Trading-up/medium range+massive liquidation+resistance@388 valid
Targets: 371-388-423-452 =LESS BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: PRICES-UP, OPEN INTEREST-FLAT/DOWN, VOLUME-SAME, SUPPLY-UP
Trading: up/narrow range+buying+confirmed broke trend resistance
Targets: 993-1023-1082-1142 =BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: prices-up, open interest-down, volume-down, supply-up
Trading: up/medium range+buying+confirmed broke resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: prices-up, open interest-down, volume-up
Trading: down/medium range+buying+@support-broke resistance
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: prices-down, open interest-down, volume-same
Trading: down/narrow range+selling+@trend support
Targets: 272-263-249-220 =LESS BEARISH
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: prices-up/flat, open interest-down, volume-same, supply-up
Trading-up/medium range+massive liquidation+resistance@388 valid
Targets: 371-388-423-452 =LESS BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: PRICES-UP, OPEN INTEREST-FLAT/DOWN, VOLUME-SAME, SUPPLY-UP
Trading: up/narrow range+buying+confirmed broke trend resistance
Targets: 993-1023-1082-1142 =BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: prices-up, open interest-down, volume-down, supply-up
Trading: up/medium range+buying+confirmed broke resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: prices-up, open interest-down, volume-up
Trading: down/medium range+buying+@support-broke resistance
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: prices-down, open interest-down, volume-same
Trading: down/narrow range+selling+@trend support
Targets: 272-263-249-220 =LESS BEARISH
Monday, November 24, 2014
COMMODITY SETTLEMENTS-CME NOV 24/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: higher prices, lower open interest, lower volume, supply-up
Trading: lower/decelerated+up from new low, reversed@resistance
Targets: 371-388-423-452 =BEARISH SIGNAL
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: FLAT HIGHS AND LOWS, FLAT OPEN INTEREST-, LOWER VOLUME, SUPPLY-UP
Trading: lower/decelerated-selling+unable confirm up through 1023
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: flat/decelerated+selling+unable confirm up through 545
Targets: 545-571-622-673 =LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: higher lows, lower open interest, lower volume
Trading: flat/decelerated+selling+unable confirm up through trend
Targets: 8940-9015-9167-9319 =LESS BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: lower highs, higher open interest, lower volume
Trading: flat/decelerated+selling@trend resistance
Targets: 272-263-249-220 =BEARISH
COMMENTS WELCOME
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: higher prices, lower open interest, lower volume, supply-up
Trading: lower/decelerated+up from new low, reversed@resistance
Targets: 371-388-423-452 =BEARISH SIGNAL
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: FLAT HIGHS AND LOWS, FLAT OPEN INTEREST-, LOWER VOLUME, SUPPLY-UP
Trading: lower/decelerated-selling+unable confirm up through 1023
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: flat/decelerated+selling+unable confirm up through 545
Targets: 545-571-622-673 =LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: higher lows, lower open interest, lower volume
Trading: flat/decelerated+selling+unable confirm up through trend
Targets: 8940-9015-9167-9319 =LESS BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net commitments: users-sold long, funds-bought long
Trends: lower highs, higher open interest, lower volume
Trading: flat/decelerated+selling@trend resistance
Targets: 272-263-249-220 =BEARISH
COMMENTS WELCOME
Friday, November 21, 2014
COMMODITY SETTLEMENTS-CME NOV 21/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: higher lows, lower open interest, same volume, supply-up
Trading: higher/decelerated+offset+met resistance-low@trend
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: FLAT HIGHS AND LOWS, LOWER OPEN INTEREST-, HIGHER VOLUME, SUPPLY-UP
Trading: higher/accelerated-buying+closed above resistance@1023
Targets: 993-1023-1082-1142 =NEUTRAL
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: higher/decelerated+in offset+closed above resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: higher lows, lower open interest, higher volume
Trading: higher+accelerated+buying+higher low-resistance@8940
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-bought long
Trends: lower highs, higher open interest, higher volume
Trading: higher+accelerated+in offset+closed below resistance
Targets: 272-263-249-220 =LESS BEARISH
COMMENTS WELCOME
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short, funds-bought long
Trends: higher lows, lower open interest, same volume, supply-up
Trading: higher/decelerated+offset+met resistance-low@trend
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short, funds-sold long
Trends: FLAT HIGHS AND LOWS, LOWER OPEN INTEREST-, HIGHER VOLUME, SUPPLY-UP
Trading: higher/accelerated-buying+closed above resistance@1023
Targets: 993-1023-1082-1142 =NEUTRAL
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold short, funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: higher/decelerated+in offset+closed above resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-NOMINAL ACTIVITY, FUNDS-SHORT COVERED
Trends: higher lows, lower open interest, higher volume
Trading: higher+accelerated+buying+higher low-resistance@8940
Targets: 8940-9015-9167-9319 =BULLISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-bought long
Trends: lower highs, higher open interest, higher volume
Trading: higher+accelerated+in offset+closed below resistance
Targets: 272-263-249-220 =LESS BEARISH
COMMENTS WELCOME
Thursday, November 20, 2014
COMMODITY SETTLEMENTS-CME NOV 20/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: higher+accelerated+buying+@trend+@resistance@oldhigh
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: LOWER HIGHS, LOWER OPEN INTEREST-, LOWER VOLUME, SUPPLY-UP
Trading: flat/decelerated-buying-@convergence-resistance+support
Targets: 993-1023-1082-1142 =BEARISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: reversal-up+accelerated+buying+through resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-ACCUMULATED LONG, FUNDS-SOLD SHORT
Trends: lower highs, lower open interest, lower volume
Trading: up+accelerated+buying+@convergence-resistance+support
Targets: 9076-9033-8962-8820 =LESS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, flat volume
Trading: lower+decelerated+buying+oversold-@support@old low
Targets: 272-263-249-220 =LESS BEARISH
COMMENTS WELCOME
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: higher+accelerated+buying+@trend+@resistance@oldhigh
Targets: 371-388-423-452 =BULLISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: LOWER HIGHS, LOWER OPEN INTEREST-, LOWER VOLUME, SUPPLY-UP
Trading: flat/decelerated-buying-@convergence-resistance+support
Targets: 993-1023-1082-1142 =BEARISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: reversal-up+accelerated+buying+through resistance@545
Targets: 545-571-622-673 =BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET COMMITMENTS, USERS-ACCUMULATED LONG, FUNDS-SOLD SHORT
Trends: lower highs, lower open interest, lower volume
Trading: up+accelerated+buying+@convergence-resistance+support
Targets: 9076-9033-8962-8820 =LESS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, flat volume
Trading: lower+decelerated+buying+oversold-@support@old low
Targets: 272-263-249-220 =LESS BEARISH
COMMENTS WELCOME
Wednesday, November 19, 2014
COMMODITY SETTLEMENTS-CME NOV 19/2014
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: lower+accelerated+selling+new low=angle of trend revised.
Targets: 371-388-423-452 =BEARISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: lower/new+accelerated+selling+@support@original trend
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, lower open interest, higher volume, supply-up
Trading lower+accelerated+selling+new low-angle of trend revised
Targets: 545-571-622-673 =LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
Net commitments: users-accumulated long, funds: sold short
Trends: lower highs, lower open interest, lower volume
Trading: lower+accelerated+selling+lower high+@trend support
Targets: 8990-9015-9167-9319-9365 =BEARIISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, lower volume
Trading: lower+accelerated+selling+to support@previous low
Targets: 272-263-249-220 =BEARISH
COMMENTS WELCOME
Markets-price supply/demand during relative strength trading
Trends-major (long term)-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, lower open interest, higher volume, supply-up
Trading: lower+accelerated+selling+new low=angle of trend revised.
Targets: 371-388-423-452 =BEARISH
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: higher lows, lower open interest, lower volume, supply-up
Trading: lower/new+accelerated+selling+@support@original trend
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, lower open interest, higher volume, supply-up
Trading lower+accelerated+selling+new low-angle of trend revised
Targets: 545-571-622-673 =LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
Net commitments: users-accumulated long, funds: sold short
Trends: lower highs, lower open interest, lower volume
Trading: lower+accelerated+selling+lower high+@trend support
Targets: 8990-9015-9167-9319-9365 =BEARIISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, lower volume
Trading: lower+accelerated+selling+to support@previous low
Targets: 272-263-249-220 =BEARISH
COMMENTS WELCOME
Tuesday, November 18, 2014
COMMODITY SETTLEMENTS-CME NOV 18/2014
Markets-price supply/demand during relative strength trading
Trends-long term-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, higher open interest, lower volume, supply-up
Trading: range-down+narrow+below trend revising angle lower.
Targets: 371-388-423-452 =BEARISH SIGNAL
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: higher lows, higher open interest, lower volume, supply-up
Trading: up+narrow+from new low revising angle of trend lower
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, higher open interest, lower volume, supply-up
Trading range-down+narrow+new move+resistance+@support@545
Targets: 545-571-622-673 LESS FORCE-LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
Net commitments: users-accumulated long, funds: sold short
Trends: lower highs, lower open interest, lower volume
Trading: range-up+moderate+selling+lower high+resistance@trend
Targets: 8990-9015-9167-9319-9365 =LESS BULLiSH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, lower volume
Trading range-down+narrow,+selling+met resistance@242
Targets: 266-260-252-242 =BEARISH
COMMENTS WELCOME
Markets-price supply/demand during relative strength trading
Trends-long term-down-lower highs, up-higher lows
Trading-range movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit, futures @ premium mar/15 - july/16
Net commitments: users-sold short+sold long, funds-short covered
Trends: higher lows, higher open interest, lower volume, supply-up
Trading: range-down+narrow+below trend revising angle lower.
Targets: 371-388-423-452 =BEARISH SIGNAL
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net commitments: users-sold short funds-short covered
Trends: higher lows, higher open interest, lower volume, supply-up
Trading: up+narrow+from new low revising angle of trend lower
Targets: 993-1023-1082-1142 =LESS BULLISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net commitments: users sold long+covered short, funds-sold long
Trends: higher lows, higher open interest, lower volume, supply-up
Trading range-down+narrow+new move+resistance+@support@545
Targets: 545-571-622-673 LESS FORCE-LESS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
Net commitments: users-accumulated long, funds: sold short
Trends: lower highs, lower open interest, lower volume
Trading: range-up+moderate+selling+lower high+resistance@trend
Targets: 8990-9015-9167-9319-9365 =LESS BULLiSH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-apr/15
Net commitments: users-sold long, funds-accumulated long
Trends: lower highs, lower open interest, lower volume
Trading range-down+narrow,+selling+met resistance@242
Targets: 266-260-252-242 =BEARISH
COMMENTS WELCOME