Saturday, February 28, 2015

FARM COMMODITY SETTLEMENTS-CME FEB27/2015 FRIDAY
Markets-price supply/demand during relative strength trading
Trends-trend-lines, join-lower highs=down, higher lows=up
Trading-movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit
Net positions: users-liquidated long/investors-accumulated long
Trends: prices-downward+open interest-down/less+supply-up/less
Trading: HIGHER/GAINING MOMENTUM+SHORT COVERING+SELLING@TREND AS RESISTANCE
PROJECTIONS: 419-392-382-373-359-347                                =BEARISH                               
SOYBEANS- 70 cent daily limit
Net positions: users-liquidated long/investors-accumulated long
Trends: PRICES-UPWARD-+OPEN INTEREST-DOWN+SUPPLY-PROJECTED/UP-LESS
Trading: higher/losing strength+net accumulation+resistance@1034
Projections: 955-999-1034-1060-1112-1165             =WEAK BULLISH
WHEAT- 35 cent daily limit
Net positions:users-covered short/investors-sold short
Trends: prices-downward+open interest-down+supply-projected/up
Trading: higher/GAINED STRENGTH+BUYING BOTH SIDES+SELLING@TREND AS RESISTANCE
Projections: 677-606-598-558-553-511-478              =BEARISH
CANADIAN DOLLAR- 4.00 dollar daily limit
NET POSITIONS: USERS-ACCUMULATED LONG/INVESTORS-SOLD SHORT
Trends: prices-upward+open interest-up/flat+volume-flat
Trading: LOWER-FLAT HIGH/LESS STRENGTH+BALANCED SELLING+BUYING@TREND AS SUPPORT
Projections: 7808-8090-8316-8485-8823-9161         =LESS BULLISH
HEATING OIL- 25 cent daily limit
Net positions: users-liquidated long/investors-covered short
Trends: prices-upward/less+open interest-down
Trading: HIGHER/GAINING MOMENTUM+LONG ACCUMULATION+BROKE PREVIOUS HIGH+TREND 
Projections: 159-187-214-232-269-305                    =BULLISH

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