Saturday, April 25, 2015

FARM COMMODITY SETTLEMENTS-CME APR 24/2015 FRIDAY
Markets-price supply/demand during relative strength trading
Trends: in hi/lo channels, lower/lower highs, higher/higher lows
Trading: daily, move/momentum+activity+prevailing strength
Targets: projected price objectives of both moves and trend
CORN- 25 cent daily limit
Positions-net change: users-divested short/investors-invested short
Trends: prices/down+open interest/down+volume/high+supply/up
Trading: DOWN/ACCELERATED+SELLING+LOWER HIGH+TESTING SUPPORT@373+@LAST LOW  
TARGETS: 419-392-382-373-359-347                                  =BEARISH                               
SOYBEANS- 70 cent daily limit
Positions-net change: users-divested long/investors-divested short
Trends: PRICES/DOWN+OPEN INTEREST/DOWN+VOLUME/HIGH+SUPPLY/UNCHANGED
Trading:  DOWN/ACCELERATED+SELLING+FORMING LOWER HIGH+AT SUPPORT OF LAST LOW
Targets: 1087-1014-985-959-917-883                  =BEARISH
WHEAT- 35 cent daily limit
Positions-net change: users-divested short/investors-invested short
Trends: prices/down+open interest/down+vol/medium+supply/(=)
Trading: DOWN/ACCELERATED+SELLING+FROM LOWER HIGH+AT SUPPORT LEVEL OF 5 LAST LOWS
Targets: 677-606-598-558-553-511-478               =TEST OF BEARISH
CANADIAN DOLLAR- 4.00 dollar daily limit
POSITIONS-NET CHANGE: USERS-INVESTED SHORT/INVESTORS-INVESTED LONG
Trends: prices/down+open interest/flat+volume-moderate
Trading: UP/DECELERATED-OFFSET SELLING+BREAKTHROUGH AT TREND NOT CONFIRMED
Targets: 8931-8545-8391-8256-8030-7850           =TEST OF BEARISH  
HEATING OIL- 25 cent daily limit
Positions-net change: users-divested long/investors-divested short
Trends: prices/down+open interest/down+volume/low
Trading: UP/DECELERATED+NET BUYING+NOT A CLEAR BREAKTHROUGH OF LAST HIGH
Targets: 307-264-247-232-207-186-156                =TEST OF BEARISH

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