FARM COMMODITY SETTLEMENTS-CME MAY 29/2015 FRIDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit mid channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, SUPPLY-DOWN
TRADING: UP, ACCELERATED, TRADE-OFF, PENETRATED TREND AS RESISTANCE MID CHANNEL
Targets: 419-392-385-373-359-347 net commitments: little change
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit less oversold
Trends: price, down, open interest-up, volume-high, supply-up
TRADING: UP, ACCELERATED, NET BUYING, FALSE BREAK-OUT BELOW ORIGINAL CHANNEL
Targets: 1087-1014-985-959-917-883 net commitments: offset change
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit no channel
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET SELLING, MOVE THROUGH BOTTOM CONFIRMED
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-divested short, funds-divested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@top of new channel
Trends: price-down/steep-narrow, open interest-up, volume-high
Trading: up, accelerated, trade-off@top of channel as resistance
Targets: 8931-8545-8391-8256-8030-7850 net coms: trade-off
Commitments-net change: users divested short, funds invested short
HEATING OIL (ULSD): 25 cent daily limit @bottom of wide channel
Trends: price-up/less so, open interest-down, volume-high
Trading: up, accelerated, buying-3rd revised trend up=major support
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: users divested short, funds invested long
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.
Sunday, May 31, 2015
Wednesday, May 27, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 27/2015 WEDNESDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in lower narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, SUPPLY-DOWN
TRADING: DOWN, DECELERATED, SELLING, TOWARD 347 LOW OF CURRENT MOVE AS SUPPORT
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit top of very narrow channel
Trends: price, down, open interest-up, volume-moderate, supply-up
TRADING: FLAT, DECELERATED, NET BUYING, SIGN OF MAKING NEW LOW+@TOP AS RESISTANCE
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit mid moderate channel
Trends: price-up, open interest-up, volume-high, supply-up
TRADING: UP, DECELERATED, NET SELLING, SIGN OF MAKING LOWER HIGH
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@top of new channel
Trends: price-down/steep, open interest-up, volume-moderate
Trading: down, decelerated, net selling, away from top resistance
Targets: 8931-8545-8391-8256-8030-7850 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom of wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decelerated, selling-revising trend+support@187
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in lower narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, SUPPLY-DOWN
TRADING: DOWN, DECELERATED, SELLING, TOWARD 347 LOW OF CURRENT MOVE AS SUPPORT
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit top of very narrow channel
Trends: price, down, open interest-up, volume-moderate, supply-up
TRADING: FLAT, DECELERATED, NET BUYING, SIGN OF MAKING NEW LOW+@TOP AS RESISTANCE
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit mid moderate channel
Trends: price-up, open interest-up, volume-high, supply-up
TRADING: UP, DECELERATED, NET SELLING, SIGN OF MAKING LOWER HIGH
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@top of new channel
Trends: price-down/steep, open interest-up, volume-moderate
Trading: down, decelerated, net selling, away from top resistance
Targets: 8931-8545-8391-8256-8030-7850 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom of wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decelerated, selling-revising trend+support@187
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Tuesday, May 26, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 26/2015 TUESDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in upper narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, SUPPLY-DOWN
TRADING: DOWN, ACCELERATED, NET SELLING, FOLLOWING TREND MID CHANNEL AS SUPPORT
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit mid very narrow channel
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET OFFSET, NEW CHANNEL 2ND REVISED DOWN-MORE STEEP
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit in lower moderate channel
Trends: price-up, open interest-flat, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, SELLING, CLOSED NEAR BOTTOM OF CHANNEL AS SUPPORT
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@top of new channel
Trends: price-down/steep, open interest-up, volume-moderate
Trading: down, accelerated, selling, new channe@top as resistance
Targets: 8931-8545-8391-8256-8030-7850 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom in wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, accelerated, net selling-serious penetration of bottom
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in upper narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, SUPPLY-DOWN
TRADING: DOWN, ACCELERATED, NET SELLING, FOLLOWING TREND MID CHANNEL AS SUPPORT
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit mid very narrow channel
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET OFFSET, NEW CHANNEL 2ND REVISED DOWN-MORE STEEP
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit in lower moderate channel
Trends: price-up, open interest-flat, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, SELLING, CLOSED NEAR BOTTOM OF CHANNEL AS SUPPORT
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@top of new channel
Trends: price-down/steep, open interest-up, volume-moderate
Trading: down, accelerated, selling, new channe@top as resistance
Targets: 8931-8545-8391-8256-8030-7850 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom in wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, accelerated, net selling-serious penetration of bottom
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Sunday, May 24, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 22/2015 FRIDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in upper narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, SUPPLY-DOWN
TRADING: FLAT, FLAT, SHORT SELLING, SUPPORT-359+OPEN INTEREST-NEW HIGH
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit in lower narrow channel
Trends: price-down/more, open intrest-up, vol-moderate, supply-up
TRADING: DOWN, ACCELERATED, SHORT SELLING, PENETRATED BOTTOM OF CHANNEL
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit in upper moderate channel
Trends: price-up, open interest-flat, volume-moderate, supply-up
TRADING: FLAT, FLAT, NET SELLING, FLAT@511 AS SUPPORT
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@bottom in channel
Trends: price-up, open interest-up, volume-moderate
Trading: down, accelerated, selling, support@bottom penetrated
Targets: 7781-8048-8250-8365-8406 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom in wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: flat, decelerated, selling, support@bottom of new trend
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit in upper narrow channel
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, SUPPLY-DOWN
TRADING: FLAT, FLAT, SHORT SELLING, SUPPORT-359+OPEN INTEREST-NEW HIGH
Targets: 419-392-385-373-359-347 net coms: hedging prevailed
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit in lower narrow channel
Trends: price-down/more, open intrest-up, vol-moderate, supply-up
TRADING: DOWN, ACCELERATED, SHORT SELLING, PENETRATED BOTTOM OF CHANNEL
Targets: 1087-1014-985-959-917-883 net coms: pricing prevailed
Commitments-net change: users-divested short, funds-invested short
WHEAT: 40 cent daily limit in upper moderate channel
Trends: price-up, open interest-flat, volume-moderate, supply-up
TRADING: FLAT, FLAT, NET SELLING, FLAT@511 AS SUPPORT
Targets: 677-606-598-558-553-511-478 net coms: trade-off
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit-@bottom in channel
Trends: price-up, open interest-up, volume-moderate
Trading: down, accelerated, selling, support@bottom penetrated
Targets: 7781-8048-8250-8365-8406 net coms: trade-off
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit @bottom in wide channel
Trends: price-up/less so, open interest-down, volume-moderate
Trading: flat, decelerated, selling, support@bottom of new trend
Targets: 159-187-214-232-269-306 net coms: trade-off
Commitments:-net change: others-divested long, funds-divested short
Thursday, May 21, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 21/2015 THURSDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-FLAT, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: UP, ACCELERATED, NET BUYING, APPEARS DUE TO SHORT LIVED SHORT COVERING
Targets: 419-392-385-373-359-347 upper narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET SHORT SELLING, SUPPORT@CHANNEL LOW TESTED
Targets: 1087-1014-985-959-917-883 lower narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: UP, ACCELERATED, NET BUYING, THROUGH 511 TOWARD CHANNEL TOP
Targets: 677-606-598-558-553-511-478 upper moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up, open interest-down, volume-low
Trading: flat, decelerated, offset buying, support@low penetrated
Targets: 7781-8048-8250-8365-8406 lower wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-up, volume-moderate
Trading: up, accelerated, buying, from low of new revised trend
Targets: 159-187-214-232-269-306 lower wide channel
Commitments:-net change: others-invested long, funds-invested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-FLAT, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: UP, ACCELERATED, NET BUYING, APPEARS DUE TO SHORT LIVED SHORT COVERING
Targets: 419-392-385-373-359-347 upper narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET SHORT SELLING, SUPPORT@CHANNEL LOW TESTED
Targets: 1087-1014-985-959-917-883 lower narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: UP, ACCELERATED, NET BUYING, THROUGH 511 TOWARD CHANNEL TOP
Targets: 677-606-598-558-553-511-478 upper moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up, open interest-down, volume-low
Trading: flat, decelerated, offset buying, support@low penetrated
Targets: 7781-8048-8250-8365-8406 lower wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-up, volume-moderate
Trading: up, accelerated, buying, from low of new revised trend
Targets: 159-187-214-232-269-306 lower wide channel
Commitments:-net change: others-invested long, funds-invested short
Wednesday, May 20, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 20/2015 WEDNESDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: DOWN, DECELERATING, SELLING, SUPPORT@359
Targets: 419-392-385-373-359-347 mid narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-flat, volume-moderate, supply-up
TRADING: DOWN, DECELERATED, SELLING, SUPPORT@CHANNEL LOW
Targets: 1087-1014-985-959-917-883 low in narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: DOWN, DECELERATED, BUYING, HANGING ON TO SUPPORT-CLOSED ABOVE 511
Targets: 677-606-598-558-553-511-478 mid moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up, open interest-down, volume-moderate
Trading: flat, decelerated, net buying, support@low penetrated
Targets: 7781-8048-8250-8365-8406 high in wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decelerated, net buying, support@previous low
Targets: 159-187-214-232-269-306 correction of narrow channel
Commitments:-net change: others-invested long, funds-invested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: DOWN, DECELERATING, SELLING, SUPPORT@359
Targets: 419-392-385-373-359-347 mid narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-flat, volume-moderate, supply-up
TRADING: DOWN, DECELERATED, SELLING, SUPPORT@CHANNEL LOW
Targets: 1087-1014-985-959-917-883 low in narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: DOWN, DECELERATED, BUYING, HANGING ON TO SUPPORT-CLOSED ABOVE 511
Targets: 677-606-598-558-553-511-478 mid moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up, open interest-down, volume-moderate
Trading: flat, decelerated, net buying, support@low penetrated
Targets: 7781-8048-8250-8365-8406 high in wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decelerated, net buying, support@previous low
Targets: 159-187-214-232-269-306 correction of narrow channel
Commitments:-net change: others-invested long, funds-invested short
Tuesday, May 19, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 19/2015 TUESDAY
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, PROJECTED SUPPLY-DOWN
TRADING: DOWN, INCREASING, SELLING, CORRECTION FROM LOWER HIGH TO SUPPORT@359
Targets: 419-392-385-373-359-347 mid narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, INCREASED, NET SELLING, SUPPORT@CHANNEL+PREVIOUS LOW-TESTED
Targets: 1087-1014-985-959-917-883 low in narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: DOWN, NO CHANGE, NET SELLING FROM LOWER HIGH+SUPPORT@511
Targets: 677-606-598-558-553-511-478 high in moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decreased, net selling through support@8250
Targets: 7781-8048-8250-8365-8406 high in wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-flat, volume-moderate
Trading: down, increased, selling, from lower high through low
Targets: 159-187-214-232-269-306 correction of narrow channel
Commitments:-net change: others-invested long, funds-invested short
Markets: price supply-demand during relative strength trading
Trends: lines parallel through highs, through lows, channels
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, PROJECTED SUPPLY-DOWN
TRADING: DOWN, INCREASING, SELLING, CORRECTION FROM LOWER HIGH TO SUPPORT@359
Targets: 419-392-385-373-359-347 mid narrow channel
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-moderate, supply-up
TRADING: DOWN, INCREASED, NET SELLING, SUPPORT@CHANNEL+PREVIOUS LOW-TESTED
Targets: 1087-1014-985-959-917-883 low in narrow channel
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
TRADING: DOWN, NO CHANGE, NET SELLING FROM LOWER HIGH+SUPPORT@511
Targets: 677-606-598-558-553-511-478 high in moderate channel
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, decreased, net selling through support@8250
Targets: 7781-8048-8250-8365-8406 high in wide channel
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less so, open interest-flat, volume-moderate
Trading: down, increased, selling, from lower high through low
Targets: 159-187-214-232-269-306 correction of narrow channel
Commitments:-net change: others-invested long, funds-invested short
Monday, May 18, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 18/2015 MONDAY
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: FLAT, ACCELERATING, NET BUYING, RESISTANCE@373+POTENTIAL NEW HIGH
Targets: 419-392-385-373-359-347 versus trend=oversold/less so
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-flat, volume-moderate, supply-up
TRADING: FLAT, ACCELERATED, INVEST-DIVEST OFFSET, RESISTANCE@959 TESTED-PREVAILED
Targets: 1087-1014-985-959-917-883 versus trend=oversold
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, net buying, through resistance-steep move
Targets: 677-606-598-558-553-511-478 versus trend=on trend
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, accelerated, selling, support@8250 penetrated
Targets: 7781-8048-8250-8365-8406 versus trend=oversold
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-virtually flat, volume-moderate
Trading: up, decelerated, selling, support@new trend penetrated
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: others-invested long, funds-invested short
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: FLAT, ACCELERATING, NET BUYING, RESISTANCE@373+POTENTIAL NEW HIGH
Targets: 419-392-385-373-359-347 versus trend=oversold/less so
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-flat, volume-moderate, supply-up
TRADING: FLAT, ACCELERATED, INVEST-DIVEST OFFSET, RESISTANCE@959 TESTED-PREVAILED
Targets: 1087-1014-985-959-917-883 versus trend=oversold
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-up, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, net buying, through resistance-steep move
Targets: 677-606-598-558-553-511-478 versus trend=on trend
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less so, open interest-down, volume-moderate
Trading: down, accelerated, selling, support@8250 penetrated
Targets: 7781-8048-8250-8365-8406 versus trend=oversold
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-virtually flat, volume-moderate
Trading: up, decelerated, selling, support@new trend penetrated
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: others-invested long, funds-invested short
Sunday, May 17, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 15/2015 FRIDAY
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: UP, DECELERATED, OFFSET, NO MOVE ABOVE 359-LOWER CLOSE
Targets: 419-392-385-373-359-347 versus trend=oversold
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-down, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET SELLING, MOVED BELOW 959-LOWER CLOSE
Targets: 1087-1014-985-959-917-883 versus trend=oversold
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, decelerated, net selling, no move above 511-lower close
Targets: 677-606-598-558-553-511-478 versus trend=overbought
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-down, volume-moderate
Trading: down, accelerated, buying, support@new trend-held
Targets: 7781-8048-8250-8365-8406 versus trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-virtually flat, volume-moderate
Trading: down, accelerated, offset buying, tested support@new trend
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: others-invested long, funds-invested short
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME MODERATE, PROJECTED SUPPLY-DOWN
TRADING: UP, DECELERATED, OFFSET, NO MOVE ABOVE 359-LOWER CLOSE
Targets: 419-392-385-373-359-347 versus trend=oversold
Commitments-net change: users invested short, others divested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-down, volume-moderate, supply-up
TRADING: DOWN, ACCELERATED, NET SELLING, MOVED BELOW 959-LOWER CLOSE
Targets: 1087-1014-985-959-917-883 versus trend=oversold
Commitments-net change: users-invested long, funds-invested short
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, decelerated, net selling, no move above 511-lower close
Targets: 677-606-598-558-553-511-478 versus trend=overbought
Commitments-net change: users-invested short, funds-invested long
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-down, volume-moderate
Trading: down, accelerated, buying, support@new trend-held
Targets: 7781-8048-8250-8365-8406 versus trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-virtually flat, volume-moderate
Trading: down, accelerated, offset buying, tested support@new trend
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: others-invested long, funds-invested short
Thursday, May 14, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 14/2015 THURSDAY
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, PROJECTED SUPPLY-DOWN
Trading: up, accelerated, buying, resistance@previous high tested
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-down, volume-moderate, supply-up
TRADING: DOWN, NO CHANGE, OFFSET, SUPPORT@959+ POTENTIAL NEW LOW
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-up, volume-high, supply-up
Trading: up, accelerated, buying, resistance@highs+trend+511 tested
Targets: 677-606-598-558-553-511-478 versus major trend=overbought
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-up, volume-moderate
Trading: up, decelerated, net selling, resistance@trend+@8365 held
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up, open interest-down, volume-moderate
Trading: flat, decelerated, net selling, lower high+support@trend
Targets: 159-187-214-232-269-306 versus trend=overbought
Commitments:-net change: users-divested long, funds-invested long
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, PROJECTED SUPPLY-DOWN
Trading: up, accelerated, buying, resistance@previous high tested
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-down, volume-moderate, supply-up
TRADING: DOWN, NO CHANGE, OFFSET, SUPPORT@959+ POTENTIAL NEW LOW
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-up, volume-high, supply-up
Trading: up, accelerated, buying, resistance@highs+trend+511 tested
Targets: 677-606-598-558-553-511-478 versus major trend=overbought
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-up, volume-moderate
Trading: up, decelerated, net selling, resistance@trend+@8365 held
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up, open interest-down, volume-moderate
Trading: flat, decelerated, net selling, lower high+support@trend
Targets: 159-187-214-232-269-306 versus trend=overbought
Commitments:-net change: users-divested long, funds-invested long
Wednesday, May 13, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 13/2015 WEDNESDAY
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, SUPPLY-DOWN
Trading: flat, decelerated, net buying, support@359 prevailed
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down/more, open interest-up, volume-high, supply-up
TRADING: DOWN, DECELERATED, OFFSET, LOWER HIGH+THROUGH 959 NOT CONFIRMED
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, offset buying, resistance@478 prevailing
Targets: 677-606-598-558-553-511-478 versus major trend=on trend
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-up, volume-moderate
Trading: up, accelerated, net buying, resistance@trend+@8365
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-down, volume-high
Trading: up, decelerated, offset-through resistance-weak confirmation
Targets: 159-187-214-232-269-306 versus trend=overbought
Commitments:-net change: users-divested long, funds-invested long
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-UP, VOLUME HIGH, SUPPLY-DOWN
Trading: flat, decelerated, net buying, support@359 prevailed
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down/more, open interest-up, volume-high, supply-up
TRADING: DOWN, DECELERATED, OFFSET, LOWER HIGH+THROUGH 959 NOT CONFIRMED
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, offset buying, resistance@478 prevailing
Targets: 677-606-598-558-553-511-478 versus major trend=on trend
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less, open interest-up, volume-moderate
Trading: up, accelerated, net buying, resistance@trend+@8365
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-down, volume-high
Trading: up, decelerated, offset-through resistance-weak confirmation
Targets: 159-187-214-232-269-306 versus trend=overbought
Commitments:-net change: users-divested long, funds-invested long
Tuesday, May 12, 2015
FARM COMMODITY SETTLEMENTS-CME MAY 12/2015 TUESDAY
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-FLAT, VOLUME HIGH, SUPPLY-DOWN
Trading: flat, accelerated, selling, support@359 penetrated+on trend
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-high, supply-up
TRADING: DOWN, ACCELERATED, NET SELLING, RESISTANCE PREVAILED+SUPPORT@959 PENETRATED
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, offset selling, resistance@478 holding
Targets: 677-606-598-558-553-511-478 versus major trend=on trend
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less-revised, open interest-up, volume-molderate
Trading: up, accelerated, net buying, through 8250-resistance@trend
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-down, volume-high
Trading: up, accelerated, buying-through resistance@revised trend
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: users-divested long, funds-invested long
Markets: price supply-demand during relative strength trading
Trends: join prices, highs with highs, lows with lows, giving direction
Trading: daily move, momentum, activity, prevailing strength
Targets: projected price objectives of trends and trading
CORN: 30 cent daily trading limit
TRENDS: PRICE-DOWN, OPEN INTEREST-FLAT, VOLUME HIGH, SUPPLY-DOWN
Trading: flat, accelerated, selling, support@359 penetrated+on trend
Targets: 419-392-385-373-359-347 versus major trend=oversold
Commitments-net change: users invested long, funds invested short
SOYBEANS: 70 cent daily trading limit
Trends: price-down, open interest-up, volume-high, supply-up
TRADING: DOWN, ACCELERATED, NET SELLING, RESISTANCE PREVAILED+SUPPORT@959 PENETRATED
Targets: 1087-1014-985-959-917-883 versus major trend=oversold
Commitments-net change: others-divested long, funds-invested long
WHEAT: 40 cent daily limit
Trends: price-down, open interest-down, volume-moderate, supply-up
Trading: up, accelerated, offset selling, resistance@478 holding
Targets: 677-606-598-558-553-511-478 versus major trend=on trend
Commitments-net change: users-invested long, funds-invested short
CANADIAN DOLLAR/USD: 4.00 dollar daily limit
Trends: price-up/less-revised, open interest-up, volume-molderate
Trading: up, accelerated, net buying, through 8250-resistance@trend
Targets: 7781-8048-8250-8365-8406 versus major trend=on trend
Commitments-net change: users invested short, funds-divested short
HEATING OIL (ULSD): 25 cent daily limit
Trends: price-up/less, open interest-down, volume-high
Trading: up, accelerated, buying-through resistance@revised trend
Targets: 159-187-214-232-269-306 versus trend=on trend
Commitments:-net change: users-divested long, funds-invested long