Friday, June 19, 2015

FARM COMMODITY SETTLEMENTS-CME JUNE 19/2015 FRIDAY
MARKETS: PRICE SUPPLY DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: GIVE DIRECTION: LINES JOINING HIGHS WITH HIGHS AND LOWS WITH LOWS
TRADING: DAILY MOVE+MOMENTUM+ACTIVITY+PREVAILING STRENGTH,  IN ORDER
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICES FLAT/FLAT LOWS, OPEN INTEREST DOWN, VOLUME FLAT, SUPPLY PROJECTED DOWN
TRADING: DAILY MOVE DOWN+ACCELERATED+LIQUIDATION OF JULY+SUPPORT AT 348 LOW        
TARGETS: 348-357-364-369-380-390  
COMMITMENTS:-NET CHANGE: USERS  COVERED SHORT, INVESTORS SOLD SHORT
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME DOWN,  SUPPLY PROJECTED UP
TRADING: (NOV) DAILY MOVE FLAT+DECELERATING+OFFSET BUYING AT 927 AS SUPPORT
TARGETS: 897-927-949-967-1002-1037
COMMITMENTS: NET CHANGE: USERS LIQUIDATED LONG, INVESTORS ACCUMULATED LONG
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES UP,  OPEN INTEREST UP,  VOLUME FLAT,  SUPPLY PROJECTED UP
TRADING: DAILY MOVE DOWN+SAME+OFFSET BUYING+TEST OF SUPPORT AT 491/AT TREND LINE
TARGETS: 461-491-513-531-566-601  
COMMITMENTS- NET CHANGE: USERS COVERED SHORT, INVESTORS SOLD SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME DOWN
TRADING: DAILY MOVE DOWN+DECELERATED+NET SELLING+THROUGH/TEST OF TREND LINE   
TARGETS: 7781-8049-8250-8406-8719-9031            
COMMITMENTS: NET CHANGE: USERS ACCUMULATED LONG, INVESTORS LIQUIDATED LONG
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN,  OPEN INTEREST DOWN, VOLUME UP
TRADING: DAILY MOVE DOWN+ACCELERATED+SELLING+MET SUPPORT AT 185 
TARGETS: 206-194-189-185-178-172           
COMMITMENTS: NET CHANGE:  INVESTORS COVERED SHORT, NON REPORTS LIQUIDATED LONG

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