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.
Tuesday, June 23, 2015
FARM COMMODITY SETTLEMENTS-CME JUNE 23/2015 TUESDAY
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 LOWS, OPEN INTEREST DOWN, VOLUME UP, SUPPLY PROJECTED DOWN
TRADING: DAILY MOVE UP+ACCELERATING+BUYING+THRU TESTING DOUBLE RESISTANCE
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 UP, SUPPLY PROJECTED UP
TRADING: DAILY MOVE UP+DECELERATING+OFFSET BUYING+AT RESISTANCE+MOVE-DAY 6
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 DOWN VOLUME UP, SUPPLY PROJECTED UP
TRADING: DAILY MOVE UP+ACCELERATING+BUYING+MET RESISTANCE AT 531
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 UP, VOLUME UP
TRADING: DAILY MOVE DOWN+DECELERATED+BUYING+SUPPORT RIGHT AT 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 UP, VOLUME UP
TRADING: DAILY MOVE UP+ACCELERATED+NET BUYING+CUT/MET RESISTANCE AT TREND
TARGETS: 206-194-189-185-178-172
COMMITMENTS: NET CHANGE: INVESTORS COVERED SHORT, NON REPORTS LIQUIDATED LON
No comments:
Post a Comment