Tuesday, June 30, 2015

FARM COMMODITY SETTLEMENTS-CME JUNE 30/2015 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 UP, OPEN INTEREST DOWN, VOLUME UP, WORLD SUPPLY PROJECTED DOWN
TRADING: UP LIMIT+ACCELERATED+BEAR SQUEEZE+TYPICAL OF JULY EXPIRY+A SPIKE        
TARGETS: 348-357-364-369-380-390  
COMMITMENTS:-NET CHANGE: USERS SOLD SHORT, INVESTORS/OTHERS COVERED SHORT
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME UP,  WORLD SUPPLY PROJECTED UP
TRADING: UP+ACCELERATED+BEAR SQUEEZE+HIGH FOR DAY AT 1037 RESISTANCE+JULY EXPIRY 
TARGETS: 897-927-949-967-1002-1037
COMMITMENTS: NET CHANGE: USERS SOLD SHORT, INVESTORS/OTHERS COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME UP, WORLD SUPPLY PROJECTED UP
TRADING: UP+ACCELERATED+BEAR SQUEEZE+THROUGH/TEST OF 601 RESISTANCE+A SPIKE
TARGETS: 461-491-513-531-566-601  
COMMITMENTS- NET CHANGE: USERS/OTHERS BOUGHT LONG, INVESTORS SOLD LONG
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES DOWN  OPEN INTEREST UP/FLAT, VOLUME UP
TRADING: DOWN+ACCELERATED+NET SELLING+THROUGH/TEST OF 8030 SUPPORT   
TARGETS: 8931-8545-8391-8256-8030-7850           
COMMITMENTS: NET CHANGE: USERS/OTHERS COVERED SHORT, INVESTORS SOLD LONG
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN,  OPEN INTEREST DOWN, VOLUME DOWN
TRADING: UP+ACCELERATED+NET BUYING+CONTINUED SUPPORT AT 185 PREVAILING
TARGETS: 206-194-189-185-178-172           
COMMITMENTS: NET CHANGE: USERS BOUGHT LONG, INVESTORS/OTHERS COVERED SHORT

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