Monday, July 13, 2015

FARM COMMODITY SETTLEMENTS-CME JULY 13/2015 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOIN HIGHS+HIGHS AND LOWS+LOWS=CHANNELS/DIRECTION-YEARLY
TRADING: DAILY MOVE+URGENCY+ACTIVITY+PREVAILING STRENGTH,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICES UP, OPEN INTEREST UP, VOLUME UP, WORLD SUPPLY PROJECTED DOWN
TRADING: UP+REDUCED URGENCY+NET BUYING+TESTING RESISTANCE@441 TOP      
TARGETS: 348-368-383-395-418-441                                                          
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS COVERED SHORT+BOUGHT LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES DOWN,  OPEN INTEREST UP, VOLUME DOWN, WORLD SUPPLY PROJECTED UP
TRADING: FLAT/LOWER HIGH+REDUCED URGENCY+NET BUYING+BELOW RESISTANCE@1037 TOP
TARGETS: 897-927-949-967-1002-1037                                                       
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES UP,-OPEN INTEREST DOWN, VOLUME UP, WORLD SUPPLY PROJECTED UP
TRADING: DOWN+REDUCED URGENCY+OFFSET BUYING+PENETRATED/CLINGING TO SUPPORT
TARGETS: 461-491-513-531-566-601                                                             
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS BOUGHT LONG+COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES DOWN  OPEN INTEREST UP,  VOLUME DOWN
TRADING: DOWN FROM DRIFT+INCREASED URGENCY+NET SELLING+TESTED SUPPORT@7850    
TARGETS: 8931-8545-8391-8256-8030-7850                         MARKET MUST DECLARE
COMMITMENTS: NET CHANGE: USERS BOUGHT LONG, FUNDS/SMALL TRADERS SOLD SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN, OPEN INTEREST UP, VOLUME UP
TRADING: FLAT+INCREASED URGENCY+OFFSET+RESISTANCE@TREND+SUPPORT@172 DAY 6                                                                                                                                                                                                                                                                                                                                                    
TARGETS:206-194-189-185-178-172                                        MARKET MUST DECLARE
COMMITMENTS: USES BOUGHT LONG+COVERED SHORTC, FUNDS SOLD LONG+SOLD SHORT

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