farm commodity settlements-cme, august 31 /2015 monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE/UP-LESS+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/UP=BEARISH
TRADING: DOWN/NET BUYING+PRICE RESISTANCE@TREND
TARGETS: 354/384/407/425/461/497 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/UP+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/DOWN
TRADING: DOWN/SELLING+PRICE SUPPORT@TREND
TARGETS: 855/890/916/936/976/1016 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/UP = BEARISH
TRADING: DOWN/NET BUYING+PRICE RESISTANCE@TREND+THROUGH/TESTING SUPPORT@489
TARGETS: 618-572-554-538-511-489 LOSING MOMENTUM
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE/FLAT+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: FLAT/NET BUYING+THROUGH/TESTING PRICE RESISTANCE@7579
TARGETS: 8090-7871-7783-7707-7650-7579-7477 GAINING MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: UP/BUYING+THROUGH/TESTING PRICE RESISTANCE@ORIGINAL TREND
TARGETS: 307-250-227-207-174-147 GAINED MOMENTUM
NET COMMITMENTS: USERS: BECAME NET LONG = FUNDS: BECAME NET SHORT
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.
Monday, August 31, 2015
Saturday, August 29, 2015
farm commodity settlements-cme, august 28 /2015 friday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE/UP+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/UP=BEARISH
TRADING: UP/OFFSET SELLING+1ST LEG UP+HIGHER LOW+PRICE SUPPORT@TREND
TARGETS: 354/384/407/425/461/497 LOSING MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/UP+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/DOWN
TRADING: UP/BUYING+1ST LEG UP+HIGHER LOW+PRICE ABOVE SUPPORT@TREND
TARGETS: 855/890/916/936/976/1016 LOSING MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/FLAT+WORLD STOCKS/UP = BEARISH
TRADING: DOWN/OFFSET SELLING+LOWER HIGHS+PRICE SUPPORT@TREND+@489
TARGETS: 618-572-554-538-511-489 LOSING MOMENTUM
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN = BEARISH
TRADING: FLAT/OFFSET+HIGHER LOWS+PRICE RESISTANCE@7579, 2ND DAY
TARGETS: 8090-7871-7783-7707-7650-7579-7477 GAINING MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: UP/BUYING+BEAR SQUEEZE U15 FUTURE+PRICE RESISTANCE@PREVIOUS HIGHS
TARGETS: 307-250-227-207-174-147 GAINED MOMENTUM
NET COMMITMENTS: USERS: BECAME NET LONG = FUNDS: BECAME NET SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE/UP+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/UP=BEARISH
TRADING: UP/OFFSET SELLING+1ST LEG UP+HIGHER LOW+PRICE SUPPORT@TREND
TARGETS: 354/384/407/425/461/497 LOSING MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/UP+OPEN INTEREST/DOWN+VOLUME/DOWN+WORLD STOCKS/DOWN
TRADING: UP/BUYING+1ST LEG UP+HIGHER LOW+PRICE ABOVE SUPPORT@TREND
TARGETS: 855/890/916/936/976/1016 LOSING MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/FLAT+WORLD STOCKS/UP = BEARISH
TRADING: DOWN/OFFSET SELLING+LOWER HIGHS+PRICE SUPPORT@TREND+@489
TARGETS: 618-572-554-538-511-489 LOSING MOMENTUM
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN = BEARISH
TRADING: FLAT/OFFSET+HIGHER LOWS+PRICE RESISTANCE@7579, 2ND DAY
TARGETS: 8090-7871-7783-7707-7650-7579-7477 GAINING MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: UP/BUYING+BEAR SQUEEZE U15 FUTURE+PRICE RESISTANCE@PREVIOUS HIGHS
TARGETS: 307-250-227-207-174-147 GAINED MOMENTUM
NET COMMITMENTS: USERS: BECAME NET LONG = FUNDS: BECAME NET SHORT
Tuesday, August 25, 2015
farm commodity settlements-cme, august 25 /2015 tuesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS UP=BEARISH
TRADING: UP/NET SELLING+THROUGH TEST OF PRICE TREND AS RESISTANCE+HIGHER LOW
TARGETS: 443 421 412 404 392 381 356 334 LOST MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS DOWN
TRADING: UP/OFFSET SELLING+@891 AS RESISTANCE+THROUGH/TEST OF TREND AS SUPPORT
TARGETS: 1045 990 968 949 917 891 LOST MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP+WORLD STOCKS UP = BEARISH
TRADING: DOWN/SELLING+@511 AS RESISTANCE+@TREND AS SUPPORT+FLAY HIGHS/FLAT LOWS
TARGETS: 618-572-554-538-511-489 FLAT MOMENTUM
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN = BEARISH
TRADING: DOWN/NET SELLING+THROUGH/TESTING 7579 ALSO TREND AS SUPPORT
TARGETS: 8090-7871-7783-7707-7650-7579-7477 LOST MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP = BEARISH
TRADING: FLAT/OFFSET SELLING+THROUGH/TEST OF SUPPORT@147
TARGETS: 307-250-227-207-174-147 LOST MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS UP=BEARISH
TRADING: UP/NET SELLING+THROUGH TEST OF PRICE TREND AS RESISTANCE+HIGHER LOW
TARGETS: 443 421 412 404 392 381 356 334 LOST MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS DOWN
TRADING: UP/OFFSET SELLING+@891 AS RESISTANCE+THROUGH/TEST OF TREND AS SUPPORT
TARGETS: 1045 990 968 949 917 891 LOST MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP+WORLD STOCKS UP = BEARISH
TRADING: DOWN/SELLING+@511 AS RESISTANCE+@TREND AS SUPPORT+FLAY HIGHS/FLAT LOWS
TARGETS: 618-572-554-538-511-489 FLAT MOMENTUM
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN = BEARISH
TRADING: DOWN/NET SELLING+THROUGH/TESTING 7579 ALSO TREND AS SUPPORT
TARGETS: 8090-7871-7783-7707-7650-7579-7477 LOST MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP = BEARISH
TRADING: FLAT/OFFSET SELLING+THROUGH/TEST OF SUPPORT@147
TARGETS: 307-250-227-207-174-147 LOST MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
Monday, August 24, 2015
farm commodity settlements-cme, august 24 /2015 monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: DOWN/NET BUYING+PRICE RESISTANCE@TREND+NEW LOW+RALLIED+
TARGETS: 443 421 412 404 392 381 356 334 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET SELLING+PRICE RESISTANCE@TREND+NEW LOW+RALLIED+
TARGETS: 1045 990 968 949 917 891 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: DOWN/OFFSET BUYING+PRICE RESISTANCE@511+SUPPORT@489+RALLIED
TARGETS: 618-572-554-538-511-489 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP = BEARISH
TRADING: DOWN/NET SELLING+THROUGH-TESTING PRICE SUPPORT@7579+@TREND+NEW LOW
TARGETS: 8090-7871-7783-7707-7650-7579-7477 GAINED MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME FLAT = BEARISH
TRADING: DOWN/SELLING+THROUGH-TESTING PRICE SUPPORT@147+NEW LOW
TARGETS: 307-250-227-207-174-147 GAINED MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: DOWN/NET BUYING+PRICE RESISTANCE@TREND+NEW LOW+RALLIED+
TARGETS: 443 421 412 404 392 381 356 334 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET SELLING+PRICE RESISTANCE@TREND+NEW LOW+RALLIED+
TARGETS: 1045 990 968 949 917 891 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: DOWN/OFFSET BUYING+PRICE RESISTANCE@511+SUPPORT@489+RALLIED
TARGETS: 618-572-554-538-511-489 GAINED MOMENTUM
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP = BEARISH
TRADING: DOWN/NET SELLING+THROUGH-TESTING PRICE SUPPORT@7579+@TREND+NEW LOW
TARGETS: 8090-7871-7783-7707-7650-7579-7477 GAINED MOMENTUM
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME FLAT = BEARISH
TRADING: DOWN/SELLING+THROUGH-TESTING PRICE SUPPORT@147+NEW LOW
TARGETS: 307-250-227-207-174-147 GAINED MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
Saturday, August 22, 2015
farm commodity settlements-cme, august 21/2015 friday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: DOWN/SELLING SHORT+RESISTANCE@TREND+@UPWARD DRIFT+MORE MOMENTUM
TARGETS: 443 421 412 404 392 381 356 334 =BEARISH
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: FLAT/SELLING SHORT TO SUPPORT@PRICETREND+FLAT HIGHS+SAME MOMENTUM
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING SHORT+RESISTANCE@511+SUPPORT@PRICE TREND+SAME MOMENTUM
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: DOWN/SELLING SHIORT TO SUPPORT@7579+@PRICE TREND+MORE MOMENTUM
TARGETS: 8090-7871-7783-7707-7650-7579-7477 PRICE TREND REVISED HIGHER = OVERBOUGHT
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME FLAT = BEARISH
TRADING: DOWN/SELLING SHORT FROM RESISTANCE@PRICE TREND TO SUPPORT@147+
TARGETS: 307-250-227-207-174-147 +/= MORE MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: DOWN/SELLING SHORT+RESISTANCE@TREND+@UPWARD DRIFT+MORE MOMENTUM
TARGETS: 443 421 412 404 392 381 356 334 =BEARISH
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: FLAT/SELLING SHORT TO SUPPORT@PRICETREND+FLAT HIGHS+SAME MOMENTUM
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: LESS SHORT = FUNDS LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING SHORT+RESISTANCE@511+SUPPORT@PRICE TREND+SAME MOMENTUM
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: DOWN/SELLING SHIORT TO SUPPORT@7579+@PRICE TREND+MORE MOMENTUM
TARGETS: 8090-7871-7783-7707-7650-7579-7477 PRICE TREND REVISED HIGHER = OVERBOUGHT
NET COMMITMENTS: USERS-LESS LONG = FUNDS+OTHERS: LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME FLAT = BEARISH
TRADING: DOWN/SELLING SHORT FROM RESISTANCE@PRICE TREND TO SUPPORT@147+
TARGETS: 307-250-227-207-174-147 +/= MORE MOMENTUM
NET COMMITMENTS: USERS: MORE SHORT+ FUNDS: LESS LONG = OTHERS MORE LONG =
Thursday, August 20, 2015
farm commodity settlements-cme, august 20/2015 thursday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN/LESS+WORLD STOCKS UP=BEARISH
TRADING: FLAT/BUYING+LOST MOMENTUM+TESTING RESISTANCE@381+@PRICE TREND
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/BUYING+GAINED MOMENTUM FROM SUPPORT@PRICE TREND+LOWER HIGHS
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: UP/BUYING FROM A DRIFT DOWN+GAINED MOMENTUM+TESTING RESISTANCE@511/TREND
TARGETS: 618-572-554-538-511-489 BULLISH SIGNAL
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING+LOST MOMENTUM+RESISTANCE@7650+@PRICE TREND
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: DOWN/NET SELLING+LOST MOMENTUM+TESTING PRICE TREND AS SUPPORT
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN/LESS+WORLD STOCKS UP=BEARISH
TRADING: FLAT/BUYING+LOST MOMENTUM+TESTING RESISTANCE@381+@PRICE TREND
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/BUYING+GAINED MOMENTUM FROM SUPPORT@PRICE TREND+LOWER HIGHS
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: UP/BUYING FROM A DRIFT DOWN+GAINED MOMENTUM+TESTING RESISTANCE@511/TREND
TARGETS: 618-572-554-538-511-489 BULLISH SIGNAL
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING+LOST MOMENTUM+RESISTANCE@7650+@PRICE TREND
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: DOWN/NET SELLING+LOST MOMENTUM+TESTING PRICE TREND AS SUPPORT
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
Wednesday, August 19, 2015
farm commodity settlements-cme, august 19/2015 wednesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS UP=BEARISH
TRADING: UP/OFFSET SELLING, REISTANCE@381+PRICETREND-HIGHER LOWS LOST MOMENTUM
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET SELLING-SUPPORT@891+TESTED TRENDLINE AS SUPPORT+ GAINED MOMENTUM
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: DOWN/OFFSET BUYING TO RESISTANCE@LAST LOWS+LOST MOMENTUM
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: FLAT/NET SELLING-TESTED SUPPORT@7650+@TRENDLINE=GAINED MOMENTUM
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /DOWN+VOLUME UP = BEARISH
TRADING: DOWN/SELLING TO SUPPORT@1ST TRENDLINE+LOWER HIGHS+GAINED MOMENTUM
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN+WORLD STOCKS UP=BEARISH
TRADING: UP/OFFSET SELLING, REISTANCE@381+PRICETREND-HIGHER LOWS LOST MOMENTUM
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME UP+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET SELLING-SUPPORT@891+TESTED TRENDLINE AS SUPPORT+ GAINED MOMENTUM
TARGETS: 1045 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT+WORLD STOCKS UP = BEARISH
TRADING: DOWN/OFFSET BUYING TO RESISTANCE@LAST LOWS+LOST MOMENTUM
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME UP = BEARISH
TRADING: FLAT/NET SELLING-TESTED SUPPORT@7650+@TRENDLINE=GAINED MOMENTUM
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /DOWN+VOLUME UP = BEARISH
TRADING: DOWN/SELLING TO SUPPORT@1ST TRENDLINE+LOWER HIGHS+GAINED MOMENTUM
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
Tuesday, August 18, 2015
farm commodity settlements-cme, august 18/2015 tuesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: FLAT/NET BUYING TO RESISTANCE@381+FLAT HIGHS
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME DOWN+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/SELLING FROM RESISTANCE@917+LOWER HIGHS
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING FROM RESISTANCE@PRICE TREND+FLAT LOWS
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN = BEARISH
TRADING: UP/NET BUYING TO RESISTANCE@PRICE TREND, HIGHS ARE LOWER
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /TOPPY+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING ROLLING TO OCT15, SUPPORT@FLAT LOWS, INSIDE 174-147
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: FLAT/NET BUYING TO RESISTANCE@381+FLAT HIGHS
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME DOWN+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/SELLING FROM RESISTANCE@917+LOWER HIGHS
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPY+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING FROM RESISTANCE@PRICE TREND+FLAT LOWS
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN = BEARISH
TRADING: UP/NET BUYING TO RESISTANCE@PRICE TREND, HIGHS ARE LOWER
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /TOPPY+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING ROLLING TO OCT15, SUPPORT@FLAT LOWS, INSIDE 174-147
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
Monday, August 17, 2015
farm commodity settlements-cme, august 17/2015 monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPING+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: UP/OFFSET SELLING BOTH SIDES, FIRM RESISTANCE@381 DECEMBER FUTURE
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET BUYING, TESTING SUPPORT@917+1ST REVISED TREND LESS STEEP.
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING, RESISTANCE@511, PENETRATED TREND AS SUPPORT
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN = BEARISH
TRADING: DOWN/OFFSET BUYING BOTH SIDES, TESTING SUPPORT@7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /FLAT+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING, @TREND AS SUPPORT+MORE MOMENTUM
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPING+VOLUME FLAT+WORLD STOCKS UP=BEARISH
TRADING: UP/OFFSET SELLING BOTH SIDES, FIRM RESISTANCE@381 DECEMBER FUTURE
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN+WORLD STOCKS DOWN = BEARISH
TRADING: DOWN/NET BUYING, TESTING SUPPORT@917+1ST REVISED TREND LESS STEEP.
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: FLAT/NET SELLING, RESISTANCE@511, PENETRATED TREND AS SUPPORT
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME DOWN = BEARISH
TRADING: DOWN/OFFSET BUYING BOTH SIDES, TESTING SUPPORT@7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477 OVERBOUGHT
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST /FLAT+VOLUME UP = BEARISH
TRADING: FLAT/NET BUYING, @TREND AS SUPPORT+MORE MOMENTUM
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
Sunday, August 16, 2015
FARM COMMODITY SETTLEMENTS-CME, AUGUST 14/2015 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPING+VOLUME DOWN+WORLD STOCKS DOWN=BEARISH
TRADING: UP/OFFSET BUYING+COVERING, WEAK RESISTANCE@PREVIOUS LOWS
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN+WORLD STOCKS FLAT = BEARISH
TRADING: FLAT/SELLING SHORT, TESTING SUPPORT@917+1ST REVISED TREND.
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: DOWN/NET SELLING, LONG LQUIDATION@511, LONG ACCUMULATION@TREND
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT = BEARISH
TRADING: DOWN/NET SELLING, TESTING SUPPORT@7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP/FLAT+VOLUME DOWN = BEARISH
TRADING: DOWN/NET SELLING, TESTING TREND AS SUPPORT,
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION/ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST TOPPING+VOLUME DOWN+WORLD STOCKS DOWN=BEARISH
TRADING: UP/OFFSET BUYING+COVERING, WEAK RESISTANCE@PREVIOUS LOWS
TARGETS: 443 421 412 404 392 381 356 334
NET COMMITMENTS: USERS+OTHERS: LESS SHORT = FUNDS: LESS LONG=LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP+VOLUME DOWN+WORLD STOCKS FLAT = BEARISH
TRADING: FLAT/SELLING SHORT, TESTING SUPPORT@917+1ST REVISED TREND.
TARGETS: 1042 990 968 949 917 891
NET COMMITMENTS: USERS: MORE SHORT = FUNDS MORE LONG = MORE MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST FLAT+VOLUME DOWN+WORLD STOCKS UP = BEARISH
TRADING: DOWN/NET SELLING, LONG LQUIDATION@511, LONG ACCUMULATION@TREND
TARGETS: 618-572-554-538-511-489
NET COMMITMENTS: USERS: MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE DOWN+OPEN INTEREST DOWN+VOLUME FLAT = BEARISH
TRADING: DOWN/NET SELLING, TESTING SUPPORT@7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477
NET COMMITMENTS: USERS-MORE LONG = FUNDS: MORE SHORT = MORE MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE DOWN+OPEN INTEREST UP/FLAT+VOLUME DOWN = BEARISH
TRADING: DOWN/NET SELLING, TESTING TREND AS SUPPORT,
TARGETS: 307-250-227-207-174-147
NET COMMITMENTS: USERS: LESS SHORT = FUNDS: LESS LONG = LESS MOMENTUM