Thursday, September 24, 2015

Farm Commodity Settlements/CME, September 24/2015 Thursday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION/ACTIVITY/PREVAILING STRENGTH/S,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN+WORLD STOCKS/DOWN
TRADING: FLAT/NET SELLING/HEDGING/NARROW/381 SUPPORT PENETRATED//HELD  
TARGETS: 443/421/412/414/392/381/356/334                           LOWER HIGHS/HIGHER LOWS               
NET COMMITMENTS: USER: MORE SHORT = NON USER: MORE LONG = MORE FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN+WORLD STOCKS/DOWN
TRADING: FLAT/NET BUYING/HEDGING/MODERATE RANGE/TREND RESISTANCE PREVAILED
TARGETS: 1045/932/887/847/781                                                LOWER HIGHS
NET COMMITMENTS: USER: LESS SHORT = NON USER: LESS LONG = LESS FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TREND: PRICE/UP+OPEN INTEREST/FLAT+VOLUME/DOWN+WORLD STOCKS/UP    
TRADING: UP/NET SELLING/PRICING+INVESTING/NARROW RANGE/511 RESISTANCE HELD                                    
TARGETS: 618/572/554/538/511/489/437                                     HIGHER LOWS
NET COMMITMENTS: USER: LESS LONG = NON USER: LESS SHORT = LESS FORCE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN = BEARISH
TRADING: DOWN/OFFSET BUYING//NARROW RANGE/7477 PENETRATED/CLOSED UP
TARGETS: 8090/7871/7783/7707/7650/7579/7477                       LOWER HIGHS   
NET COMMITMENTS: USER-FLAT LONG = NON USER:LESS SHORT = FLAT FORCE, 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN= BEARISH
TRADING: FLAT/NET BUYING/NARROW RANGE/NO RESISTANCE-SUPPORT LEVELS
TARGETS: 307/250/227/207/174/147                                           HIGHER LOW
NET COMMITMENTS: USER: MORE  LONG = NON USER: MORE SHORT = MORE FORCE

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