Farm Commodity Settlements/CME, November19/2015 Thursday
MARKETS: PRICE SUPPLY/DEMAND RESULT OF BUYING AND SELLING DURING TRADING
TRENDS: MONTHLY LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS GIVING DIRECTION
TRADING: DAILY ACTIVITY DIRECTION RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP-CORRECTING VOLUME DOWN WORLD (CHINA) STOCKS UP
TRADING: NET BUYING UP LESS STRENGTH MAKING A ROUNDED BOTTOM@361+ABOVE TREND
TARGETS: 400 (372 361) 351 335 322 PREMIUM MARKET HIGHER LOWS
POSITIONS:: USER NET LESS SHORT NON USER NET LESS LONG=LESS RELATIVE STRENGTH
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE DOWN-LESS OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: NET BUYING FLAT LESS STRENGTH-RESISTANCE@3RD REVISED TREND ABOVE 850
TARGETS: 920 890 878 (868 850) 836 PREMIUM MARKET HIGHER LOWS
POSITIONS: USER NOW NET LONG NON USER NOW NET SHORT=MORE RELATIVE STRENGTH
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME DOWN WORLD STOCKS FLAT
TRADING: BUYING UP MORE STRENGTH SIGNALS TEST OF BOTTOM AT 480+2ND REVISED TREND
TARGETS: (480 499) 513 524 546 569 PREMIUM MARKET HOGHER LOW
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=FLAT RELATIVE STRENGTH
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN
TRADING: NET BUYING UP LESS STRENGTH FROM TEST OF BOTTOM AT 7490 BREAKOUT UPSIDE OF TREND
TARGETS: 7780 (7573 7490) 7418 7297 7200 LOWER HIGHS
POSITIONS: USER MORE NET LONG NON USER LESS NET SHORT=FLAT RELATIVE STRENGTH
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE FLAT OPEN INTEREST DOWN VOLUME DOWN
TRADING: NET SELLING FLAT LESS STRENGTH BELOW TREND+RESISTANCE@139
TARGETS: 174 159 153 148 (139 132) PREMIUM MARKET FLAT HIGHS AND LOWS
POSITIONS: USER MORE NET LONG NON USER LESS NET SHORT=FLAT RELATIVE STRENGTH
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