Monday, November 09, 2015

Farm Commodity Settlements/CME, November9/2015 Monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION-ACTIVITY-RELATIVE STRENGTH/S,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME FLAT  WORLD STOCKS DOWN
TRADING: DOWN SELLING ACCELERATED SUPPORT TESTED-CLOSED BELOW 372
TARGETS: (400  372)  361  351  335  322    LOWER HIGHS BELOW TREND            
NET POSITIONS:: USER FLAT LONG  NON USER FLAT SHORT=RELATIVE STRENGTH-FLAT
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP-LESS OPEN INTEREST UP  VOLUME DOWN WORLD STOCKS UP
TRADING: UP MATCHED SELLING DECELERATED RESISTANCE@TREND NO RREAKOUT DOWN  
TARGETS: (855  890)  916 937  978  1016    FLAT LOWS@855        FLAT CLOSE
NET POSITIONS: USER LESS LONG  NON USER NOW LONG=RELATIVE STRENGTH-FLAT
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE UP  OPEN INTEREST-DOWN  VOLUME UP  WORLD STOCKS UP    
TRADING: DOWN SELLING ACCELERATED SUPPORT TESTED@TREND+CLOSED BELOW@502
TARGETS: 480  (499 513  524)  546  569     NEW LOW
NET POSITIONS: USER LESS LONG  NON USER LESS SHORT=RELATIVE STRENGTH-LESS 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME DOWN
TRADING: DOWN MATCHED SELLING ACCELERATED SUPPORT TESTED@TREND+HIGHER CLOSE--      
TARGETS:  7780  (7573  7490)  7418  7297  7200              NO BREAKOUT
NET POSITIONS: USER FLAT LONG  NON USER FLAT SHORT=RELATIVE STRENGTH-FLAT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS  OPEN INTEREST UP  VOLUME UP
TRADING: DOWN NET SELLING ACCELERATION SUPPORT@TREND+LOWER CLOSE 
TARGETS: 144 (156  165)  172  186  200         FLAT HIGHS         
NET POSITIONS: USER LESS LONG  NON USER MORE SHORT=RELATIVE STRENGTH-FLAT
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