Tuesday, December 22, 2015

Farm Commodity Settlements/CME, DECEMBER 22/2015 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH OF TRADING
TRENDS: LINES OF PROTRUDING ASCENDING LOWS, OF EXCESSIVE DESCENDING HIGHS
TRADING: DAILY MOVE VOLATILITY ACTIVITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: PRICE UP (GRADUAL)  OPEN INTEREST UP  VOLUME DOWN  WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED NET SELLING TO TREND SUPPORT CLOSED BELOW 368
TARGETS: (360-368-373)  378  386  395    PREMIUM MARKET  QUIET HOLIDAY MARKET 
POSITIONS:: HEDGER LIQUIDATED SHORT, INVESTOR ACCUMULATED SHORT=MORE FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP (MORE)  OPEN INTEREST DOWN  VOLUME DOWN WORLD /STOCKS FLAT
TRADING: DOWN ACCELERATED NET SELLING THROUGH TREND TO/CLOSED@885 AS SUPPORT     
TARGETS: 850  865  876  (885-902)  928        PREMIUM MARKET   QUIET HOLIDAY MARKET       
POSITIONS: HEDGER LIQUIDATED SHORT,  INVESTOR ACCUMULATED LONG=FLAT FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE UP (LESS)  OPEN INTEREST FLAT  VOLUME DOWN  WORLD STOCKS UP    
TRADING DOWN DECELERATING NET SELLING THROUGH CLOSED BELOW TREND@LAST LOW      
TARGETS: (465-493)  514  530  563  596          PREMIUM MARKET  QUIET HOLIDAY MARKET
POSITIONS: HEDGER LIQUIDATED LONG, INVESTOR LIQUIDATED SHORT=LESS FORCE 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP  VOLUME DOWN
TRADING: FLAT DECELERATING NET BUYING AWAY FROM TREND POTENTIAL BOTTOM  
TARGETS:  7780  7573  7490  7418  729 (7200-7056)      FLAT LOWS QUIET HOLIDAY MARKET
POSITIONS: HEDGER ACCUMULATED LONG, INVESTOR ACCUMULATED SHORT=MORE FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP  VOLUME UP
TRADING: FLAT DECELERATING OFFSET SELLING SUPPORT@LAST LOW POTENTIAL BOTTOM
TARGETS: 174  153  145  137  125  (115-100)       PREMIUM MARKET  QUIET HOLIDAY MARKET     
POSITIONS: HEDGER ACCUMULATED SHORT,  INVESTOR LIQUIDATED LONG=LESS FORCE
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