Tuesday, December 08, 2015

Farm Commodity Settlements/CME, December 8/2015 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADE
TRENDS:  UP/LINES ACROSS ASCENDING LOWS, DOWN/LINES ACROSS 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  OPEN INTEREST DOWN  VOLUME UP  WORLD STOCKS UP
TRADING: FLAT DECELERATED OFFSET SELLING SUPPORT/CLOSED@373
TARGETS: 360  368  (373-378)  386  395                       PREMIUM MARKET       LOWER HIGH
POSITIONS:: HEDGER LESS NET LONG INVESTOR LESS NET SHORT=LESS VOLATILITY
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP /LESS OPEN INTEREST UP  VOLUME UP  WORLD /STOCKS DOWN
TRADING: DOWN DECELERATED NET SELLING TREND STEEP REVISING SUPPORT@876 CLOSED ABOVE   
TARGETS: 850  865  (876-885)  902  928                     PREMIUM MARKET     LOWER HIGH  
POSITIONS: HEDGERS LESS NET LONG  INVESTORS LESS NET SHORT=LESS VOLATILITY
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE UP  OPEN INTEREST DOWN  VOLUME DOWN  WORLD STOCKS FLAT    
TRADING LOWER DECELERATED OFFSET NET BUYING CLOSED BELOW SUPPORT@482 OVER TREND    
TARGETS: 531  503  (492-482)  466  453                 PREMIUM MARKET        LOWER HIGHS
POSITIONS: HEDGERS MORE NET LONG  INVESTORS MORE NET SHORT=MORE VOLATILITY  
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME UP
TRADING: LOWER DECELERATED SELLING BREAKOUT BELOW TREND+7418 NEW LOW OVERSOLD     
TARGETS:  7780  7573  7490  (7418-7297)  7200                                LAST ULTIMATE LOW 7418
POSITIONS: HEDGERS FLAT NET LONG  INVESTORS FLAT NET SHORT=FLAT VOLATILITY
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP  VOLUME UP
TRADING: LOWER DECELERATED NET SELLING BREAKOUT BELOW 132 @SUPPORT@125 
TARGETS: 174  153  145  (137-125)  115                       PREMIUM MARKET     LOWER  HIGHS      
POSITIONS: HEDGERS LESS NET LONG  INVESTORS LESS NET SHORT=LESS VOLATILITY
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