Friday, January 01, 2016

Farm Commodity Settlements/CME, DECEMBER 31/2015 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH OF TRADING
TRENDS: LINES OF PROTRUDING ASCENDING LOWS, OF EXCESSIVE DESCENDING HIGH
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 DOWN  OPEN INTEREST UP/NEW  VOLUME DOWN/MORE  WORLD STOCKS FLAT
TRADING: FLAT DECELERATED MATCHED SELLING SUPPORT@TREND RESISTANCE@360 
TARGETS: (360-368)  373  378  386  395     PREMIUM MARKET  FLAT LOWS
POSITIONS:: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=LESS FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE DOWN/LESS  OPEN INTEREST DOWN  VOLUME DOWN/MORE W/STOCKS FLAT
TRADING: UP NEUTRAL NET SELLING ABOVE TREND+MET RESISTANCE@+CLOSED BELOW 873     
TARGETS: 850  (865-873)  885  902  928       PREMIUM MARKET  FLAT HIGHS       
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=MORE FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN/LESS  OPEN INTEREST DOWN/LESS  VOLUME DOWN/LOW W/STOCKS UP    
TRADING FLAT QUIET MATCHED SELLING ABOVE TREND+ABOVE 465 SUPPORT    
TARGETS: (465-493)  514  530  563  596       PREMIUM MARKET  HIGHER LOWS         
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=MORE FORCE 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME DOWN/LESS
TRADING: UP DECELERATING NET BUYING TESTED RESISTANCE/CLOSED ABOVE TREND+ABOVE 7200   
TARGETS:  7780  7573  7490  7418  (7297-7200-7056)     HIGHER LOWS/FLAT HIGHS
POSITIONS: HEDGER ACCUMULATED LONG, INVESTOR ACCUMULATED SHORT=MORE FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN  OPEN INTEREST DOWN/LESS  VOLUME DOWN
TRADING: DOWN ACCELERATING SELLING MET RESISTANCE@+CLOSED BELOW TREND+@115
TARGETS: 174  153  145  137  (125-115-100)       PREMIUM MARKET     FLAT LOWS 
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=FLAT FORCE

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