Farm Commodity Settlements/CME, JANUARY 22/2016 FRIDAY
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: UP/MODERATE OPEN INTEREST FLAT VOLUME DOWN WORLD STOCKS DOWN
TRADING: FLA T BUYING ON WEAKER TREND SUPPORT MEETING RESISTANCE@373
TARGETS: 349 (364-373) 378 386 395 PREMIUM MARKET HIGHER LOWS
POSITIONS: USER: SOLD NET SHORT, FUND: COVERED NET SHORT= LESS VOLATILE:
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: UP/GRADUAL OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: FLAT NET SELLING ABOVE TREND MEETING STRONG RESISTANCE@885 CLOSED BELOW
TARGETS: 852 (871-885) 896 918 941 PREMIUM MARKET FLAT HIGHS = RESISTANCE
POSITIONS: USER: SOLD NET SHORT, FUND: COVERED NET NET = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: DOWN OPEN INTEREST FLAT VOLUME DOWN W/STOCKS UP
TRADING: FLAT MATCHED SELING MET MAJOR RESISTANCE@3RD REVISED DOWNWARD TREND-
TARGETS: 531 503 496 (482-466) 453 -CLOSED@TREND 4TH LOWER HIGH
POSITIONS: USER:: SOLD NET SHORT, FUND: SOLD NET LONG = FLAT VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS OPEN INTEREST FLAT/UP VOLUME DOWN/LESS
TRADING: UP BUYING MET RESISTANCE+CLOSED@7073+BELOW MINOR TREND
TARGETS: 7780 7477 7356 7250 (7073-6932) 6720 HIGHER LOWS
POSITIONS: : USER: BOUGHT NET LONG, FUND: SOLD NET LONG == MORE VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/LESS STEEP OPEN INTEREST UP/LESS VOLUME FLAT
TRADING: UP BUYING MORE ACTIVE RESISTANCE BELOW 2ND REVISED TREND+104
TARGETS: 174 144 132 121 (104-90) 69 PREMIUM MARKET HIGHER LOWS
POSITIONS: USER: SOLD NET SHORT, FUND: SOLD NET SHORT = FLAT VOLATILITY
Sunday, January 24, 2016
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