Monday, January 25, 2016

Farm Commodity Settlements/CME, JANUARY 25/2016 MONDAY
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 DOWN  VOLUME DOWN  WORLD STOCKS DOWN
TRADING: UP  ACCELERATED MATCHED SELLING RESISTANCE@TREND+ALSO@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/LESS  OPEN INTEREST UP  VOLUME DOWN  WORLD STOCKS DOWN
TRADING: FLAT NET BUYING ACTIVE RESISTANCE@TREND+885 SUPPORT@871 CLOSED UP        
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: UP NET BUYING ACCELERATED BROKE MAJOR TREND+TESTED RESISTANCE@482         
TARGETS: 531  503  496  (482-466)  453                                   CLOSED ABOVE TREND     
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  VOLUME DOWN
TRADING: FLAT NET SELLING TESTED RESISTANCE@7073 MET SUPPORT+CLOSED@TREND
TARGETS:  7780  7477  7356  7250  (7073-6932)  6720         FLAT 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 DOWN/LESS  VOLUME FLAT
TRADING: FLAT NET SELLING FLAT  RESISTANCE BELOW 104+2ND REVISED TREND
TARGETS: 174  144  132  121  (104-90)  69    PREMIUM MARKET  HIGHER LOWS
POSITIONS: USER: SOLD NET SHORT, FUND: SOLD NET SHORT =  FLAT VOLATILITY 

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