Wednesday, January 06, 2016

Farm Commodity Settlements/CME, JANUARY 6/2016 WEDNESDAY
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/MORE  VOLUME DOWN  WORLD STOCKS FLAT
TRADING: DOWM ACCELERATED MATCHED BUYING SUPPORT@351 TREND RESISTANCE 
TARGETS: 400  372  (361-351)  335  322/NEW      PREMIUM MARKET  LOWER HIGHS
NET POSITIONS:: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE DOWN/MORE  OPEN INTEREST  FLAT/UP  VOLUME DOWN WORLD STOCKS FLAT
TRADING: UP ACCELERATED NET BUYING BROKE TREND RESISTANCE TO-RESISTANCE@868       
TARGETS: 920  890  878  (868-850)  836/NEW       PREMIUM MARKET  LOWER HIGHS   
NET POSITIONS: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP/MORE  VOLUME DOWN  W/STOCKS UP    
TRADING FLAT ACCELERATED NET BUYING BELOW RESISTANCE@REVISED TREND+@466    
TARGETS: 531  503  496  482  (466-453)/NEW       PREMIUM MAKET  LOWER HIGHS      
NET POSITIONS: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/MORE  OPEN INTEREST DOWN  VOLUME DOWN/LESS
TRADING: DOWN ACCELERATING SELLING BREAKOUT DOWNSIDE OF TREND OVER 7056 SUPPORT   
TARGETS:  7780  7573  7490  7418  7297  (7200-7056)   PREMIUM MARKET  LOWE HIGHS     
NET POSITIONS: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN  OPEN INTEREST DOWN  VOLUME DOWN/LESS
TRADING: DOWN ACCELERATED  SELLING BROKE/CLOSED BELOW TREND RESISTANCE 
TARGETS: 174  153  145  137  125  (115-100)       PREMIUM MARKET    LOWER HIGHS 
NET POSITIONS: HEDGER:LESS LONG,  INVESTOR: LESS SHORT = LESS VOLATILE

No comments:

Google+