Farm Commodity Settlements/CME, MARCH 31/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+VERY HIGH VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+MORE+SUSPECT SELLING SHORT+SUPPORT@/CLOSED ABOVE 348 YEARLY LOW
TARGETS: (348-358-366) 371 383 395 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+HIGH VOLUME+W/STOCKS-DOWN
TRADING: DOWN+MORE+MATCHED NET BUYING+SUPPORT MET@896+CLOSED ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS UP
TRADING: DOWN+MORE+NET BUYING+RESISTANCE@468 TESTED+CLOSED ABOVE 468+TREND
TARGETS: (442-468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (LESS)+MODERATE VOLUME
TRADING: UP+MORE+MATCHED NET SELLING+RESISTANCE@YEARLY HIGH OF 7791+CLOSED ABOVE 7650
TARGETS: 6810 7170 7440 (7650-8010) 8490 HIGHER LOW LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT+NET BUYING+RESISTANCE@TREND+SUPPORT@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Big Pat's farm commodities analysis. Get the best and most current analysis of trends, trading, targets for corn, wheat, soybeans, heating oil, Canadian Dollar.
Thursday, March 31, 2016
Tuesday, March 29, 2016
Farm Commodity Settlements/CME, MARCH 29/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+FLAT VOLATILITY+NET BUYING+RESISTANCE TESTED+CLOSED+ABOVE TREND/371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP (MORE)+MORE VOLATILITY+BUYING+RESISTANCE MET @ 918 + ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST UP (LESS)+LOW VOLUME+WORLD STOCKS UP
TRADING: UP+LESS VOLATILITY+BUYING+RESISTANCE @ HIGHS BELOW 488 ABOVE TREND
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (FLAT)+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+RESISTANCE MET/CLOSED @ 7650+TESTED @ TREND
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT VOLATILITY+NET SELLING+SUPPORT TESTED/CLOSED BELOW TREND@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+FLAT VOLATILITY+NET BUYING+RESISTANCE TESTED+CLOSED+ABOVE TREND/371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP (MORE)+MORE VOLATILITY+BUYING+RESISTANCE MET @ 918 + ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST UP (LESS)+LOW VOLUME+WORLD STOCKS UP
TRADING: UP+LESS VOLATILITY+BUYING+RESISTANCE @ HIGHS BELOW 488 ABOVE TREND
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (FLAT)+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+RESISTANCE MET/CLOSED @ 7650+TESTED @ TREND
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT VOLATILITY+NET SELLING+SUPPORT TESTED/CLOSED BELOW TREND@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Monday, March 28, 2016
Farm Commodity Settlements/CME, MARCH 28/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN (LESS)+MODERATE VOLUME+W/STOCKS DOWN
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED TREND RESISTANCE/CLOSED @ TREND
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE BELOW 371
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP+LESS VOLATILITY+NET SELLNG+ABOVE TREND+TESTED LAST HIGHS RESISTANCE
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW LOWER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME+WORLD STOCKS UP
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED/CLOSED ABOVE TREND ABOVE 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (LESS)+2ND REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+TESTED CLOSED @ TREND AS RESISTANCE INSIDE 7440-7650
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: FLAT+MORE VOLATILITY+NET SELLING+ON/CLOSED ABOVE TREND/116 AS SUPPORT+
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET FLAT HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN (LESS)+MODERATE VOLUME+W/STOCKS DOWN
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED TREND RESISTANCE/CLOSED @ TREND
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE BELOW 371
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP+LESS VOLATILITY+NET SELLNG+ABOVE TREND+TESTED LAST HIGHS RESISTANCE
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW LOWER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME+WORLD STOCKS UP
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED/CLOSED ABOVE TREND ABOVE 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (LESS)+2ND REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+TESTED CLOSED @ TREND AS RESISTANCE INSIDE 7440-7650
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: FLAT+MORE VOLATILITY+NET SELLING+ON/CLOSED ABOVE TREND/116 AS SUPPORT+
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET FLAT HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Thursday, March 24, 2016
Farm Commodity Settlements/CME, MARCH 24/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+RESISTANCE/CLOSED @ TREND+BELOW 371
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+ABOVE TREND+RESISTANCE @ PREVIOUS HIGHS
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+FLAT VOLATILITY+MATCHED BUYING+TESTED/CLOSED ABOVE TREND BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+LEVEL-NEXT LOW IMPORTANT TO DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+RESISTANCE/CLOSED @ TREND+BELOW 371
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+ABOVE TREND+RESISTANCE @ PREVIOUS HIGHS
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+FLAT VOLATILITY+MATCHED BUYING+TESTED/CLOSED ABOVE TREND BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+LEVEL-NEXT LOW IMPORTANT TO DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Wednesday, March 23, 2016
Farm Commodity Settlements/CME, MARCH 23/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/MORE+LOW VOLUME+W/STOCKS DOWN
TRADING: DOWN+VOLATILITY UP+BUYING+BELOW TREND/371+TESTED/CLOSED ABOVE 366
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT VOLATILITY DOWN+NET SELLING+ABOVE TREND+RESISTANCE BELOW 918
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+TESTED/CLOSED BELOW SUPPORT @ PREVIOUS HIGH
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+HIGH VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/MORE+LOW VOLUME+W/STOCKS DOWN
TRADING: DOWN+VOLATILITY UP+BUYING+BELOW TREND/371+TESTED/CLOSED ABOVE 366
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT VOLATILITY DOWN+NET SELLING+ABOVE TREND+RESISTANCE BELOW 918
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+TESTED/CLOSED BELOW SUPPORT @ PREVIOUS HIGH
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+HIGH VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Tuesday, March 22, 2016
Farm Commodity Settlements/CME, MARCH 22/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+VOLATILITY DOWN+NET BUYING+ON TREND AS SUPPORT+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/LESS+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP VOLATILITY UP+NET BUYING+ABOVE TREND+BREAKOUT ABOVE 896 CONFIRMED
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+MATCHED OFFSET+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY DOWN+NET BUYING+LOOKING FOR CLEAR BREAKOUT CHANGING DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+MODERATE VOLUME
TRADING: UP+VOLATILITY DOWN+NET BUYING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOW HIGHER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+VOLATILITY DOWN+NET BUYING+ON TREND AS SUPPORT+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/LESS+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP VOLATILITY UP+NET BUYING+ABOVE TREND+BREAKOUT ABOVE 896 CONFIRMED
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+MATCHED OFFSET+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY DOWN+NET BUYING+LOOKING FOR CLEAR BREAKOUT CHANGING DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+MODERATE VOLUME
TRADING: UP+VOLATILITY DOWN+NET BUYING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOW HIGHER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Monday, March 21, 2016
Farm Commodity Settlements/CME, MARCH 21/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: FLAT+MORE VOLATILITY+BUYING+TESTED/CLOSED ABOVE TREND+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+MORE VOLATILITY+NET BUYING+ABOVE TREND+TESTED/CLOSED ABOVE 896
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET FLAT HKIGHS HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS UP
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: FLAT+MORE VOLATILITY+BUYING+TESTED/CLOSED ABOVE TREND+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+MORE VOLATILITY+NET BUYING+ABOVE TREND+TESTED/CLOSED ABOVE 896
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET FLAT HKIGHS HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS UP
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Sunday, March 20, 2016
Farm Commodity Settlements/CME, MARCH 18/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST DOWN+LOW VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+LOW VOLATILITY+SELLNG+TESTED/CLOSED BELOW 371/TREND RESISTANCE
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET LOWER HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+REDUCED VOLATILITY+MATCHED SELLING+ABOVE TREND @ 896 AS SUPPORT
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+LOW/REDUCED VOLATILITY+MATCHED BUYING+BELOW TREND+CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN+3RD REVISED/LESS SO+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: UP+REDUCED VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS SO+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST DOWN+LOW VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+LOW VOLATILITY+SELLNG+TESTED/CLOSED BELOW 371/TREND RESISTANCE
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET LOWER HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+REDUCED VOLATILITY+MATCHED SELLING+ABOVE TREND @ 896 AS SUPPORT
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+LOW/REDUCED VOLATILITY+MATCHED BUYING+BELOW TREND+CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN+3RD REVISED/LESS SO+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: UP+REDUCED VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS SO+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Thursday, March 17, 2016
Farm Commodity Settlements/CME, MARCH 17/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: UP+INCREASING+SELLNG+MET RESISTANCE@371+TESTED/CLOSED@366 SUPPORT
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET ON TREND AS SUPPORT
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME HIGH+WORLD STOCKS-DOWN
TRADING: UP+INCREASING+NET BUYING+ABOVE TREND TESTED/COLSED@896
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+VOLUME MODERATE+STOCKS UP
TRADING: DOWN+INCREASED+NET SELLING+BELOW TREND+TESTED/CLOSED BELOW 468 AS SUPPORT
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN+3RD REVISED/LESS+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+DECREASED+NET BUYING+ROLLING+COVERING FORMED A SUSPECTED SPIKE (TOP)
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME HIGH
TRADING: UP+DECREASED+BUYING+ABOVE TREND+@116 AS SUPPORT+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: UP+INCREASING+SELLNG+MET RESISTANCE@371+TESTED/CLOSED@366 SUPPORT
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET ON TREND AS SUPPORT
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME HIGH+WORLD STOCKS-DOWN
TRADING: UP+INCREASING+NET BUYING+ABOVE TREND TESTED/COLSED@896
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+VOLUME MODERATE+STOCKS UP
TRADING: DOWN+INCREASED+NET SELLING+BELOW TREND+TESTED/CLOSED BELOW 468 AS SUPPORT
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN+3RD REVISED/LESS+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+DECREASED+NET BUYING+ROLLING+COVERING FORMED A SUSPECTED SPIKE (TOP)
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME HIGH
TRADING: UP+DECREASED+BUYING+ABOVE TREND+@116 AS SUPPORT+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
Wednesday, March 16, 2016
Farm Commodity Settlements/CME, MARCH 16/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: FLAT DAY 3+DECREASING+BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS LOWER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME LOW+WORLD STOCKS-DOWN
TRADING: DOWN+DECREASING+NET BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: DOWN+INCREASED+SELLING+BELOW/CLOSED BELOW TREND+FORMING A NEW HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+INCREASED+NET BUYING+TRYING TO BREAKOUT+NEED HIGHER CLOSE CONFIRMATION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME MODERATE
TRADING: UP+INCREASED+BUYING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: FLAT DAY 3+DECREASING+BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS LOWER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME LOW+WORLD STOCKS-DOWN
TRADING: DOWN+DECREASING+NET BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: DOWN+INCREASED+SELLING+BELOW/CLOSED BELOW TREND+FORMING A NEW HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+INCREASED+NET BUYING+TRYING TO BREAKOUT+NEED HIGHER CLOSE CONFIRMATION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME MODERATE
TRADING: UP+INCREASED+BUYING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
Tuesday, March 15, 2016
Farm Commodity Settlements/CME, MARCH 15/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS FLAT
TRADING: FLAT+DECREASING+NET BUYING+ON/CLOSED ABOVE SUPPORT@TREND+366
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS HIGHER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-FLAT+VOLUME MEDIUM+W/STOCKS-UP
TRADING: DOWN+DECREASING+NET SELLING+RESISTANCE@896+SUPPORT@TREND
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: FLAT+DECREASING+NET BUYING+APPEARS MAKING A LONG TERM LOWER HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: DOWN+INCREASED+SELLING+UNABLE BREAKOUT ABOVE RESISTANCE @7477
TARGETS: 7780 (7477-7356) 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: UP+INCREASED+NET SELLING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT COVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS FLAT
TRADING: FLAT+DECREASING+NET BUYING+ON/CLOSED ABOVE SUPPORT@TREND+366
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS HIGHER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-FLAT+VOLUME MEDIUM+W/STOCKS-UP
TRADING: DOWN+DECREASING+NET SELLING+RESISTANCE@896+SUPPORT@TREND
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: FLAT+DECREASING+NET BUYING+APPEARS MAKING A LONG TERM LOWER HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: DOWN+INCREASED+SELLING+UNABLE BREAKOUT ABOVE RESISTANCE @7477
TARGETS: 7780 (7477-7356) 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: UP+INCREASED+NET SELLING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT COVERED SHORT