Monday, April 11, 2016

Commodity Settlements/CME, APRIL11/2016 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: PRICE UP/LESS-3RD REVISED+OPEN INTEREST-TOPPING+HIGH VOLUME+W/STOCKS DOWN
TRADING: DOWN+ACCELERATED+SELLING+SUPPORT@TREND+358/CLOSED BELOW   
TARGETS: 348  (358-366)  371  383  395  PREMIUM MARKET   7TH DAY CORRECTION WAS DUE.       
NET COMMITMENTS: USER LONG-MORE LONG, FUND SHORT-MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-2ND REVISED+OPEN INTEREST-UP+HIGH VOLUME+W/STOCKS-DOWN 
TRADING: UP+ACCELERATED+BUYING+RESISTANCE@TREND+918+OLD HIGHS/CLOSED ABOVE  
TARGETS: 852  871  885  896  (918-941) PREMIUM MARKET   HIGHER CLOSE  4TH DAY OF MOVE  
NET COMMITMENTS: USER SHORT-LESS SHORT, FUND LONG-LESS LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE UP/LESS-2ND REVISED+OPEN INTEREST UP+HIGH VOLUME+W/STOCKS UP    
TRADING: DOWN+ACCELERATING+SELLING+BELOW TREND/CLOSED BELOW@SUPPORT ABOVE 442
TARGETS: (442-468)  488  503  533  562   PREMIUM MARKET  LOWER HIGH  5TH DAY OF MOVE       
NET COMMITMENTS: USER LONG-LESS LONG, FUND SHORT-LESS SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE UP /MORE-2ND REVISED+ OPEN INTEREST@ LONG TERM LOW+LOW VOLUME
TRADING: UP+DECELERATED+BUYING+RESISTANCE@TREND/CLOSED ABOVE+UP FROM 3RD REVISED  
TARGETS:  6810  7170  7440  (7650-8010)  8490  HIGHER LOW  HIGHER CLOSE  4TH DAY OF MOVE
NET COMMITMENTS:: USER SHORT-NOW SHORT, FUND LONG-NOW LONG = MORE VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/MORE-1ST REVISED+OPEN INTEREST UP/LESS+HIGH VOLUME
TRADING: UP+DECELERATED+NET BUYING+BELOW RESISTANCE@TREND+126                 
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOW 4TH DAY OF MOVE
NET COMMITMENTS: USER SHORT-LESS SHORT, FUND FLAT-NOW FLAT = LESS VOLATILE

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