Tuesday, May 31, 2016

Commodity Settlements/CME, MAY 31/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, PACE, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND UP-LESS SO, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: DOWN-ACCELERATED+SELLING-CORRECTION OF MOVE UP-POSSIBLE LIQUIDATION
OPEN INTEREST-DOWN, VOLUME-UP, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP TARGETS: 1027-1045-1067-1094  NET COMMITMENTS-VOLATILE-NO CHANGE
TRADING:UP-DECELERATING-NET SELLNG+PART OF A 2ND TOP@1094 AS RESISTANCE  
OPEN INTEREST-FLAT VOLUME-DOWN, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 CENT DAILY LIMIT                                        
TREND DOWN LESS SO, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE VOLATILE  
TRADING:DOWN+ACCELERATED+SELLING+TESTING TREND/465 SUPPORT-NEAR REVERSAL 
OPEN INTEREST-DOWN VOLUME-UP,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN LESS SO, TARGETS: 8025-7682-7545-7425. NET COMMITMENTS-LESS VOLATILE
TRADING: DOWN-ACCELERATED-SELLING-BELOW TREND/7682-OVERSOLD
OPEN INTEREST-DOWN, VOLUME-UP, FLAT FORWARD         
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-MORE VOLATILE 
TRADING: FLAT-ACCELERATED+MATCHED+GOOD RESISTANCE@TREND/LAST HIGHS
OPEN INTEREST-UP, VOLUME UP  PREMIUM FORWARD          CLOSED BELOWTREND

Friday, May 27, 2016

Commodity Settlements/CME, MAY 27/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, PACE, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND UP, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: UP, DECELERATED+BUYING-RESISTANCE@TREND+CONFIRMED BREAKOUT UP@401
OPEN INTEREST-DOWN, VOLUME-DOWN, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP TARGETS: 1027-1045-1067-1094  NET COMMITMENTS-VOLATILE-NO CHANGE
TRADING:FLAT-DECELERATED-NET BUYNG+MET RESISTANCE@TREND+CLOSED UP-BELOW 1094  
OPEN INTEREST-FLAT VOLUME-DOWN, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 CENT DAILY LIMIT                                        
TREND DOWN LESS SO, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE VOLATILE  
TRADING:UP+DECELERATED+MATCHED+ABOVE TREND+MET RESISTANCE@LAST HIGHS 
OPEN INTEREST-DOWN VOLUME-DOWN,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN LESS SO, TARGETS: 8025-7682-7545-7425. NET COMMITMENTS-LESS VOLATILE
TRADING: DOWN-DECELERATED-NET SELLING-BELOW TREND-LOWER HIGH+CLOSED DOWN@7682
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD         TESTED 7682 AS SUPPORT
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-MORE VOLATILE 
TRADING: FLAT-DECELERATED+MATCHED+TREND AS SUPPORT+HIGHS AS RESISTANCE
OPEN INTEREST-UP, VOLUME DOWN  PREMIUM FORWARD         CLOSED ABOVE TREND

Thursday, May 26, 2016

Commodity Settlements/CME, MAY 26/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, PACE, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND UP, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: UP, ACCELERATING+BUYING-RESISTANCE@TREND+401+TESTED/CLOSED ABOVE
OPEN INTEREST-UP, VOLUME-UP, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-VOLATILE
TRADING:UP-DECELERATED-NET SELLNG+RESISTANCE@HIGHS/CLOSED BELOW1094+TREND   
OPEN INTEREST-UP VOLUME-FLAT, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 CENT DAILY LIMIT                                        
TREND DOWN REVISED LESS, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING:UP+ACCELERATED+BUYING+RESISTANCE@TREND+465 TESTED/CLOSED ABOVE 
OPEN INTEREST-FLAT VOLUME-UP,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: UP-ACCELERATING-NET BUYING-ABOVE TREND+TESTED/CLOSED ABOVE RESISTANCE@1262 
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD           OVERBOUGHT
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-VOLATILE 
TRADING: FLAT-+ACCELERATED+BUYING+TREND AS SUPPORT+HIGHS AS RESISTANCE
OPEN INTEREST-UP, VOLUME UP  PREMIUM FORWARD         CLOSED LOWER ABOVE TREND

Wednesday, May 25, 2016

Commodity Settlements/CME, MAY 25/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE/LENGTH OF PRICE RANGE, PREVAILING ACTIVITY, 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND CONSOLIDATION, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: UP, NARROW+BUYING-PENETRATED RESISTANCE NEED HIGHER CLOSE GO FURTHER
OPEN INTEREST-UP, VOLUME-UP, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-VOLATILE
TRADING:UP+MODERATE-BUYING+RECONFIRMED ORIGINAL TREND RESISTANCE+CLOSED UP  
OPEN INTEREST-UP VOLUME-UP, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 cent daily limit                                                       
TREND DOWN REVISED UP, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING:FLAT+NARROWED+NET BUYING+465 AS RESISTANCE+BELOW TREND+CLOSED UP
OPEN INTEREST-UP VOLUME-DOWN,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: UP-NARROW-BUYING-TREND AS SUPPORT+7682 AS RESISTANCE 
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD      CLOSED UP
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-VOLATILE 
TRADING: UP-NARROW+MATCHED+ABOVE TREND+145+RESISTANCE AT PREVIOUS HIGH
OPEN INTEREST-UP, VOLUME UP  PREMIUM FORWARD         CLOSED UP

Tuesday, May 24, 2016

Commodity Settlements/CME, MAY 24/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE/LENGTH OF PRICE RANGE, PREVAILING ACTIVITY, 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND CONSOLIDATION, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: UP, NARROW RANGE+MATCHED SELLING-GOOD RESISTANCE@401+PREVIOUS HIGH
OPEN INTEREST-UP, VOLUME-DOWNDOWN, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP REVISED DOWN TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-VOLATILE
TRADING: DOWN+MODERATE-MATCHED INSIDE 1067-1945+REVISING TREND WITH A NEW LOW  
OPEN INTEREST-DOWN VOLUME-DOWN, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 cent daily limit                                                       
TREND DOWN REVISED UP, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING: DOWN-NARROW+NET BUYING DOWNSIDE OF 1065+WELL BELOW REVISED TREND
OPEN INTEREST-UP VOLUME-UP,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: FLAT-NARROW-TRADE OFF-DOWNSIDE OF TREND+SUPPORT MID 7682-7545 
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD  
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-VOLATILE 
TRADING: UP-NARROW+MATCHED+ON TREND AS SUPPORT-ABOVE 145
OPEN INTEREST-UP, VOLUME-DOWN  PREMIUM FORWARD

Monday, May 23, 2016

Commodity Settlements/CME, MAY 23/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE/LENGTH OF PRICE RANGE, PREVAILING ACTIVITY, 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND CONSOLIDATION, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: MOVE FLAT-RANGE NARROW-BUYING+@HIGH  BELOW RESISTANCE@401
OPEN INTEREST-DOWN, VOLUME-DOWN, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-NEUTRAL
TRADING: MOVE FLAT-RANGE WIDENED-NET SELLING-INSIDE 1045-1094+AWAY FROM TREND  
OPEN INTEREST-FLAT VOLUME-DOWN, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 cent daily limit                                                       
TREND DOWN, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING: MOVE DOWN-RANGE NARROWED+SELLING+TOWARD STRONG SUPPORT@1065
OPEN INTEREST-FLAT, VOLUME-DOWN,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: MOVE DOWN-NARROWED-TRADE OFF-BELOW TREND+MET SUPPORT ABOVE 7545 
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD  LOWER HIGHS
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-VOLATILE 
TRADING: MOVE DOWN-RANGE NARROWED+SELLING+ON SUPPORT@TREND-ABOVE 145
OPEN INTEREST-UP,, VOLUME-DOWN  PREMIUM FORWARD

Commodity Settlements/CME, MAY 23/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE/LENGTH OF PRICE RANGE, PREVAILING ACTIVITY, 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND CONSOLIDATION, TARGETS: 384-391-401-419. NET COMMITMENTS-MORE VOLATILE
TRADING: MOVE FLAT-RANGE NARROW-BUYING+@HIGH  BELOW RESISTANCE@401
OPEN INTEREST-DOWN, VOLUME-DOWN, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-NEUTRAL
TRADING: MOVE FLAT-RANGE WIDENED-NET SELLING-INSIDE 1045-1094+AWAY FROM TREND  
OPEN INTEREST-FLAT VOLUME-DOWN, WORLD STOCKS-DOWN, DISCOUNT FORWARD 
WHEAT/ZWN16: 40 cent daily limit                                                       
TREND DOWN, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING: MOVE DOWN-RANGE NARROWED+SELLING+TOWARD STRONG SUPPORT@1065
OPEN INTEREST-FLAT, VOLUME-DOWN,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: MOVE DOWN-NARROWED-TRADE OFF-BELOW TREND+MET SUPPORT ABOVE 7545 
OPEN INTEREST-DOWN VOLUME-DOWN, FLAT FORWARD  LOWER HIGHS
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-VOLATILE 
TRADING: MOVE DOWN-RANGE NARROWED+SELLING+ON SUPPORT@TREND-ABOVE 145
OPEN INTEREST-UP,, VOLUME-DOWN  PREMIUM FORWARD

Saturday, May 21, 2016


Commodity Settlements/CME, MAY 120/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE/LENGTH OF PRICE RANGE, PREVAILING ACTIVITY, VS TREND, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND FLAT, TARGETS: 384-391-401-419. FLAT HIGHS NET COMMITMENTS-MORE VOLATILE
TRADING: MOVE FLAT-RANGE NARROWED-BUYING+RESISTANCE BELOW TREND-401
OPEN INTEREST-DOWN, VOLUME-DOWN, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD
SOYBEANS/ZSN16 70 CENT DAILY LIMIT
TREND UP, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-NEUTRAL
TRADING: MOVE UP-RANGE NARROWED-SELLING-RESISTANCE@1094+SUPPORT@TREND-1067  
OPEN INTEREST-FLAT VOLUME-UP, WORLD STOCKS-DOWN, FLAT-DISCOUNT FORWARD 
WHEAT/ZWN16: 40 cent daily limit                                                       
TREND DOWN, TARGETS: 511-465-447-430.  NET COMMITMENTS: LESS VOLATILE  
TRADING: MOVE DOWN-RANGE NARROWED+SELLING+BELOW TREND+TESTED SUPPORT@465
OPEN INTEREST-FLAT, VOLUME-DOWN,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-LESS VOLATILE
TRADING: MOVE FLAT-RANGE NARROWED-SELLING-BELOW TREND+CLOSED BELOW 7682
OPEN INTEREST-UDOWN VOLUME-DOWN, FLAT FORWARD  LOWER HIGH
HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-MORE VOLATILE 
TRADING: MOVE UP-RANGE NARROWED+BUYING+ABOVE TREND-145
OPEN INTEREST-UP,, VOLUME-UP  PREMIUM FORWARD

Thursday, May 19, 2016


Commodity Settlements/CME, MAY 19/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE RE; DIRECTION, MOMENTUM, ACTIVITY, TREND, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND FLAT, TARGETS: 375-384-401-419. FLAT HIGHS NET COMMITMENTS-LESS MOMENTUM
TRADING: DOWN-MORE MOMENTUM-SELLING+TOWARD FLAT LOWS+RESISTANCE@HIGHS
OPEN INTEREST-UP, VOLUME-UP, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD

soybeans/zsn16: 70 CENT DAILY LIMIT
TREND UP, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-MORE MOMENTUM
TRADING: DOWN-MORE MOMENTUM-MATCHED BUYING+TO TREND AS RESISTANCE  
OPEN INTEREST-DOWN VOLUME-UP, WORLD STOCKS-DOWN, FLAT-LOWER FORWARD 

wheat/zwn16: 40 cent daily limit                                                       
TREND DOWN, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE MOMENTUM  
TRADING: DOWN-MORE MOMENTUM+SELLING-LOWER HIGH+TESTED 465 SUPPORT
OPEN INTEREST-DOWN, VOLUME-UP,  FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        

CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-MORE MOMENTUM
TRADING: DOWN-MORE MOMENTUM-SELLING-BELOW TREND+CLOSED BELOW 7682
OPEN INTEREST-UP, VOLUME-UP, FLAT FORWARD  LOWER HIGH

HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-FLAT MOMENTUM 
TRADING: FLAT-LESS MOMENTUM BUYING+TREND AS SUPPORT+LOOKS TOPPY
OPEN INTEREST-UP,, VOLUME-DOWN  PREMIUM FORWARD

Wednesday, May 18, 2016

Commodity Settlements/CME, MAY 18/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE RE; DIRECTION, MOMENTUM, ACTIVITY, TREND, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND FLAT, TARGETS: 375-384-401-419. FLAT LOWS NET COMMITMENTS-LESS MOMENTUM
TRADING: UP-LESS STRENGTH-NET BUYING+DOUBLE RESISTANCE @ HIGH + @ (401)
OPEN INTEREST-UP, VOLUME-FLAT, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD

SOYBEANS/ZSN16: 70 CENT DAILY LIMIT
TREND UP, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-MORE MOMENTUM
TRADING: UP-FLAT STRENGTH-NET SELLING-RESISTANCE BELOW 1094+ON TREND   
OPEN INTEREST-UP, VOLUME-UP, WORLD STOCKS-DOWN, FLAT-LOWER FORWARD 

wheat/zwn16: 40 cent daily limit                                                       
TREND DOWN, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE MOMENTUM  
TRADING: FLAT-LESS STRENGTH-TRADE OFF-FLAT LOWER HIGHS-;LOOKS TOPPY   
OPEN INTEREST-DOWN, VOLUME-FLAT FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        

CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-MORE MOMENTUM
TRADING: DOWN-FLAT STRENGTH-SELLING-TREND TO 7682+LAST LOW (SUPPORT)
OPEN INTEREST-DOWN, VOLUME-UP, FLAT FORWARD  LOWER HIGH

HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 134-139-145-165. NET COMMITMENTS-FLAT MOMENTUM 
TRADING: UP-MORE STRENGTH+TRADE OFF+TREND AS SUPPORT+CLOSED ABOVE 145 
OPEN INTEREST-UP,, VOLUME-UP  PREMIUM FORWARD

Tuesday, May 17, 2016

Commodity Settlements/CME, MAY 17/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE RE; DIRECTION, MOMENTUM, ACTIVITY, TREND, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/ZCN16: 30 CENT DAILY LIMIT                                           
TREND FLAT, TARGETS: 402-370-357-346. FLAT LOWS NET COMMITMENTS-LESS MOMENTUM
TRADING: UP-LESS STRENGTH-BUYING+MET RESISTANCE AT LAST HIGH (395)/CLOSED ABOVE 
OPEN INTEREST-DOWN, VOLUME-UP, FREE WORLD STOCKS-DOWN,  PREMIUM FORWARD

SOYBEANS/ZSN16: 70 CENT DAILY LIMIT
TREND HIGHER, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-MORE MOMENTUM
TRADING: UP-MORE STRENGTH-NET BUYING-THROUGH/CLOSED ABOVE TREND AND 1067   
OPEN INTEREST-UP, VOLUME-UP, WORLD STOCKS-DOWN, FLAT-LOWER FORWARD 

wheat/zwn16: 40 cent daily limit                                                       
TREND LOWER, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE MOMENTUM  
TRADING: UP-MORE STRENGTH-NET BUYING-REVISING TREND TO LESS BEARISH   
OPEN INTEREST-DOWN, VOLUME-UP, FREE WORLD STOCKS-DOWN, PREMIUM FORWARD        

CANADIAN DOLLAR/USD:/D6M16 4.00 DOLLAR DAILY LIMIT-   
TREND LOWER, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-MORE MOMENTUM
TRADING: UP-M0RE STRENGTH-NET SELLING-BROKE RESISTANCE/CLOSED BELOW TREND
OPEN INTEREST-UP, VOLUME-UP, FLAT FORWARD           HIGHER LOW

HEATING OIL (ULSD)HON16 25 CENT DAILY LIMIT
TREND UP, TARGETS: 116-126-139-146. NET COMMITMENTS-FLAT MOMENTUM 
TRADING: UP-LESS STRENGTH+BUYING+TESTED RESISTANCE@TREND+146/CLOSED ABOVE 
OPEN INTEREST-UP,, VOLUME-DOWN  PREMIUM FORWARD

Friday, May 13, 2016

Commodity Settlements/CME, MAY 13/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE RE; DIRECTION, MOMENTUM, ACTIVITY, TREND, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/CN: 30 CENT DAILY LIMIT                                           
TREND DOWNWARD, TARGETS: 402-370-357-346.  NET COMMITMENTS-LESS MOMENTUM
TRADING: UP-DECELERATING-SHORT COVERING+RESISTANCE AT TREND + LAST HIGH 
OPEN INTEREST-LOWER, VOLUME-LOWER, WORLD STOCKS-LOWER,  PREMIUM FORWARD

SOYBEANS/SN: 70 CENT DAILY LIMIT
TREND UPWARD, TARGETS: 1027-1045-1067-1094   NET COMMITMENTS-MORE MOMENTUM
TRADING: DOWN-DECELERATING-NET LIQUIDATION-@TREND+THROUGH  SUPPORT @ 1067   
OPEN INTEREST-LOWER, VOLUME-FLAT, WORLD STOCKS-LOWER, FLAT-LOWER FORWARD 

wheat/wn: 40 cent daily limit                                                       
TREND DOWNWARD, TARGETS: 511-465-447-430.  NET COMMITMENTS: MORE MOMENTUM  
TRADING: UP-ACCELERATING-MIXED BUYING-FROM TREND AS SUPPORT-ABOVE 465   
OPEN INTEREST-FLAT, VOLUME-HIGHER, WORLD STOCKS-HIGHER, PREMIUM FORWARD        

CANADIAN DOLLAR/USD:/CDM 4.00 DOLLAR DAILY LIMIT-   
TREND DOWNWARD, TARGETS: 8025-7682-7545-7425.  NET COMMITMENTS-MORE MOMENTUM
TRADING: DOWN-ACCELERATED-NET SHORT SELLING-BELOW TREND+ BELOW 7682-
OPEN INTEREST-UP, VOLUME-LOWER, FLAT FORWARD         LOWER HIGH  OVERSOLD

HEATING OIL (ULSD)HOM 25 CENT DAILY LIMIT
TREND UPWARD, TARGETS: 116-126-139-146. NET COMMITMENTS-FLAT MOMENTUM 
TRADING: UP-DECELERATING+NET BUYING+TESTED/CLOSED ABOVE 139 BELOW TREND
OPEN INTEREST-UP,, VOLUME-LOWER  PREMIUM FORWARD

Thursday, May 12, 2016

Commodity Settlements/CME, MAY 12/2016 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, FORCE, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/CN: 30 CENT DAILY LIMIT                                           
TREND DOWN, MOVE UP-DECELERATING-BUYING-TREND-DIRECTION TO BE CONFIRMED 
PROJECTED: DOWN 357-346  UP 370-403, NET COMMITMENTS: VOLATILE-NO CHANGE
INVESTMENT-DOWN, VOLUME-HIGHER, WORLD STOCKS-LOWER,  PREMIUM FORWARD
SOYBEANS/SN: 70 CENT DAILY LIMIT
TREND UP, MOVE DOWN-DECELERATING-NET SELLING-LOWER HIGH-LOOKS TOPPY@1094
PROJECTED UP: 1067-1094,  DOWN: 1045-1027  NET COMMITMENTS: MORE VOLATILE   
INVESTMENT-DOWN, VOLUME-HIGHER, WORLD STOCKS-LOWER, FLAT-LOWER FORWARD 
wheat/wn: 40 cent daily limit                                                       
TREND DOWN, MOVE UP-ACCELERATED-BUYING-AT TREND, DIRECTION TO BE CONFIRMED 
PROJECTED DOWN: 451-439, UP 465-500  NET COMMITMENTS: VIRTUALLY FLAT
INVESTMENT-UP, VOLUME-HIGHER, WORLD STOCKS-HIGHER, PREMIUM FORWARD        
CANADIAN DOLLAR/USD4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, MOVE UP+ACCELERATING-NET BUYING-FIRST RALLY IN NEW TREND
PROJECTED DOWN 7545-7425, UP 7682-8025  NET COMMITMENTS: MORE VOLATILE
INVESTMENT-FLAT, VOLUME-FLAT, FLAT FORWARD 
HEATING OIL (ULSD)HOM 25 CENT DAILY LIMIT
TREND DOWN, MOVE VIRTUALLY FLAT-DECELERATED=BUYING TOWARD PREVIOUS HIGH
PROJECTED DOWN 126-116, UP  139-146  NET COMMITMENTS: MORE VOLATILE                 
INVESTMENT-UP, VOLUME-HIGHER  PREMIUM FORWARD

Wednesday, May 11, 2016

Commodity Settlements/CME, MAY 11/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, FORCE, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/CN: 30 CENT DAILY LIMIT                                           
TREND DOWN, MOVE FLAT-DECELERATED-NET SELLING-BELOW TREND-SUPPORT@370 DAY 3 
PROJECTED: DOWN 357-346  UP 370-403, NET COMMITMENTS: VOLATILE-NO CHANGE
INVESTMENT-HIGHER, VOLUME-LOWER, WORLD STOCKS-LOWER,  PREMIUM FORWARD
SOYBEANS/SN: 70 CENT DAILY LIMIT
TREND UP, MOVE FLAT-DECELERATED-SELLING-BELOW TREND-SUPPORT @1027-DAY 3
PROJECTED UP: 1067-1094,  DOWN: 1045-1027  NET COMMITMENTS: MORE VOLATILE   
INVESTMENT-UP, VOLUME-LOWER, WORLD STOCKS-LOWER, FLAT-LOWER FORWARD 
wheat/wn: 40 cent daily limit                                                       
TREND DOWN, MOVE FLAT-DECELERATED-SELLING BELOW TREND-465 SUPPORT--DAY 4 
PROJECTED DOWN: 451-439, UP 465-500  NET COMMITMENTS: LESS VOLATILE
INVESTMENT-FLAT/UP, VOLUME-LOW, WORLD STOCKS-HIGHER, PREMIUM FORWARD        
CANADIAN DOLLAR/USD4.00 DOLLAR DAILY LIMIT-   
TREND DOWN, MOVE UP+ACCELERATED-BUYLING ABOVE TREND RESISTANCE@7818-DAY 6
PROJECTED DOWN 7726-7650, UP 7818-7930  NET COMMITMENTS: MORE VOLATILE
INVESTMENT-FLAT, VOLUME-FLAT, FLAT FORWARD 
HEATING OIL (ULSD)HOM 25 CENT DAILY LIMIT
TREND DOWN, MOVE UP-ACCELERATED=BUYING ABOVE TREND-RESISTANCE@139 DAY 2
PROJECTED DOWN 126-116, UP  139-146  NET COMMITMENTS: MORE VOLATILE                 
INVESTMENT-FLAT, VOLUME-HIGHER  PREMIUM FORWARD
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