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
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