Commodity Settlements/CME, JUNE 21/2016 TUESDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING

TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)

TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 

TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    QUOTED AS 40 CENTS FOR TOMORROW'S TRADING
TREND DOWN/NEW, TARGETS: 424-418-407-399-386.  MAJOR CORRECTION  

TRADING: DOWN-GAINED MOMENTUM-SELLING-MET SUPPORT/CLOSED@407-BELOWTREND

VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT          INCREASED MOMENTUM CONTINUES         

TREND DOWN/NEW, TARGETS: 1077-1050-1004-968      TEST OF TREND RESISTANCE

TRADING: DOWN-GAINED MOMENTUM-NET SELLING-MET SUPPORT@PREVIOUS LOW

VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT              INCREASED MOMENTUM RETURNS           
TREND DOWN/NEW, TARGETS: 463-445-415-391         

TRADING: DOWN-GAINED MOMENTUM-SELLING-TREND AS RESISTANCE+LAST LOW AS SUPPORT

VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT 
TREND DOWN/LESS, TARGETS: 7867-7810-7745-7582,                  OVERSOLD 

TRADING: UP-LOST MOMENTUM-MATCHED SELLING-BELOW TREND AT 7810 AS RESISTANCE

VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE
       

HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   

TREND UP/LESS, TARGETS: 134-139-145-149-154.                        OVERSOLD

TRADING: FLAT-FLAT MOMENTUM-MATCHED BUYING-RESISTANCE HELD@149

VOLUME UP/OPEN INTEREST DOWN-FLAT LOW-LOWER CLOSE