Tuesday, June 07, 2016

Commodity Settlements/CME, JUNE 7/2016 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/JULY16: 30 CENT DAILY LIMIT                                           
TREND UPWARD, TARGETS: 391-401-419-454. NET COMMITMENTS-MORE SPECULATIVE
TRADING: FLAT-DECELERATING+MIXED BUYING-ALONG TREND-CLOSED FLAT
OPEN INTEREST-LOWER+VOLUME-HIGHER, FREE W/STOCKS-LOWER,  PREMIUM FORWARD
SOYBEANS/JULY16 70 CENT DAILY LIMIT
TREND UPWARD TARGETS: 960-998-1075-1152  NET COMMITMENTS-MORE SPECULATIVE
TRADING:LOWER-DECELERATING-NET BUYING BELOW1152 ABOVE TREND-OVERBOUGHT 
OPEN INTEREST-LOWER+VOLUME-HIGHER, WORLD STOCKS-LOWER, DISCOUNT FORWARD 
WHEAT/JULY16: 40 CENT DAILY LIMIT                                        
TREND UPWARD, TARGETS: 488-503-533-562.  NET COMMITMENTS: FLAT, NEUTRAL  
TRADING:HIGHER+DECELERATED+MIXED BUYING-ABOVE TREND/503-OVRTBOUGHT 
OPEN INTEREST-LOWER VOLUME-FLAT  FREE WORLD STOCKS-LOWER, PREMIUM FORWARD        
CANADIAN DOLLAR/USD:/JUNE16 4.00 DOLLAR DAILY LIMIT-   
TREND UPWARD, TARGETS: 7867-7962-8152-8343, NET COMMITMENTS-MORE SPECULATIVE
TRADING: UP-DECELERATED-NET BUYING-MET RESISTANCE@OLD HIGHS
OPEN INTEREST-LOWER, VOLUME-HIGHER,          HIGHER LOW
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT
TREND UPWARD, TARGETS: 134-139-145-149-165. NET COMMITMENTS-VIRTUALLY FLAT 
TRADING: HIGHER ACCELERATED+BUYING-REURNING TO TREND ABOVE RESISTANCE@HIGHS
OPEN INTEREST-LOWER, VOLUME LOWER  PREMIUM FORWARD        HIGHER LOWS–
Post a Comment
Google+