Big Pat's farm commodities analysis. Get the best and most current analysis of trends, trading, targets for corn, wheat, soybeans, heating oil, Canadian Dollar.
Monday, October 31, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 31/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MOVE/DAY 5 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: DOWN DOWNSIDE 356/RESISTANCE-EXPANDED-OFFSET SELLING-BELOW TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DAY 2 OF PROJECTED 6-DOWN
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/AUG 17
TRADING: DOWN UPSIDE 1006/SUPPORT-CONTRACTING-MATCHED BELOW TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DAY 4 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/DEC 18
TRADING: FLAT TESTING 411/SUPPORT-CONTRACTED-NET BUYING-ON TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DAY 4 OF PROJECTED 6
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: FLAT TESTED MINOR TREND/SUPPORT-CONTRACTED-SELLING-BELOW MAJOR TREND
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DAY 2-LOWER HIGH
TREND: UP/LESS TARGETS: 136-144-151-156-159, PREMIUM MARKET 2016/FED 18
TRADING: DOWN TESTED 151/SUPPORT-EXPANDED-SELLING-TESTED TREND/SUPPORT
Sunday, October 30, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 28/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MOVE/DAY 4 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: -FLAT@356/RESISTANCE-CONTRACTED-NET SELLING-BELOW TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DAY 1 OF PROJECTED 6-DOWN
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/AUG 17
TRADING: DOWN BELOW 1030/RESISTANCE-CONTRACTING-SELLING-DOWNSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DAY 3 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/DEC 18
TRADING: DOWN THROUGH 411/SUPPORT-EXPANDED-SELLING-THROUGH TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DAY 3 OF PROJECTED 6
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: DOWN BELOW 7503/RESISTANCE-EXPANDED-MATCHED-BELOW TREND
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DAY 1-LOWER HIGH
TREND: UP/LESS TARGETS: 151-156-159-164, PREMIUM MARKET 2016/FED 18
TRADING: DOWN TESTING 156/SUPPORT-NO CHANGE-SELLING-ABOVE TREND
Thursday, October 27, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 27/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT RESISTANCE@PREVIOUS HIGHS-TESTED
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-BUYING..DOWNSIDE TREND-TESTED/CLOSED ABOVE 356
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT RESISTANCE@PREVIOUS HIGHS-TESTED
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET BUYING..UPSIDE TREND-MET RESISTANCE/1030
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT DAY 3 OF PROJECTED 6 DAY MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING..UPSIDE TREND/411
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-NET SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/LESS TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/NO CHANGE-NET BUYING-BELOW TREND-MET 159/RESISTANCE
Wednesday, October 26, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 26/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/EXPANDEDED-NET BUYING..BELOW TREND-MET 356/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT BROKE RESISTANCE-INTEREST FLAT-2 DAYS
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: FLAT/EXPANDED-BUYING..DOWNSIDE TREND CLOSE OVER 1006/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT UP FROM HIGHER LOW
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/EXPANDED-BUYING..TESTED/CLOSED OVER TREND + 411/RESISTANCE
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPZNDED-NET SELLING..DOWNSIDE TREND-BELOW 7503/RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET SELLING-BELOW TREND-TESTING 156/SUPPORT
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/EXPANDEDED-NET BUYING..BELOW TREND-MET 356/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT BROKE RESISTANCE-INTEREST FLAT-2 DAYS
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: FLAT/EXPANDED-BUYING..DOWNSIDE TREND CLOSE OVER 1006/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT UP FROM HIGHER LOW
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/EXPANDED-BUYING..TESTED/CLOSED OVER TREND + 411/RESISTANCE
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPZNDED-NET SELLING..DOWNSIDE TREND-BELOW 7503/RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET SELLING-BELOW TREND-TESTING 156/SUPPORT
Tuesday, October 25, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 25/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-OFFSET SELLING--BELOW TREND OVER 346 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT RESISTANCE@OLD HIGHS HOLDING
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-OFFSET BUYING-DOWNSIDE TREND OVER 975 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 402 SUPPORT SLOWED MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET BUYING-BELOW TREND TESTED 402 SUPPORT
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST HAS RALLIED=POSITIVE
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: UP/CONTRACTED-NET SELLING..DOWNSIDE TREND-TESTED 7503 RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM FLAT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-BELOW TREND/CLOSED BELOW 159
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-OFFSET SELLING--BELOW TREND OVER 346 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT RESISTANCE@OLD HIGHS HOLDING
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-OFFSET BUYING-DOWNSIDE TREND OVER 975 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 402 SUPPORT SLOWED MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET BUYING-BELOW TREND TESTED 402 SUPPORT
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST HAS RALLIED=POSITIVE
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: UP/CONTRACTED-NET SELLING..DOWNSIDE TREND-TESTED 7503 RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM FLAT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-BELOW TREND/CLOSED BELOW 159
Monday, October 24, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 24/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOWER HIGH AT TOP
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-NET SELLING--CLOSED BELOW SUPPORT@LOWS/346
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT HIGHER LOWS
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-NET BUYING-MET RESISTANCE@OLD HIIGHS/CLOSED FLAT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOWER HIGHS
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-TESTED/CLOSED BELOW TREND@402
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOWER HIGHS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM DECELERATED
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED-NET SELLING-CLOSED BELOW TREND/SUPPORT@159
SOYBEANS/SX16: 65 CENT DAILY LIMIT HIGHER LOWS
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-NET BUYING-MET RESISTANCE@OLD HIIGHS/CLOSED FLAT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOWER HIGHS
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-TESTED/CLOSED BELOW TREND@402
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOWER HIGHS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM DECELERATED
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED-NET SELLING-CLOSED BELOW TREND/SUPPORT@159
Thursday, October 20, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 20/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT VIRTUAL REVERSAL-LOWER CLOSE
TREND: UP/MORE, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED SELLING-PENETRATED/CLOSED BELOW TREND/356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT ROUNDING TOP/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-SELLING-PENETRATED/CLOSED BELOW TREND/975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATING/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-DRIFTING OFF TREND NEAR-411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 2 OF LEG DOWN
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..AWAY FROM TREND@7558 SUPPORT
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MADE TOP/CLOSED GAP
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-BELOW TREND@156 SUPPORT
SOYBEANS/SX16: 65 CENT DAILY LIMIT ROUNDING TOP/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-SELLING-PENETRATED/CLOSED BELOW TREND/975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATING/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-DRIFTING OFF TREND NEAR-411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 2 OF LEG DOWN
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..AWAY FROM TREND@7558 SUPPORT
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MADE TOP/CLOSED GAP
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-BELOW TREND@156 SUPPORT
Wednesday, October 19, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 19/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MAKING A TOP AT 356
TREND: UP/MORE, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED FLAT-NET BUYING ON TREND-HIGH AT 356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MAKING A NEW HIGH
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-BUYING-OFF TREND-CLOSED UP ABOVE 975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONFIRMING A NEW HIGH
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-OFFSET BUYING-OFF TREND-SUPPORT NEAR 411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPANDED FLAT-OFFSET SELLING..OFF TREND-7690 TO 7613
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT GAP UP-REVERSAL SIGNAL?
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED FLAT-OFFSET SELLING-RESISTANCE@TREND/159
SOYBEANS/SX16: 65 CENT DAILY LIMIT MAKING A NEW HIGH
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-BUYING-OFF TREND-CLOSED UP ABOVE 975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONFIRMING A NEW HIGH
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-OFFSET BUYING-OFF TREND-SUPPORT NEAR 411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPANDED FLAT-OFFSET SELLING..OFF TREND-7690 TO 7613
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT GAP UP-REVERSAL SIGNAL?
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED FLAT-OFFSET SELLING-RESISTANCE@TREND/159
Tuesday, October 18, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 18/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-MATCHED-STADLING TREND-MET RESISTANCE@356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET SELLING-DOWNSIDE TREND-MET RESISTANCE@HIGHS
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-SELLING-DRIFTING BESIDE TREND-BELOW 429
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION MOMENTUM
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: UP/EXPANDED-OFFSET SELLING..DOWNSIDE TREND-MET RESISTANCE@7690/HIGH
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING-BELOW TREND-STRADLING 156
SOYBEANS/SX16: 65 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET SELLING-DOWNSIDE TREND-MET RESISTANCE@HIGHS
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-SELLING-DRIFTING BESIDE TREND-BELOW 429
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION MOMENTUM
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: UP/EXPANDED-OFFSET SELLING..DOWNSIDE TREND-MET RESISTANCE@7690/HIGH
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING-BELOW TREND-STRADLING 156
Monday, October 17, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 17/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOW SALES
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-OFFSET SELLING AT 356-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MODERATE SALES
TREND: UP/NEW, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING RANGE: UP/CONTRACTED-BUYING-THROUGH/CLOSED ABOVE 975 UPSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW SALES
TREND: UP/NEW, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-NET BUYING-HIGH AT 429-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOW SALES
TREND: UP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT/CONTRACTED-OFFSET BUYING..HIGH AT 7628-UPSIDE TREND
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MODERATE SALES
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: DOWN/CONTRACTED-NET SELLING-TESTED/CLOSED@156 BELOW TREND
SOYBEANS/SX16: 65 CENT DAILY LIMIT MODERATE SALES
TREND: UP/NEW, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING RANGE: UP/CONTRACTED-BUYING-THROUGH/CLOSED ABOVE 975 UPSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW SALES
TREND: UP/NEW, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-NET BUYING-HIGH AT 429-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOW SALES
TREND: UP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT/CONTRACTED-OFFSET BUYING..HIGH AT 7628-UPSIDE TREND
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MODERATE SALES
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: DOWN/CONTRACTED-NET SELLING-TESTED/CLOSED@156 BELOW TREND
Friday, October 14, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 14/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP/CONTRACTED-NET BUYING-UPSIDE TREND-CLOSE UP BELOW 346
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT STOPPED AT RESISTANCE LEVEL OF 3 HIGHS
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: UP/REPEATED-NET BUYING-HIGHER LOW-CLOSE UP ABOVE TREND/954
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP/EXPANDED-BUYING-NET FROM HIGHER LOW-CLOSE UP ABOVE 417
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP/TESTED RESISTANCE AT 7688
TREND: UP/NEW-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: UP-REPEATED-NET BUYING..HIGHER LOW-CLOSE UP AT 7628
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT ROUNDED TOP AT 159-NOW A DRIFT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/EXPANDED-NET SELLING-DOWNSIDE TREND-CLOSE DOWN AT 156
FARM COMMODITY SETTLEMENTS OCTOBER 14/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP/CONTRACTED-NET BUYING-UPSIDE TREND-CLOSE UP BELOW 346
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT STOPPED AT RESISTANCE LEVEL OF 3 HIGHS
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: UP/REPEATED-NET BUYING-HIGHER LOW-CLOSE UP ABOVE TREND/954
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP/EXPANDED-BUYING-NET FROM HIGHER LOW-CLOSE UP ABOVE 417
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP/TESTED RESISTANCE AT 7688
TREND: UP/NEW-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: UP-REPEATED-NET BUYING..HIGHER LOW-CLOSE UP AT 7628
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT ROUNDED TOP AT 159-NOW A DRIFT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/EXPANDED-NET SELLING-DOWNSIDE TREND-CLOSE DOWN AT 156
Thursday, October 13, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 13/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MET RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP-CONTINUING-BUYING-TO DOWNSIDE TREND-ABOVE 346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MET PREVIOUS SUPPORT AT 943
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: DOWN-CONTRACTED-NET BUYING--CONTINUED UPSIDE TREND
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT MET NEW RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP-CONTRACTED-BUYING-FROM HIGHER LOW THROUGH HIGHS
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP THROUGH RESISTANCE AT 7558
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT-EXPANDED-NET BUYING..ONSIDE/CLOSED UP ABOVE TREND
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MET SUPPORT AT 156
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT-CONTRACTED-NET BUYING-DRIFTING LOWER BELOW TREND
Wednesday, October 12, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 12/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT 5TH FLAT HIGH
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING RANGE: DOWN EXPANDED NET SELLING-DOWNSIDE TREND/346 RESISTANCE
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT 5TH LOWER HIGH
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: FLAT-EXPANDED-NET SELLING--UPSIDE TREND/943 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 2ND FLAT LOW
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT-EXPANDED-NET SELLING-UPSIDE TREND/402 SUPPORT
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 5TH LOWER HIGH
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING RANGE: DOWN-CONTRACTED-EVEN OFFSET-ONSIDE TREND/7558 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT 6TH FLAT HIGH @ 159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING RANGE: DOWN-EQUAL-NET SELLNG--THROUGH TREND TO 156 SUPPORT
Tuesday, October 11, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 11/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT HIGHER LOW DAY 1 OF MOVE
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: UP NET BUYING-CONTINUATION--RESISTANCE/CLOSE@TREND/346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT DAY 6 OF MOVE
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: FLAT-OFFSET SELLING-DECELERATION--TESTED/CLOSED FLAT@954
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT DAY 6 OF MOVE
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: UP-NET BUYING-DECELERATION-RESISTANCE/CLOSED UP@407
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 3 OF MOVE
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: FLAT-NET SELLING-DECELERATION--TESTED/CLOSED@7558 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 5
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: FLAT-NET SELLNG-DECELERATION--TESTED/CLOSED@TREND SUPPORT
Monday, October 10, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 10/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT SUPPORT@PREVIOUS LOWS
TREND: UP/LESS, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: FLAT NET BUYING-CONTINUATION--RESISTANCE/CLOSED UP BELOW 346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT SUPPORT@TREND
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: DOWN-OFFSET SELLING-DECELERATION--CLOSED DOWN@954
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATION INSIDE 393-407
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: UP-NET BUYING-ACCELERATION-TESTED/CLOSED UP ABOVE TREND/402
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. RESISTANCE BELOW 7698
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: UP-NET BUYING-ACCELERATION--TESTED/CLOSED ABOVE TREND/7558
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 4
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: UP-NET BUYING-ACCELERATION--TESTED/CLOSED ABOVE TREND/159
Sunday, October 09, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 7/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT NEW MOVE DOWN MET 1ST SUPPORT
TREND: UP/LESS, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: FLAT OFFSET SELLING-DECELERATION--DOWNSIDE TREND/346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT NEW MOVE UPSIDE MAJOR TREND
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: UP-OFFSET SELLING-ACCELERATION--MET SUPPORT@TREND/956
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT HIGHER LOWS DAY 2 FROM 393 BOTTOM
TREND: DOWN/LESS, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: FLAT-NET SELLING-DECELERATION-MET RESISTANCE@/CLOSED BELOW 402
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. NEW LOW DURING 2016
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: DOWN-NET SELLING-ACCELERATION--BROKE/CLOSED BELOW TREND/7558
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 3
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: UP-NET SELLING-ACCELERATION--SUPPORT @ 156 DAY 3-CLOSE@TREND