Sunday, November 13, 2016


FARM COMMODITY SETTLEMENTS N0VEMBER 11/2016 

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING 
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN) 
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING 
TRADING: MOMENTUM, DAILY ACTIVITY: RELATIVE STRENGTH OF TREND, TARGETS   

CORN/CZ16: 25 CENT DAILY LIMIT    OPEN INTEREST/UP ON SHORT SELLING                                   
TREND: UP/LESS-3RD REVISED  PREMIUM MARKET 2016/JUL 18  STOCKS DOWN
TARGETS: (PROJECTED) 326-333-341-356-POSITIONS NO REPORT
TRADING: DECELERATING-SELLING-MET SUPPORT@TREND+TESTED SUPPORT@341

SOYBEANS/SF17: 65 CENT DAILY LIMIT   OPEN INTEREST/FLAT-HEDGE ACTIVITY                  
TREND: DOWN/LESS-1ST REVISED. PREMIUM MARKET 2016/JUL 17  STOCKS-DOWN
TARGETS: (PROJECTED) 1004-987-968-954-POSITIONS NO REPORT 
TRADING: ACCELERATED-NET SELLING-TESTED TREND/RESISTANCE+987/SUPPORT

WHEAT/WZ16: 35 CENT DAILY LIMIT    OPEN INTEREST/UP-BUYING                            
TREND: UP/MORE  PREMIUM MARKET 2016/MAY 18  STOCKS-UP
TARGETS: (PROJECTED) 387-411-429-443-POSITIONS NO REPORT
TRADING: DECELERATED-NET SELLING-TREND/RESISTANCE+LOW/SUPPORT-BELOW/411

DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT.    OPEN INTEREST/UP ON SHORT SELLING         
TREND: DOWN/ORIGINAL TREND   PREMIUM MARKET 2016/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420-POSITIONS NO REPORT
TRADING: DECELERATED-SELLING-BELOW TREND-TESTED 7420/SUPPORT

HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT    BREAKOUT/DOWN  
TREND: DOWN/MORE TARGETS: (PROJECTED) 152-150-145-136,  POSITIONS: NO REPORT
TRADING: ACCELERATED-NET SELLING-TESTED TREND SUPPORT ABOVE 136/SUPPORT 
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