FARM COMMODITIES-TREND ANALYSIS-AUGUST 30/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (DEC/17): $0.25/BU, FREE WORLD STOCKS 16/17-127/MMT 17/18-120/MMT
TRENDS: PRICE; UP YEARLY OPEN INTEREST: DOWN MONTHLY PRICE RANGE: (325-405) YEARLY
TRADING: DOWN WEEKLY UNDER TREND TESTED 346 OPEN INTEREST DOWN DAILY UNDER TREND
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: UP YEARLY OPEN INTEREST-DOWN/LESS MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: DOWN LOWER HIGH WEEKLY OVER TREND+@931 OPEN INTEREST DOWN UNDER TREND
TARGETS: (917-(931-946) 960) COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL
TRENDS: PRICE: UP/LESS YEARLY OPEN INTEREST-DOWN MONTHLY RANGE: (387-575) YEARLY
TRADING: UP TODAY OVER TREND OVER 426 OPEN INTEREST DOWN/DAILY OVER TREND
TARGETS: (417 (426-436)-446 456 466
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT,
TRENDS: PRICE: UP MONTHLY OPEN INTEREST-DOWN MONTHLY PRICE RANGE: (6810-8047) YEARLY
TRADING: FLAT-HIGH WEEKLY DOWN-DAILY OVER TREND TESTED 7925 O/I FLAT UNDER TREND
TARGETS: (7883 (7925 7965-8006) 8047) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE
No comments:
Post a Comment