FARM COMMODITIES-TREND ANALYSIS-SEPTEMBER 20/2017
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 16/17-126/MMT 17/18-121/MMT
TRENDS: PRICE; UP YEARLY O/I: DOWN MONTHLY PRICE RANGE: (325-405) YEARLY
TRADING: FLAT DRIFT DOWN POTENTIAL BULLISH WARNING+HIGHER LOW OPEN INTEREST UP
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-78/MMT
TRENDS: PRICE: MORE YEARLY O/I: DOWN MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: UP POTENTIAL/BEARISH DOUBLE TOP OPEN INTEREST DOWN
TARGETS: (844(931 (960-974) COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL
WHEAT (DEC/17): $0.45/BU, FREE WORLD STOCKS 16/17-145/MMT 17/18-135/MMT
TRENDS: PRICE: UP/MORE YEARLY O/I: DOWN MONTHLY RANGE: (387-575) YEARLY
TRADING: UP DOWNSIDE ALONG TREND HIGHER LOWS OPEN INTEREST FLAT
TARGETS: (387/(426-436-446
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT,
TRENDS: PRICE: UP MONTHLY O/I: DOWN MONTHLY PRICE RANGE: (6810-8295) YEARLY
TRADING: DOWN REVERSAL DOWN FROM ROUNDING TOP OPEN INTEREST UP
TARGETS: (7965 8048 8130 8213) COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL
No comments:
Post a Comment