MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED FLAT-ABOVE TREND-DEESCALATED-MATCHED-LOWER HIGH-HIGHER CLOSE-MID(387-369)
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (791-1067)
TRADING LOWER-BESIDE TREND-DEESCALATED-ON SELLING-TESTED/CLOSED LOWER BELOW 875
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS NOW LONG/TRADERS NOW SHORT
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP/LESS. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADED HIGHER-ABOVE REVISED TREND-STEADY-SELLING-CLOSED LOWER-MET RESISTANCE@561
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING LOWER-UPSIDE TREND-ESCALATED-NET SELLING-LOWER CLOSES-MID (7587-7501)
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
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.
Friday, January 31, 2020
Thursday, January 30, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN30/2020-THUR
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING LOWER-ABOVE TREND-ESCALATED-ON SELLING-LOWER HIGH/CLOSES-MID(387-369)
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING LOWER-ON TREND-ESCALATED-ON SELLING-LOWER HIGH/CLOSES-SUPPORT@875 HELD
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING LOWER-BELOW TREND-STEADY-LATE BUYING-FLAT CLOSE-SUPPORT MID(561-581)HELD
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED LOWER-UPSIDE TREND-DEESCALATED-NET SELLING-LOWER CLOSE-BELOW 7587
TARGETS/(7672 (7587-7501) 7416)/COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING LOWER-ABOVE TREND-ESCALATED-ON SELLING-LOWER HIGH/CLOSES-MID(387-369)
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING LOWER-ON TREND-ESCALATED-ON SELLING-LOWER HIGH/CLOSES-SUPPORT@875 HELD
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING LOWER-BELOW TREND-STEADY-LATE BUYING-FLAT CLOSE-SUPPORT MID(561-581)HELD
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED LOWER-UPSIDE TREND-DEESCALATED-NET SELLING-LOWER CLOSE-BELOW 7587
TARGETS/(7672 (7587-7501) 7416)/COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Wednesday, January 29, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN29/2020-WED
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING HIGHER-ABOVE TREND-SELLING@387-LOWER CLOSE-LOST MOMENTUM-LOOKS BEARISH
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/LESS. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADED HIGHER-ABOVE TREND-SELLING@903-LOWER CLOSES-GAINED MOMENTUM-FILLED GAP
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED LOWER-BELOW TREND-SELLING-LOWER CLOSES-SUPPORT@561/LOWS-FLAT MOMENTUM
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED FLAT-ON TREND-SELLING-TESTED/CLOSED LOWER BELOW 7587-FLAT MOMENTUM
TARGETS/(7672 (7587-7501) 7416)/COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING HIGHER-ABOVE TREND-SELLING@387-LOWER CLOSE-LOST MOMENTUM-LOOKS BEARISH
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/LESS. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADED HIGHER-ABOVE TREND-SELLING@903-LOWER CLOSES-GAINED MOMENTUM-FILLED GAP
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED LOWER-BELOW TREND-SELLING-LOWER CLOSES-SUPPORT@561/LOWS-FLAT MOMENTUM
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED FLAT-ON TREND-SELLING-TESTED/CLOSED LOWER BELOW 7587-FLAT MOMENTUM
TARGETS/(7672 (7587-7501) 7416)/COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Tuesday, January 28, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN28/2020-TUES
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-ABOVE TREND-NET BUYING-STEADY-FILLED GAP-MET RESISTANCE@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING FLAT-ON TREND-NET BUYING-DEESCALATED-BELOW 903-SUPPORT@889
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING UP-PENETRATED TREND-NET BUYING-DEESCALATED-TESTED/CLOSED@571/RESISTANCE
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADING DOWN-ABOVE TREND-NET BUYING-DEESCALATED-CLOSED UP ABOVE TREND/7552
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-ABOVE TREND-NET BUYING-STEADY-FILLED GAP-MET RESISTANCE@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING FLAT-ON TREND-NET BUYING-DEESCALATED-BELOW 903-SUPPORT@889
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING UP-PENETRATED TREND-NET BUYING-DEESCALATED-TESTED/CLOSED@571/RESISTANCE
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADING DOWN-ABOVE TREND-NET BUYING-DEESCALATED-CLOSED UP ABOVE TREND/7552
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Monday, January 27, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN27/2020-MON
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-UPSIDE TREND-NET SELLING-STEADY-GAP DOWNSIDE 387-MET SUPPORT@LOWS
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (791-1067)
TRADING DOWN-PENETRATED TREND-NET SELLING-STEADY-GAP DOWNSIDE 903-SUPPORT@889
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING DOWN-DOWNSIDE TREND-NET BUYING-STEADY-SUPPORT@561-RESISTANCE@TREND
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADING DOWN-ON NEW TREND-NET SELLING-ESCALATED-CLOSED DOWN ABOVE TREND/7552
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-UPSIDE TREND-NET SELLING-STEADY-GAP DOWNSIDE 387-MET SUPPORT@LOWS
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (791-1067)
TRADING DOWN-PENETRATED TREND-NET SELLING-STEADY-GAP DOWNSIDE 903-SUPPORT@889
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING DOWN-DOWNSIDE TREND-NET BUYING-STEADY-SUPPORT@561-RESISTANCE@TREND
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM (6809-8295)
TRADING DOWN-ON NEW TREND-NET SELLING-ESCALATED-CLOSED DOWN ABOVE TREND/7552
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Friday, January 24, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN24/2020-FRI
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-ABOVE TREND-SELLING-STEADY MOMENTUM-CLOSED DOWN@TESTED 387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING DOWN-ON REVISED TREND-SELLING-STEADY MOMENTUM-TESTED 903-CLOSED@902
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING DOWN-ON TREND-NET SELLING-GAINED MOMENTUM-TESTED/CLOSED DOWN-MID(RANGE)
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING UP-BELOW TREND-NET SELLING-LOST MOMENTUM-SUPPORT@LOWS BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING DOWN-ABOVE TREND-SELLING-STEADY MOMENTUM-CLOSED DOWN@TESTED 387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/MORE. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING DOWN-ON REVISED TREND-SELLING-STEADY MOMENTUM-TESTED 903-CLOSED@902
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING DOWN-ON TREND-NET SELLING-GAINED MOMENTUM-TESTED/CLOSED DOWN-MID(RANGE)
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING UP-BELOW TREND-NET SELLING-LOST MOMENTUM-SUPPORT@LOWS BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Thursday, January 23, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN23/2020-THUR
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING UP-ABOVE TREND-BUYING-GAINED MOMENTUM-CLOSED UP ABOVE CONSOLIDATION/387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-BELOW TREND-NET BUYING-GAINED MOMENTUM-@903/MEASURED OBJECTIVE
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING FLAT-ABOVE TREND-NET BUYING-LOST MOMENTUM-TESTED/CLOSED UP@581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING DOWN-BELOW TREND-NET BUYING-LOST MOMENTUM--CLOSED FLAT BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING UP-ABOVE TREND-BUYING-GAINED MOMENTUM-CLOSED UP ABOVE CONSOLIDATION/387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-BELOW TREND-NET BUYING-GAINED MOMENTUM-@903/MEASURED OBJECTIVE
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING FLAT-ABOVE TREND-NET BUYING-LOST MOMENTUM-TESTED/CLOSED UP@581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING DOWN-BELOW TREND-NET BUYING-LOST MOMENTUM--CLOSED FLAT BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Wednesday, January 22, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN22/2020-WED
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING UP-NET SELLING-LOSING MOMENTUM-ABOVE TREND-FLAT CLOSES/CONSOLIDATION@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-SELLING-LOST MOMENTUM-BELOW STEEP TREND-CLOSED DOWN-ABOVE 903
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE (387-593).
TRADING UP-NET SELLING-FLAT MOMENTUM-ABOVE TREND-TESTED/CLOSED DOWN BELOW 581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-FLAT. VOLUME-UP. LONG TERM (6809-8295)
TRADING DOWN-NET SELLING-GAINED MOMENTUM-DOWNSIDE TREND-CLOSED DOWN BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING UP-NET SELLING-LOSING MOMENTUM-ABOVE TREND-FLAT CLOSES/CONSOLIDATION@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-SELLING-LOST MOMENTUM-BELOW STEEP TREND-CLOSED DOWN-ABOVE 903
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE (387-593).
TRADING UP-NET SELLING-FLAT MOMENTUM-ABOVE TREND-TESTED/CLOSED DOWN BELOW 581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-FLAT. VOLUME-UP. LONG TERM (6809-8295)
TRADING DOWN-NET SELLING-GAINED MOMENTUM-DOWNSIDE TREND-CLOSED DOWN BELOW 7634
TARGETS/(7552-7634) 7717)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Tuesday, January 21, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN21/2020-TUES
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP/LESS LONG TERM RANGE (352-473)
TRADING FLAT-BUYING-LOST MOMENTUM-UNABLE CLOSE CONSECUTIVELY HIGHER ABOVE 387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-SELLING-GAINED MOMENTUM-DOWNSIDE TREND-MEASURED SUPPORT UPSIDE 903
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING UP-NET BUYING-GAINED MOMENTUM-ON TREND-MET RESISTANCE/CLOSED@581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING FLAT-SELLING-FLAT MOMENTUM-DOWNSIDE TREND-@CONSOLIDATION LOW-ABOVE 7634
TARGETS/(7634-7717) 7803)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADING: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP/LESS LONG TERM RANGE (352-473)
TRADING FLAT-BUYING-LOST MOMENTUM-UNABLE CLOSE CONSECUTIVELY HIGHER ABOVE 387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING DOWN-SELLING-GAINED MOMENTUM-DOWNSIDE TREND-MEASURED SUPPORT UPSIDE 903
TARGETS/(960 (932-903) 875)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE (387-593).
TRADING UP-NET BUYING-GAINED MOMENTUM-ON TREND-MET RESISTANCE/CLOSED@581
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/MODERATE. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM (6809-8295)
TRADING FLAT-SELLING-FLAT MOMENTUM-DOWNSIDE TREND-@CONSOLIDATION LOW-ABOVE 7634
TARGETS/(7634-7717) 7803)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Friday, January 17, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADED-JAN17/2019-FRI
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADED: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN DAY. VOLUME-UP LONG TERM RANGE (352-473)
TRADING HIGHER-ON COVERING-MOMENTUM STEADY-UP THROUGH/CLOSED ABOVE TREND@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADED FLAT-ACCUMULATION-GAINED MOMENTUM-OVERSOLD VERSUS TREND-RESISTANCE@932
TARGETS/(988 (960-932) 903)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED FLAT-NET ACCUMULATION-LOST MOMENTUM-ON TREND-RESISTANCE MID(561-581)
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP. OPEN INTEREST-FLAT DAY. VOLUME-FLAT. LONG TERM RANGE (6809-8295)
TRADING FLAT-OFFSET SELLING-GAINED MOMENTUM-THROUGH SUPPORT@TREND-ABOVE 7634
TARGETS/(7634-7717) 7803)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADED: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN DAY. VOLUME-UP LONG TERM RANGE (352-473)
TRADING HIGHER-ON COVERING-MOMENTUM STEADY-UP THROUGH/CLOSED ABOVE TREND@387
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADED FLAT-ACCUMULATION-GAINED MOMENTUM-OVERSOLD VERSUS TREND-RESISTANCE@932
TARGETS/(988 (960-932) 903)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED FLAT-NET ACCUMULATION-LOST MOMENTUM-ON TREND-RESISTANCE MID(561-581)
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP. OPEN INTEREST-FLAT DAY. VOLUME-FLAT. LONG TERM RANGE (6809-8295)
TRADING FLAT-OFFSET SELLING-GAINED MOMENTUM-THROUGH SUPPORT@TREND-ABOVE 7634
TARGETS/(7634-7717) 7803)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG
Thursday, January 16, 2020
MAJOR GRAINS+CAD/USD-TREND ANALYSIS-JAN16/2020-THUR
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADED: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP/LESS. VOLUME-UP/DAILY LONG TERM RANGE (352-473)
TRADING LOWER-ON SELLING-GAINED MOMENTUM-THROUGH/CLOSED BELOW TREND ABOVE 369
TARGETS/(405 (387-369) 352)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN. OPEN INTEREST-UP/MORE. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING LOWER-ON NET SELLING-LOST MOMENTUM-OVERSOLD BELOW TREND-932 AS RESISTANCE
TARGETS/(988 (960-932) 903)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-MIXED. LONG TERM RANGE (387-593).
TRADED LOWER-ON NET SELLING-GAINED MOMENTUM-MET SUPPORT@TREND/561-LOOKS TOPPY
TARGETS/(541 (561-581) 603)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/LESS. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (6809-8295)
TRADING FLAT-MATCHED-WEAK MOMENTUM-ABOVE SUPPORT@REVISED TREND-ABOVE 7634
TARGETS/(7634-7717) 7803)/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS
TRADED: DIRECTION-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TRENDS-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP/LESS. VOLUME-UP/DAILY LONG TERM RANGE (352-473)
TRADING LOWER-ON SELLING-GAINED MOMENTUM-THROUGH/CLOSED BELOW TREND ABOVE 369
TARGETS/(405 (387-369) 352)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT
TRENDS: PRICE DOWN. OPEN INTEREST-UP/MORE. VOLUME FLAT. LONG TERM RANGE (791-1067)
TRADING LOWER-ON NET SELLING-LOST MOMENTUM-OVERSOLD BELOW TREND-932 AS RESISTANCE
TARGETS/(988 (960-932) 903)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-MIXED. LONG TERM RANGE (387-593).
TRADED LOWER-ON NET SELLING-GAINED MOMENTUM-MET SUPPORT@TREND/561-LOOKS TOPPY
TARGETS/(541 (561-581) 603)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-UP/LESS. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (6809-8295)
TRADING FLAT-MATCHED-WEAK MOMENTUM-ABOVE SUPPORT@REVISED TREND-ABOVE 7634
TARGETS/(7634-7717) 7803)/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG