FARM COMMODITY SETTLEMENTS-CME DEC 26/2014 FRIDAY
Markets-price supply/demand during relative strength trading
Trends/Channels-prices (long term), down-lower highs, up-higher lows
Trading/Movement+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit
Net positions: commercials-more short/non commercials-more long
Trends: prices-up(narrow channel)+open interest-up/flat+supply-up
Trading: UP/FLAT-MID CHANNEL/STABLE+MIXED+@MINOR RESISTANCE MID TREND JUST UNDER 423
TARGETS: 371-388-423-452                                           =LESS BULLISH                               
SOYBEANS- 70 cent daily limit
Net positions: commercials-less long, non-commercials-more long
Trends: PRICES-UP(NARROW CHANNEL)+OPEN INTEREST DOWN+SUPPLY-UP
Trading: UP/LESS FORCE+SHORT COVERING+ALONG SUPPORT@LOWER TRENDLINE IN CHANNEL
Targets: 904-955-993-1023-1062-1082-1142       =WEAK BULLISH
WHEAT- 35 cent daily limit
Net positions: commercials-now short, non commercials-now long
Trends: prices-up(narrow channel)+open interest-flat+supply-up
Trading: DOWN/MIXED FORCE+SELLING+PENETRATED/CLOSED BELOW LOWER TRENDLINE   
Targets: 468-512-545-571-622-673                     =TEST OF BULLISH
CANADIAN DOLLAR- no daily limit
NET POSITIONS: COMMERCIALS-STEADY LONG, NON COMMERCIALS-STEADY SHORT
Trends: prices-down(wide channel)=open interest-flat
Trading: FLAT/STEADY FORCE+MIXED+HIGHER LOWS-ALONG RESISTANCE-MID CHANNEL
Targets: 9076-9033-8965-8820-8678-8553           =TEST OF BEARISH
HEATING OIL- 25 cent daily limit
Net positions: commercials-more long, non commercials-more short
Trends: prices-down(narrow channel)+open interest-flat
Trading: DOWN/LESS FORCE+MIXED+RESISTANCE UPPER CHANNEL+A BOTTOM@ 190
Targets: 272-263-249-220-190                             =LESS BEARISH

COMMODITY SETTLEMENTS-CME DEC 10/2014 WEDNESDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit
Net positions: commercials-less short/non commercials-less long
Trends: price-up, open interest-down, volume-medium, supply-up(latest)
Trading: FLAT/IN OFFSET-LACKS FORCE TO BREAK OUT UP THROUGH RESISTANCE@388-3RD TRY 
TARGETS: 371-388-423-452                                           =LESS BULLISH                               
SOYBEANS- 70 cent daily limit
Net positions: commercials-more long, non-commercials-less long
Trends: PRICE-DOWN, OPEN INTEREST UP, VOLUME-HIGH, SUPPLY-DOWN(LATEST)
Trading: DOWN/ NET SELLING-MORE FORCE-LOWER HIGH-RESISTANCE@TREND PREVAILED
Targets: 1059-1014-985-959-917-883                   =BEARISH
WHEAT- 35 cent daily limit
Net positions: commercials-less long, non commercials-less short
Trends: price-up, open interest-up, volume-moderate, supply-up(latest)
Trading: DOWN/NET SELLING-LESS FORCE+LOWER HIGH+THROUGH/CLOSED BELOW TREND   
Targets: 545-571-622-673                                   =LESS BULLISH
CANADIAN DOLLAR- no daily limit
NET POSITIONS: COMMERCIALS-MORE LONG, NON COMMERCIALS-MORE SHORT
Trends: price/down, open interest-flat, volume-high
Trading: FLAT-/SELLING+LESS FLORCE+TWO FLAT NEW LOWS MAY BE A BOTTOM FOR MOVE
Targets: 9076-9033-8965-8820-8678                    =LESS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-more short
Trends: price-down/steep, open interest-down, volume-high
Trading: down/net selling+more force+nest projected support@190
Targets: 272-263-249-220-190                             =BEARISH

COMMODITY SETTLEMENTS-CME DEC 9/2014 TUESDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit
Net positions: commercials-less short/non commercials-less long
Trends: price-up/less, open interest-down, volume-low, supply-up
Trading: FLAT/LESS FORCE-NET BUYING-CLOSED ABOVE/TESTING RESISTANCE@388 
TARGETS: 371-388-423-452                                   =LESS BULLISH                               
SOYBEANS- 70 cent daily limit
Net positions: commercials-more long, non-commercials-less long
Trends: PRICE-UP, OPEN INTEREST FLAT, VOLUME-MODERATE, SUPPLY-UP
Trading: UP/LESS FORCE-NET BUYING-CLOSED ABOVE/TESTING RESISTANCE+TOPPY
Targets: 993-1023-1082-1142                              =LESS BULLISH
WHEAT- 35 cent daily limit
Net positions: commercials-less long, non commercials-less short
Trends: price-up/more, open interest-flat, volume-low, supply-up
Trading: DOWN-LOWER HIGH/SAME FORCE-NET SELLING+@SUPPORT@TREND   
Targets: 545-571-622-673                                   =LESS BULLISH
CANADIAN DOLLAR- no daily limit
NET POSITIONS: COMMERCIALS-MORE LONG, NON COMMERCIALS-MORE SHORT
Trends: price/down, open interest-up, volume-high
Trading: FLAT-/MORE FLORCE+NET BUYING+MET RESISTANCE@TREND
Targets: 9076-9033-8965-8820-8678                    =LESS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-more short
Trends: price-down/steep, open interest-up, volume-down
Trading: down-new low/less force-net buying-met resistance@trend
Targets: 272-263-249-220-190                             =LESS BEARISH

COMMODITY SETTLEMENTS-CME DEC 8/2014 MONDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move

CORN- 25 cent daily limit
Net positions: commercials-less short/non commercials-less long
Trends: price-up/less, open interest-down, volume-low, supply-up
Trading: up/SELLING @ LEVEL OF PREVIOUS HIGHS SUFFICIENT TO STOP ADVANCE
Targets: 371-388-423-452                                   =WEAK BULLISH  
SOYBEANS- 70 cent daily limit
Net positions: commercials-more long, non-commercials-less long
Trends: PRICE-DOWN, OPEN INTEREST-DOWN, VOLUME-MODERATE, SUPPLY-UP
Trading: UP/LOST MOMENTUM-BUYING SUFFICIENT TO PENETRATE AND CLOSE ABOVE TREND  
Targets: 985-959-917-853                                   =WEAK BULLISH
WHEAT- 35 cent daily limit
Net positions: commercials-less long, non commercials-less short
Trends: price-up/more, open interest-flat, volume-low, supply-up
Trading: up/net buying+higher lows pulling up away from trend    
Targets: 545-571-622-673                                   =BULLISH
CANADIAN DOLLAR- no daily limit
NET POSITIONS: COMMERCIALS-MORE LONG, NON COMMERCIALS-MORE SHORT
Trends: price/down, open interest-up, volume-moderate
Trading: DOWN/THROUGH LEVEL OF OLD LOWS AS SUPPORT-ON NET SELLING
Targets: 9076-9033-8965-8820-8678                    =BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-more short
Trends: price-down/more so, open interest-up, volume-up
Trading: down/gained momentum-selling-free falling-next stop 190
Targets: 272-263-249-220-190                             =BEARISH

COMMODITY SETTLEMENTS-CME DEC 5/2014 FRIDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move

CORN- 25 cent daily limit
Net positions: commercials-less short/non commercials-less long
Trends: price-up/less, open interest-down, volume-low, supply-up
Trading: up/SHORT COVERING SUFFICIENT TO PENETRATE RESISTANCE@388
Targets: 371-388-423-452                                   =WEAK BULLISH  
SOYBEANS- 70 cent daily limit
Net positions: commercials-more long, non-commercials-less long
Trends: PRICE-DOWN, OPEN INTEREST-DOWN, VOLUME-MODERATE, SUPPLY-UP
Trading: UP/SHORT COVERING-VOLUME+MOMENTUM-MEETING STRONG RESISTANCE- 
Targets: 985-959-917-853                                   =WEAK BULLISH
WHEAT- 35 cent daily limit
Net positions: commercials-less long, non commercials-less short
Trends: price-up/more, open interest-flat, volume-low, supply-up
Trading: up/net buying+higher lows following trend as support    
Targets: 545-571-622-673                                   =BULLISH
CANADIAN DOLLAR- no daily limit
NET POSITIONS: COMMERCIALS-MORE LONG, NON COMMERCIALS-MORE SHORT
Trends: price/down, open interest-up, volume-moderate
Trading: DOWN/TO LEVEL OF OLD LOWS AS SUPPORT-ON SHORT SELLING
Targets: 9076-9033-8965-8820-8678                    =BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-more short
Trends: price-down, open interest-up, volume-up
Trading: down/continuing penetration of trend, short selling
Targets: 272-263-249-220-190                             =BEARISH

COMMODITY SETTLEMENTS-CME DEC 4/2014 THURSDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move

CORN- 25 cent daily limit, futures @ premium mar/15 - july/16 
Net positions: commercials-more short/non commercials-more long
Trends: price-up/less, open interest-new low, volume-low, supply-up
Trading: up/SMALL INCREASE IN OPEN INTEREST NOT ENOUGH TO PENETRATE RESISTANCE@388
Targets: 371-388-423-452                                   =WEAK BULLISH  
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net positions: commercials-more long, non-commercials-same long
Trends: PRICE-DOWN, OPEN INTEREST-UP, VOLUME-LOW, SUPPLY-UP
Trading: UP/ON BUYING@985 SUPPORT LEVEL, OPEN INTEREST IS SUPPORTIVE, VOLUME IS NOT
Targets: 985-959-917-853                                   =LESS BEARISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net positions: commercials-less long, non commercials-less short
Trends: price-up, open interest-flat, volume-low, supply-up
Trading: down/buying@trend as support is the only force in play    
Targets: 545-571-622-673                                 =WEAK BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET POSITIONS: COMMERCIALS-LESS LONG, NON COMMERCIALS-LESS SHORT
Trends: price/down, open interest-down, volume-down
Trading: UP/FOLLOWING+TESTING TREND AS RESISTANCE, LACKS FORCE TO CHANGE
Targets: 9076-9033-8965-8820-8678                  =CAUTIOUS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-less short
Trends: price-down, open interest-down, volume-down
Trading: down/support@trend is weak-oversold-needs force
Targets: 272-263-249-220-190                             =BEARISH

COMMODITY SETTLEMENTS-CME DEC 3/2014 WEDNESDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move

CORN- 25 cent daily limit, futures @ premium mar/15 - july/16 
Net positions: commercials-more short/non commercials-more long
Trends: price-up/less, open interest-new low, volume-low, supply-up
Trading: down/CHANGE IN OPEN INTEREST/VOLUME NECESSARY TO LIFT PRICES  
Targets: 371-388-423-452                                   =WEAK BULLISH  
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net positions: commercials-more long, non-commercials-same long
Trends: PRICE-DOWN, OPEN INTEREST- VIRTUALLY FLAT, VOLUME-LOW, SUPPLY-UP
Trading: DOWN/EVIDENCE OF BUYING@MINOR TREND BUT NO REAL FORCE TO MAKE CHANGE
Targets: 985-959-917-853                                   =BEARISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net positions: commercials-less long, non commercials-less short
Trends: price-up, open interest-flat, volume-down, supply-up
Trading: down/toward projected 3rd higher low@trend support    
Targets: 545-571-622-673                                 =CAUTIOUS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET POSITIONS: COMMERCIALS-LESS LONG, NON COMMERCIALS-LESS SHORT
Trends: price/down, open interest-down, volume-down
Trading: FLAT BETWEEN 2 FLAT LOWS AND RESISTANCE @ THE DESCENDING TREND
Targets: 9076-9033-8965-8820-8678                  =CAUTIOUS BEARISH
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-less short
Trends: price-down, open interest-down, volume-down
Trading: down/following trend as support-oversold-needs force
Targets: 272-263-249-220-190                             =LOOKS BEARISH

COMMODITY SETTLEMENTS-CME DEC 2/2014 TUESDAY
Markets-price supply/demand during relative strength trading
Trends-major (long term), down-lower highs, up-higher lows
Trading-(range)+direction/momentum+activity+prevailing strength
Targets-projected length of move

CORN- 25 cent daily limit, futures @ premium mar/15 - july/16 
Net positions: commercials-more short/non commercials-more long
Trends: price-up/less, open interest-new low, volume-low, supply-up
Trading-flat/change in open interest/volume necessary to lift prices  
Targets: 371-388-423-452                                   =WEAK BULLISH  
SOYBEANS- 70 cent daily limit, futures @ premium mar/15 - aug/15
Net positions: commercials-more long, non-commercials-same long
Trends: PRICE-DOWN, OPEN INTEREST- VIRTUALLY FLAT, VOLUME-LOW, SUPPLY-UP
Trading: DOWN/SUPPLY APPEARS WEIGHING DOWN PRICES SINCE NOVEMBER EXPIRY
Targets: 985-959-917-853                                   =BEARISH
WHEAT- 35 cent daily limit, futures @ premium may/15 - may/16
Net positions: commercials-less long, non commercials-less short
Trends: price-up, open interest-up, volume-flat, supply-up
Trading: up/need change in open interest/volume-to move up   
Targets: 545-571-622-673                                 =CAUTIOUS BULLISH
CANADIAN DOLLAR- no daily limit, futures@discount jan/15-apr/15
NET POSITIONS: COMMERCIALS-LESS LONG, NON COMMERCIALS-LESS SHORT
Trends: price/down, open interest-down, volume-down
Trading: DOWN-FLAT/NEW MOVE TESTING TREND AS RESISTANCE-LACKS FORCE
Targets: 9076-9033-8965-8820-8678                    =NEUTRAL
HEATING OIL- 25 cent daily limit, futures@discount jan/15-APR/15
Net positions: commercials-more long, non commercials-less short
Trends: price-down, open interest-flat, volume-up
Trading: flat/buying@good support @2 trends-oversold-needs force
Targets: 272-263-249-220-190                             =LOOKS BEARISH