FARM COMMODITY SETTLEMENTS-CME JULY 24/2015 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES PARALLEL THROUGH HIGHS+LOWS=CHANNELS-LONG TERM
TRADING: DAILY MOVEMENT+ACTIVITY+PREVAILING STRENGTH,
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: 1ST OVERSOLD CHANNEL/MODERATE UP, OPEN INTEREST UP, VOLUME DOWN,
TRADING: MOVE DOWN/MORE, SHORT SELLING INSIDE CHANNEL@404+LOWER HIGHS
TARGETS: 443-421-412-404-392-381 WORLD STOCKS PROJECTED DOWN
NET COMMITMENTS: USERS/SMALL TRADERS-MORE SHORT, INVESTORS-MORE LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: CHANNEL/NARROW DOWN, OPEN INTEREST DOWN, VOLUME DOWN,
TRADING: MOVE DOWN/LESS, LONG SELLING INSIDE CHANNEL-LOWER HIGHS-SUPPORT@952
TARGETS: 1045-1005-989-975-952-933 WORLD STOCKS PROJECTED UP
NET COMMITMENTS: USERS-MORE SHORT, INVESTORS/SMALL TRADERS-MORE LONG
WHEAT: 40 CENT DAILY LIMIT
TRENDS: CHANNEL/NARROW DOWN-OPEN INTEREST FLAT, VOLUME DOWN
TRADING:MOVE DOWN/MORE, LONG SELLING+INSIDE CHANNEL@LOW+511 AS SUPPORT
TARGETS: 618-572-554-538-511-489 WORLD STOCKS PROJECTED UP
NET COMMITMENTS: USERS/SMALL TRADERS-LESS SHORT, INVESTORS-LESS LONG
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: CHANNEL/NARROW DOWN, OPEN INTEREST UP VOLUME FLAT
TRADING: MOVE FLAT/SAME, MATCHED SELLING, INSIDE CHANNEL GOOD SUPPORT@7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477
NET COMMITMENTS: USERS MORE LONG, INVESTORS/SMALL TRADERS MORE SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: 1ST OVERSOLD CHANNEL MODERATE DOWN, OPEN INTEREST UP, VOLUME DOWN
TRADING: MOVE DOWN/MORE, SELLING, INSIDE CHANNEL @LOW+TESTING 164 AS SUPPORT
TARGETS: 206-194-189-185-178-172-164 OVERSOLD
NET COMMITMENTS: USERS MORE SHORT, INVESTORS/SMALL TRADERS-MORE LONG
Sunday, July 26, 2015
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