Farm Commodity Settlements/CME, September 21/2015 Monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION/ACTIVITY/PREVAILING STRENGTH/S,
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TREND: PRICE/DOWN-LESS+OPEN INTEREST/FLAT+VOLUME/UP+WORLD STOCKS/DOWN = LESS BEARISH
TRADING: UP/REVERSAL/BUYING/NARROW RANGE/PENETRATED-CLOSED ABOVE 384
TARGETS: 443/421/412/414/392/381/356/334 LOWER HIGHS
NET COMMITMENTS: USER: MORE SHORT = NON USER: MORE LONG = MORE FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/FLAT+OPEN INTEREST/UP+VOLUME/FLAT+WORLD STOCKS/DOWN = NEUTRAL
TRADING: DOWN/NET BUYING/NARROW RANGE/PENETRATED-CLOSED ABOVE TREND RESISTANCE
TARGETS: 855/890/916/936/976/1016 LOWER HIGHS
NET COMMITMENTS: USER: LESS SHORT = NON USER: LESS LONG = LESS FORCE
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/DOWN+WORLD STOCKS/UP = LESS BEARISH
TRADING: NET BUYING/MODERATE RANGE/PENETRATED-CLOSED ABOVE MAJOR TREND RESISTANCE
TARGETS: 618/572/554/538/511/489/437 HIGHER LOW
NET COMMITMENTS: USER: LESS LONG = NON USER: LESS SHORT = LESS FORCE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE/DOWN-GRADUAL+OPEN INTEREST/UP+VOLUME/DOWN = LESS BEARISH
TRADING: DOWN/OFFSET SELLING/MODERATE RANGE/PENETRATED-CLOSED BELOW 7579
TARGETS: 8090/7871/7783/7707/7650/7579/7477 HIGHER LOWS
NET COMMITMENTS: USER-FLAT LONG = NON USER:LESS SHORT = FLAT FORCE,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN-LESS+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: FLAT/BUYING/NARROW RANGE/PENETRATED-CLOSED ABOVE TREND RESISTANCE
TARGETS: 307/250/227/207/174/147 LOWER HIGHS
NET COMMITMENTS: USER: MORE LONG = NON USER: MORE SHORT = MORE FORCE
Monday, September 21, 2015
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