farm commodity settlements-cme, september 9/2015 wednesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LONGER TERM, 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/UP-LESS+OPEN INTEREST/FLAT+VOLUME/UP+WORLD STOCKS/UP=NEUTRAL
TRADING: UP/ NET SELLING/RESISTANCE@PRICE TREND PENETRATED/HIGHER LOWS
TARGETS: 354/384/407/425/461/497 TRADING-MORE MOMENTUM
NET COMMITMENTS: USER: MORE SHORT = NON USER: LESS LONG = LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TREND: PRICE/UP-FLAT+OPEN INTEREST/FLAT+VOLUME/UP+WORLD STOCKS/DOWN
TRADING: UP/NET SELLING/SUPPORT@PRICE TREND/HIGHER LOWS
TARGETS: 855/890/916/936/976/1016 TRADING=SAME MOMENTUM
NET COMMITMENTS: USER: NOW NET LONG = NON USER LESS LONG = LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TREND: PRICE/DOWN-LESS+OPEN INTEREST/FLAT+VOLUME/FLAT+WORLD STOCKS/UP
TRADING: UP/OFFSET/RESISTANCE@PRICE TREND HELD/HIGHER LOWS
TARGETS: 618/572/554/538/511/489/437 TRADING-MORE MOMENTUM
NET COMMITMENTS: USER: MORE LONG = NON USER: MORE SHORT = MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TREND: PRICE/DOWN-LESS+OPEN INTEREST/UP+VOLUME/UP = LESS BEARISH
TRADING: UP/NET SELLING/RESISTANCE@7579+PRICE TREND PENETRATED/HIGHER LOWS
TARGETS: 8090/7871/7783/7707/7650/7579/7477 TRADING-SAME MOMENTUM
NET COMMITMENTS: USER-LESS LONG = NON USER:LESS SHORT = LESS MOMENTUM,
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN-MORE+OPEN INTEREST/DOWN+VOLUME/UP = BEARISH
TRADING: DOWN/SELLING/SUPPORT@PRICE LINE PENETRATED/LOWER HIGHS
TARGETS: 307/250/227/207/174/147 TRADING-MORE MOMENTUM
NET COMMITMENTS: USER: LESS LONG = NON USER: MORE SHORT = SAME MOMENTUM
Wednesday, September 09, 2015
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