Farm Commodity Settlements/CME, October29/2015 Thursday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION-ACTIVITY-MOMENTUM-PREVAILING STRENGTH/S,
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST UP-H16 VOLUME UP WORLD STOCKS DOWN
TRADING: UP BUYING NEUTRAL TESTED CLOSED ABOVE TREND AS RESISTANCE
TARGETS: (353 384) 407 425 461 497 PREMIUM MARKET HIGHER LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT+LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST DOWN-X15 VOLUME DOWN WORLD STOCKS UP
TRADING: DOWN NET SELLING NEUTRAL TESTED CLOSED BELOW TREND AS SUPPORT
TARGETS: (855 890) 916 937 978 1016 PREMIUM MARKET LOWER HIGHS
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT= FLAT MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST FLAT-DOWN VOLUME UP WORLD STOCKS UP
TRADING: UP NET BUYING DECELERATED BREAKOUT UPSIDE OF 503 TESTED CLOSED ABOVE 513
TARGETS: 464 (503 513) 532 546 PREMIUM MARKET HIGHER LOWS
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT=MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP-LESS=2ND REVISED OPEN INTEREST FLAT VOLUME DOWN
TRADING: FLAT NET BUYING DECELERATED BOTH LOW+CLOSE ABOVE TREND AS SUPPORT
TARGETS: 8090 7871 7793 7707 7650 ( 7579 7477) HIGHER LOW
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS-3RD REVISED OPEN INTEREST DOWN VOLUME DOWN
TRADING: FLAT SELLING DECELERATED MET RESISTANCE@OLD HIGH CLOSE BELOW--
TARGETS: (144 156) 165 172 186 200 HIGHER LOWS -AND ABOVE TREND
NET TRADING: USER SOLD SHORT NON USER BOUGHT LONG
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