Farm Commodity Settlements/CME, October13/2015 Tuesday
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-LESS OPEN INTEREST up VOLUME flat WORLD STOCKS DOWN
TRADING: FLAT+NET BUYING+ACCELERATED+MET RESISTANCE@384+TREND-
TARGETS: (353 384) 407 425 461 497 FUTURES@PREMIUM -CLOSED ABOVE BOTH
NET TRADING: USER SOLD SHORT=MORE SO NON USER COVERED SHORT=MORE LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE FLAT OPEN INTEREST UP VOLUME UP WORLD STOCKS UP
TRADING: UP+BUYING+ACCELERATED+MET RESISTANCE@916+TESTED+CLOSED ABOVE TREND
TARGETS: 855 (890 916) 937 978 1016 FUTURES@PREMIUM NO BREAKOUT UP YET
NET TRADING: USER SOLD SHORT=MORE SO NON USER COVERED SHORT=MORE LONG
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-MORE OPEN INTEREST FLAT VOLUME UP WORLD STOCKS UP
TRADING: UP+BUYING+ACCELERATED+MET RESISTANCE+CLOSED BELOW TREND+HIGHER LOW
TARGETS: 480 (499 513 524) 546 569 FUTURES@PREMIUM
NET TRADING: USER SOLD SHORT=LESS LONG NON USER COVERED SHORT=LESS SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP -LESS OPEN INTEREST DOWN VOLUME DOWN = LESS BULLISH
TRADING: DOWN+OFFSET BUYING+ACCELERATED+MET SUPPORT+CLOSED ABOVE 7650
TARGETS: 8090 7871 7793 (7707 7650) 7579 7477 LOWER HIGHS
NET TRADING: USER SOLD SHORT=LESS LONG NON USER COVERED SHORT=LESS SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST DOWN VOLUME UP -FLAT= BEARISH
TRADING: DOWN+SELLING+DECELERATED+MET SUPPORT+CLOSED@147
TARGETS: 307 250 227 207 (174 147)
NET TRADING: USER SOLD SHORT=NOW SHORT NON USER COVERED SHORT=LESS SHORT
Tuesday, October 13, 2015
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