Farm Commodity Settlements/CME, October20/2015 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 OPEN INTEREST UP VOLUME up WORLD STOCKS DOWN
TRADING: FLAT BUYING NEUTRAL TESTED-CLOSED ABOVE TREND RESISTANCE
TARGETS: (353 384) 407 425 461 497 PREMIUM MARKET LOWER HIGHS
NET TRADING: USER COVERED SHORT NON USER SOLD LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE FLAT OPEN INTEREST DOWN VOLUME UP WORLD STOCKS UP
TRADING: FLAT NET BUYING NEUTRAL SUPPORT@890 PREVAILED CLOSED UP
TARGETS: 855 (890 916) 937 978 1016 PREMIUM MARKET LOWER HIGHS
NET TRADING: USER SOLD SHORT NON USER BOUGHT LONG
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME UP WORLD STOCKS UP
TRADING: DOWN NET BUYING NEUTRAL TESTED-CLOSED ABOVE 489
TARGETS: 648 572 554 538 (511 489) PREMIUM MARKET LOWER HIGHS
NET TRADING: USER COVERED SHORT NON USER SOLD LONG
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP-LESS-1ST REVISED OPEN INTEREST FLAT VOLUME FLAT
TRADING: DOWN NET BUYING DECELERATED SUPPORT@7650 PREVAILED-CLOSED ABOVE
TARGETS: 8090 7871 7793 (7707 7650 7579) 7477 LESS HIGHER LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS-3RD REVISED OPEN INTEREST UP VOLUME UP
TRADING: DOWN NET SELLING DECELERATED TESTED-CLOSED BELOW TREND
TARGETS: (144 156) 165 172 186 200 LOWER HIGHS FLAT LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT
Tuesday, October 20, 2015
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