Farm Commodity Settlements/CME, October22/2015 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 DOWN VOLUME DOWN WORLD STOCKS DOWN
TRADING: UP NET SELLING NEUTRAL RESISTANCE@384 LOW ABOVE TREND
TARGETS: (353 384) 407 425 461 497 PREMIUM MARKET HIGHER LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP OPEN INTEREST UP VOLUME UP WORLD STOCKS UP
TRADING: UP NET SELLING ACCELERATED RESISTANCE BELOW 916 LOW ABOVE TREND
TARGETS: 855 (890 916) 937 978 1016 PREMIUM MARKET HIGHER LOWS
NET TRADING: USER SOLD SHORT NON USER BOUGHT LONG
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME FLAT WORLD STOCKS UP
TRADING: UP NET SELLING ACCELERATED RESISTANCE@499+REVISED TREND
TARGETS: (464 503) 513 532 546 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 DOWN VOLUME DOWN
TRADING: DOWN NET BUYING DECELERATED MET RESISTANCE@7650+CLOSED HIGHER
TARGETS: 8090 7871 7793 (7707 7650 7579) 7477 LOWER HIGHS
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: UP NET BUYING DECELERATED @ TREND AS SUPPORT
TARGETS: (144 156) 165 172 186 200 FLAT LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT
Thursday, October 22, 2015
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