Farm Commodity Settlements/CME, October23/2015 Friday
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-TESTED OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: DOWN NET BUYING DECELERATED SUPPORT@TREND=384 CLOSED UP
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 -TESTED OPEN INTEREST DOWN VOLUME DOWN WORLD STOCKS UP
TRADING: DOWN NET SELLING DECELERATED SUPPORT+890 CLOSED@TREND
TARGETS: 855 (890 916) 937 978 1016 PREMIUM MARKET HIGHER LOWS
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT= FLAT MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME FLAT WORLD STOCKS UP
TRADING: DOWN MATCHED BUYING DECELERATED MET SUPPORT@TREND CLOSE UNCHANGED
TARGETS: (464 503) 513 532 546 PREMIUM MARKET HIGHER LOW
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT=MORE MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP-LESS=1ST REVISED OPEN INTEREST DOWN VOLUME DOWN
TRADING: DOWN NET SELLING ACCELERATED MET SUPPORT+CLOSED@7579
TARGETS: 8090 7871 7793 7707 (7650 7579) 7477 LOWER HIGHS
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 UP
TRADING: UP MATCHED SELLING ACCELERATED SUPPORT+CLOSED@TREND
TARGETS: (144 156) 165 172 186 200 HIGHER LOWS
NET TRADING: USER SOLD SHORT NON USER BOUGHT LONG
Sunday, October 25, 2015
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