Farm Commodity Settlements/CME, November 2/2015 Monday
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 DOWN WORLD STOCKS DOWN
TRADING: DOWN SELLING ACCELERATED TESTED+CLOSED BELOW SUPPORT@TREND+384
TARGETS: (353 384) 407 425 461 497 PREMIUM MARKEY LOWER HIGH+FLAT LOWS
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT+LESS MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP-MORE - OPEN INTEREST DOWN VOLUME DOWN WORLD STOCKS UP
TRADING: FLAT NET SELLING ACCELERATED TESTED+CLOSED BELOW SUPPORT@TREND LINE+890
TARGETS: (855 890) 916 937 978 1016 PREMIUM MARKET FLAT LOWS
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT= FLAT MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST FLAT-DOWN VOLUME DOWN WORLD STOCKS UP
TRADING: DOWN NET SELLING ACCELERATED TESTED+CLOSED BELOW SUPPORT@TREND LINE+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 DOWN VOLUME DOWN
TRADING: FLAT SELLING DECELERATED MET+CLOSED BELOW RESISTANCE@7650 ABOVE TREND
TARGETS: 8090 7871 7793 7707 (7650 7579) 7477) HIGHER LOWS OVERBOUGHT
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: FLAT NET SELLING DECELERATED ABOVE TREND LINE=OVERBOUGHT-
TARGETS: (144 156) 165 172 186 200 PREMIUM MARKET HIGHER LOWS -
NET TRADING: USER SOLD SHORT NON USER BOUGHT LONG
Monday, November 02, 2015
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