Farm Commodity Settlements/CME, November10/2015 Tuesday
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION-ACTIVITY-RELATIVE STRENGTH/S,
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST DOWN VOLUME HIGH WORLD (CHINA) STOCKS UP
TRADING: DOWN NET SELLING ACCELERATED SUPPORT TESTED-CLOSED BELOW 372=TREND
TARGETS: (400 372) 361 351 335 322 LOWER HIGHS-4TH CONSECUTIVE DAY
NET POSITIONS:: USER FLAT LONG NON USER FLAT SHORT=PREVAILING STRENGTH-FLAT
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE DOWN-NEW OPEN INTEREST UP VOLUME HIGH WORLD STOCKS DOWN
TRADING: DOWN NET SELLING ACCELERATED SUPPORT TESTED TREND CLOSED@855
TARGETS: 920 890 878 (868 850 836
NET POSITIONS: USER LESS LONG NON USER NOW LONG=PREVAILING STRENGTH-FLAT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST-DOWN VOLUME HIGH WORLD STOCKS FLAT
TRADING: DOWN SELLING DECELERATED SUPPORT@REVISED TREND TESTED+CLOSED BELOW
TARGETS: 480 (499 513 524) 546 569 NEW LOW
NET POSITIONS: USER LESS LONG NON USER LESS SHORT=PREVAILING STRENGTH DOWN
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME LOW
TRADING: FLAT MATCHED SELLING DECELERATED SUPPORT BELOW TREND@LAST LOW NO BREAKOUT
TARGETS: 7780 (7573 7490) 7418 7297 7200 DUE TO 3 HIGHER CONSECUTIVE CLOSES
NET POSITIONS: USER FLAT LONG NON USER FLAT SHORT=PREVAILING STRENGTH-FLAT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME MODERATE
TRADING: DOWN MATCHED BUYING DECELERATION SUPPORT@TREND TESTED CLOSED ABOVE
TARGETS: 144 (156 165) 172 186 200 FLAT HIGHS
NET POSITIONS: USER LESS LONG NON USER MORE SHORT=RELATIVE STRENGTH-FLAT
Tuesday, November 10, 2015
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