Farm Commodity Settlements/CME, November25/2015 Wednesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: MONTHLY LINES JOIN HIGHS WITH HIGHS+LOWS WITH LOWS GIVING DIRECTION
TRADING: DAILY ACTIVITY DIRECTION VOLATILITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE DOWN-LESS OPEN INTEREST DOWN VOLUME DOWN WORLD (CHINA) STOCKS UP
TRADING: BUYING FLAT NARROWER RANGE TESTED+CLOSED ABOVE TREND RESISTANCE
TARGETS: 400 (372 361) 351 335 322 PREMIUM MARKET FLAT LOW
POSITIONS:: USER MORE NET LONG NON USER NET LONG=RELATIVE STRENGTH MATCHED
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP+CORRECTING VOLUME FLAT WORLD STOCKS DOWN
TRADING: NET BUYING FLAT NARROWER RANGE THROUGH TREND BELOW+868 AS RESISTANCE
TARGETS: 920 890 878 (868 850) 836 PREMIUM MARKET FLAT HIGHS+LOWS
POSITIONS: USER LESS NET LONG NON USER LESS NET SHORT=RELATIVE STRENGTH DECREASED
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS-TESTED OPEN INTEREST DOWN-FLAT VOLUME UP WORLD STOCKS FLAT
TRADING: NET SELLING DOWN NARROW RANGE THROUGH/CLOSED BELOW SUPPORT@TREND+@480
TARGETS: (480 499) 513 524 546 569 PREMIUM MARKET LOWER HIGHS
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=RELATIVE STRENGTH INCREASED
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP-CORRECTING VOLUME DOWN
TRADING: MATCHED BUYING UP NARROWER RANGE MET+CLOSED BELOW RESISTANCE@TREND
TARGETS: 7780 (7573 7490) 7418 7297 7200 HIGHER LOWS
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=RELATIVE STRENGTH INCREASED
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE FLAT OPEN INTEREST DOWN VOLUME UP
TRADING: MATCHED BUYING FLAT NARROWER RANGE THROUGH RESISTANCE IN ROUND BOTTOM
TARGETS: 174 159 153 (148 139) 132 PREMIUM MARKET BOTTOM HAS FLAT TOP
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=RELATIVE STRENGTH INCREASED
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