Farm Commodity Settlements/CME, November27/2015 Friday
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: LONG LIQUIDATION AHEAD OF EXPIRY MONDAY ACCELERATED CLOSED LOWER
TARGETS: 400 (372 361) 351 335 322 PREMIUM MARKET LOWER HIGHS
POSITIONS:: USER MORE NET LONG NON USER NET LONG=RELATIVE STRENGTH MATCHED
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE DOWN OPEN INTEREST FLAT VOLUME DOWN WORLD STOCKS DOWN
TRADING: NET SELLING FLAT DECELERATED POTENTIAL REVERSAL UP MET RESISTANCE@878
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 DOWN-NEW OPEN INTEREST DOWN-FLAT VOLUME UP WORLD STOCKS FLAT
TRADING: SELLING LOWER ACCELERATED TREND HOLDING FIRM AS RESISTANCE SUPPORT@466
TARGETS: 531 503 492 (482 466) 453 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-LESS SO VOLUME DOWN
TRADING: SELLING LOWER ACCELERATED REPATRIATION TREND FIRM AS RESISTANCE SUPPORT@7490
TARGETS: 7780 (7573 7490) 7418 7297 7200 LAST ULTIMATE LOW 7418
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=RELATIVE STRENGTH INCREASED
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE FLAT-TESTED OPEN INTEREST DOWN VOLUME DOWN
TRADING: SELLING LOWER ACCELERATED TREND HOLDING FIRM AS RESISTANCE TARGET 132
TARGETS: 174 159 153 (148 139) 132 PREMIUM MARKET FLAT HIGHS
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=RELATIVE STRENGTH INCREASED
Friday, November 27, 2015
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