Farm Commodity Settlements/CME, November 6/2015 Friday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE 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 UP VOLUME UP WORLD STOCKS DOWN
TRADING: DOWN NET SELLING DECELERATED BREAKOUT MET SUPPORT@372
TARGETS: (400 372) 361 351 335 322 LOWER HIGHS BELOW TREND
NET POSITIONS:: USER FLAT LONG NON USER FLAT SHORT=RELATIVE STRENGTH-FLAT
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME DOWN WORLD STOCKS UP
TRADING: DOWN NET BUYING DECELERATED SUPPORT@PREVIOUS LOW+ABOVE 855
TARGETS: (855 890) 916 937 978 1016 FLAT LOWS@855 HIGHER CLOSE
NET POSITIONS: USER LESS LONG NON USER NOW LONG=RELATIVE STRENGTH-FLAT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST-DOWN VOLUME DOWN WORLD STOCKS UP
TRADING: FLAT MATCHED BUYING FLAT TESTED RESISTANCE@524+CLOSED BELOW
TARGETS: 480 499 513 524 546 569 LOWER HIGH
NET POSITIONS: USER LESS LONG NON USER LESS SHORT=RELATIVE STRENGTH-LESS
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN-NEW OPEN INTEREST UP VOLUME UP
TRADING: DOWN NET SELLING ACCELERATED TESTED+CLOSED ABOVE SUPPORT@7490
TARGETS: 7780 (7573 7490) 7418 7297 7200 LOWER HIGHS
NET POSITIONS: USER FLAT LONG NON USER FLAT SHORT=RELATIVE STRENGTH-FLAT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST UP VOLUME UP
TRADING: FLAT MATCHED SELLING DECELERATION ABOVE TREND SUPPORT
TARGETS: 144 (156 165) 172 186 200 HIGHER LOWS
NET POSITIONS: USER LESS LONG NON USER MORE SHORT=RELATIVE STRENGTH-FLAT
Saturday, November 07, 2015
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