Farm Commodity Settlements/CME, November9/2015 Monday
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 FLAT WORLD STOCKS DOWN
TRADING: DOWN SELLING ACCELERATED SUPPORT TESTED-CLOSED BELOW 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: UP MATCHED SELLING DECELERATED RESISTANCE@TREND NO RREAKOUT DOWN
TARGETS: (855 890) 916 937 978 1016 FLAT LOWS@855 FLAT 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 UP WORLD STOCKS UP
TRADING: DOWN SELLING ACCELERATED SUPPORT TESTED@TREND+CLOSED BELOW@502
TARGETS: 480 (499 513 524) 546 569 NEW LOW
NET POSITIONS: USER LESS LONG NON USER LESS SHORT=RELATIVE STRENGTH-LESS
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN
TRADING: DOWN MATCHED SELLING ACCELERATED SUPPORT TESTED@TREND+HIGHER CLOSE--
TARGETS: 7780 (7573 7490) 7418 7297 7200 NO BREAKOUT
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: DOWN NET SELLING ACCELERATION SUPPORT@TREND+LOWER CLOSE
TARGETS: 144 (156 165) 172 186 200 FLAT HIGHS
NET POSITIONS: USER LESS LONG NON USER MORE SHORT=RELATIVE STRENGTH-FLAT
Monday, November 09, 2015
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