Farm Commodity Settlements/CME, DECEMBER 16/2015 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADE
TRENDS: UP/LINES ACROSS ASCENDING LOWS, DOWN/LINES ACROSS DESCENDING HIGHS
TRADING: DAILY MOVE VOLATILITY ACTIVITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE UP (GRADUAL) OPEN INTEREST DOWN VOLUME FLAT/UP WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED SELLING THROUGH/CLOSED BELOW SUPPORT@TREND/373
TARGETS: 360 (368-373-378) 386 395 PREMIUM MARKET LOWER HIGH
POSITIONS:: HEDGER/SOLD LONG SOLD SHORT INVESTOR/COVERED SHORT=LESS VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP (LESS) OPEN INTEREST /DOWN VOLUME FLAT/UP WORLD /STOCKS FLAT
TRADING: DOWN ACCELERATED NET SELLING THROUGH/CLOSED BELOW SUPPORT@865
TARGETS: (850-865-876) 885 902 928 PREMIUM MARKET LOWER HIGHS
POSITIONS: HEDGERS/SOLD SHORT INVESTORS/COVERED SHORT=LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS) OPEN INTEREST DOWN VOLUME UP WORLD STOCKS UP
TRADING DOWN ACCELERATED SELLING THROUGH/CLOSED BELOW 493 POTENTIAL REVERSAL
TARGETS: (465-493) 514 530 563 596 PREMIUM MARKET LOW VOLATILITY
POSITIONS: HEDGERS/COVERED SHORT INVESTORS/ SOLD LONG=FLAT VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST DOWN VOLUME DOWN
TRADING: DOWN ACCELERATED NET BUYING THROUGH/CLOSED ABOVE 7297/RESISTANCE
TARGETS: 7780 7573 7490 7418 (7297-7200) NEW LOW ABOVE SUPPORT@7200
POSITIONS: HEDGERS/BOUGHT LONG INVESTORS/SOLD SHORT+BOUGHT LONG=FLAT VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST FLAT/DOWN VOLUME UP
TRADING: FLAT ACCELERATED NET SELLING TESTED SUPPORT/CLOSED BELOW 115
TARGETS: 174 153 145 137 125 (115-100) PREMIUM MARKET HIGHER LOWS
POSITIONS: HEDGERS/SOLD SHORT INVESTORS/ COVERED SHORT=LESS VOLATILE
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