Farm Commodity Settlements/CME, DECEMBER 17/2015 THURSDAY
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 TURNED UP VOLUME UP WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED NET BUYING EX 360 UP THROUGH+CLOSED ABOVE TREND
TARGETS: (360-368-373)-378 386 395 PREMIUM MARKET BACK ON TREND
POSITIONS:: HEDGER/SOLD LONG SOLD SHORT INVESTOR/COVERED SHORT=LESS VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP (LESS) OPEN INTEREST FLAT VOLUME FLAT WORLD /STOCKS FLAT
TRADING: UP ACCELERATED NET BUYING THROUGH/CLOSED ABOVE RESISTANCE@876
TARGETS: (850-865-876) 885 902 928 PREMIUM MARKET POTENTIAL REVERSAL UP
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 EVEN MATCHED BUYING THROUGH RESISTANCE@/CLOSED ABOVE PREVIOUS LOW
TARGETS: (465-493) 514 530 563 596 PREMIUM MARKET HIGHER LOW
POSITIONS: HEDGERS/COVERED SHORT INVESTORS/ SOLD LONG=FLAT VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/MORE OPEN INTEREST DOWN VOLUME DOWN
TRADING: DOWN ACCELERATED SELLING THROUGH/CLOSED BELOW 7200 AWAY FROM TREND
TARGETS: 7780 7573 7490 7418 (7297-7200-7056) LOWER HIGHS OVERSOLD
POSITIONS: HEDGERS/BOUGHT LONG INVESTORS/SOLD SHORT+BOUGHT LONG=FLAT VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE OPEN INTEREST TURNING UP VOLUME DOWN
TRADING: DOWN DECELERATED NET SELLING SUPPORT@TEST OF LOW AWAY FROM TREND
TARGETS: 174 153 145 137 125 (115-100) PREMIUM MARKET OVERSOLD
POSITIONS: HEDGERS/SOLD SHORT INVESTORS/ COVERED SHORT=LESS VOLATILE
Thursday, December 17, 2015
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment