Farm Commodity Settlements/CME, JANUARY 15/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH OF TRADING
TRENDS: LINES OF PROTRUDING ASCENDING LOWS, OF EXCESSIVE 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 FLAT OPEN INTEREST UP/LESS VOLUME DOWN/MORE W/STOCKS DOWN
TRADING: UP ACTIVE NET BUYING TESTED RESISTANCE/CLOSED ABOVE TREND+361
TARGETS: 400 (372-361-351) 335 322 RESISTANCE@361-LONG TERM = SIGNIFICANT
POSITIONS: USER: COVERED NET SHORT, FUND: SOLD NET SHORT= MORE VOLATILE:
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: DOWN ACCELERATING NET SELLING MET/CLOSED ABOVE SUPPORT@TREND+871
TARGETS: 852 (871-885) 896 918 941 PREMIUM MARKET HIGHER LOWS
POSITIONS: USER: SOLD NET SHORT, FUND: BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP/LESS VOLUME DOWN WORLD STOCKS UP
TRADING DOWN DECELERATED NET BUYING BELOW TREND MET/CLOSED ABOVE SUPPORT@466
TARGETS: 531 503 496 (482-466) 453 RESISTANCE MARKET SECOND LEG
POSITIONS: USER:: SOLD NET LONG, FUND: COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/STEEPE OPEN INTEREST DOWN/LESS VOLUME DOWN/LESS
TRADING: DOWN ACTIVE SELLING BELOW TREND TESTED/CLOSED BELOW SUPPORT@6930
TARGETS: 7780 7477 7356 7250 (7073-6932-6720) LOWER HIGHS OVERSOLD
POSITIONS: : USER: SOLD NET SHORT, FUND: COVERED NET SHORT == LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE OPEN INTEREST DOWN/LESS VOLUME DOWN
TRADING: DOWN ACTIVE SELLING CLOSED BELOW RESISTANCE@TREND ABOVE 90
TARGETS: 174 144 132 121 (104-90) 69 PREMIUM MARKET OVERSOLD
POSITIONS: USER: COVERED NET SHORT, FUND: SOLD NET LONG = NEUTRAL VOLATILITY
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