Farm Commodity Settlements/CME, JANUARY 28/2016 THURSDAY
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: UP/LESS OPEN INTEREST UP/LESS VOLUME DOWN/MORE WORLD STOCKS DOWN
TRADING: FLAT NARROW NET SELLING RESISTANCE@371 SUPPORT/COLSED@366
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET LOWER HIGHS FAT LOWS
POSITIONS: USER: SOLD NET SHORT, FUND: COVERED NET SHORT= LESS VOLATILE:
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: UP/LESS OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: DOWN WIDE SELLING TESTED/CLOSED BELOW REVISED TREND+871 AS SUPPORT
TARGETS: 852 (871-885) 896 918 941 FLAT HIGHS = RESISTANCE PREVAILED
POSITIONS: USER: SOLD NET SHORT, FUND: COVERED NET NET = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP /LESS OPEN INTEREST FLAT VOLUME DOWN WORLD STOCKS UP
TRADING: DOWN NARROW NET SELLING TESTED LAST DOWN TREND AS SUPPORT
TARGETS: (456-484-505) 521 554 587 PREMIUM MARKET LOWER HIGHS
POSITIONS: USER:: SOLD NET SHORT, FUND: SOLD NET LONG = FLAT VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS OPEN INTEREST FLAT-DOWN VOLUME DOWN
TRADING: UP WIDE NET BUYING MET RESISTANCE@+CLOSED BELOW TREND ABOVE 7073
TARGETS: 7780 7477 7356 (7250-7073-6932) 6720
POSITIONS: : USER: BOUGHT NET LONG, FUND: SOLD NET LONG == MORE VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/LESS OPEN INTEREST DOWN VOLUME FLAT
TRADING: UP WIDE NET SELLING THROUGH TREND RESISTANCE CLOSED ABOVE
TARGETS: 174 144 132 121 (104-90) 69 PREMIUM MARKET
POSITIONS: USER: SOLD NET SHORT, FUND: SOLD NET SHORT = FLAT VOLATILITY
Thursday, January 28, 2016
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