Farm Commodity Settlements/CME, JANUARY 14/2016 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: PRICE FLAT/NEW OPEN INTEREST UP/LESS VOLUME DOWN/LESS W/STOCKS DOWN
TRADING: FLAT MATCHED EVEN RESISTANCE LONG TERM@TREND+361/CLOSED BELOW
TARGETS: 400 372 (361-351) 335 322/NEW SUPPORT LONG TERM IN 361-351 AREA
NET POSITIONS:: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP OPEN INTEREST UP VOLUME DOWN WORLD STOCKS DOWN
TRADING: UP/STEEP DECELERATING NET BUYING SUPPORT@TREND @RESISTANCE@885
TARGETS: 852 (871-885) 896 918 941 PREMIUM MARKET HIGHER LOWS
NET POSITIONS: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE DOWN/LESS OPEN INTEREST UP VOLUME DOWN WORLD STOCKS UP
TRADING DOWN ACCELERATED SELLING BELOW TREND CLOSED ABOVE SUPPORT@466
TARGETS: 531 503 496 (482-466) 453 RESISTANCE MARKET SECOND LEG
NET POSITIONS: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/MORE OPEN INTEREST DOWN/LESS VOLUME DOWN/LESS
TRADING: FLAT NEGLIGIBLE MATCHED RESISTANCE BELOW TREND INSIDE 7073-6930
TARGETS: 7780 7477 7356 7250 (7073-6930) LOWER HIGHS OVERSOLD
NET POSITIONS: HEDGER: LESS LONG, INVESTOR: LESS SHORT = MET VOLATILE LIMIT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/.MORE OPEN INTEREST DOWN/LESS VOLUME DOWN/LESS
TRADING: DOWN/LESS DECELERATING NET BUYING MET RESISTANCE/CLOSED BELOW 104
TARGETS: 174 144 132 121 (104-90) 69 PREMIUM MARKET OVERSOLD
NET POSITIONS: HEDGER:LESS LONG, INVESTOR: LESS SHORT = NEUTRAL VOLATILITY
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