Farm Commodity Settlements/CME, FEBRUARY 10/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING URGENCY DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS SO-2ND REVISED+OPEN INTEREST UP/MORE-VOLUME DOWN/LESS W/STOCKS FLAT
TRADING: DOWN DECELERATING MATCHED HEDGING POTENTIAL BOTTOM ABOVE 358
TARGETS: 348 (358-366) 371 383 395 PREMIUM MARKET LOWER HIGHS LOWER CLOSES
POSITIONS: USER: NET LONG SOLD NET SHORT, FUND: NET LONG/NEW BOUGHT NET LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: UP//3RD REVISED OPEN INTEREST UP/MORE VOLUME DOWN WORLD STOCKS UP
TRADING: FLAT DECELERATING NET SELLING ABOVE TREND AS SUPPORT INSIDE 871-852 BRAKES ON
TARGETS: (852-871) 885 896 918 941 PREMIUM MARKET LOWER HIGHS LOWER CLOSE
POSITIONS: USER: NET LONG SOLD NET SHORT, FUND: NET SHORT SOLD NET SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP /3RD REVISED OPEN INTEREST UP/MORE VOLUME DOWN WORLD STOCKS UP
TRADING: UP+DECELERATION+NET BUYING+TEST OF TREND+OF BOTTOM@456 SUPPORT
TARGETS: (456-484) 505 521 554 587 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER: NET LONG SOLD NET SHORT, FUND: NET SHORT SOLD NET SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 1ST REVISED OPEN INTEREST UP VOLUME DOWN
TRADING: DOWN+ACCELERATING+NET SELLING+TESTED TREND SUPPORT+CLOSED ABOVE TREND
TARGETS: 7780 7477 7356 7320 (7250-7073) 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER: NET LONG SOLD NET SHORT, FUND NET SHORT COVERED NET SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: DOWN/MORE SO-2ND REVISED OPEN INTEREST FLAT VOLUME DOWN/LESS
TRADING: DOWN+DECELERATED+SELLING 2 SIDES+CLOSED BELOW 104@TREND SUPPORT
TARGETS: 174 144 132 (121-104-90) PREMIUM MARKET LOWER HIGHS FLAT CLOSE
POSITIONS: USER: NET SHORT BOUGHT NET LONG, FUND: NET LONG SOLD NET LONG
Wednesday, February 10, 2016
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