Farm Commodity Settlements/CME, FEBRUARY 11/2016 THURSDAY
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/LESS-VOLUME DOWN WORLD STOCKS FLAT
TRADING: FLAT ACCELERATED MATCHED SELLING POTENTIAL BOTTOM ABOVE 358+TREND
TARGETS: 348 (358-366) 371 383 395 PREMIUM MARKET FLAT LOWS FLAT 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/LESS VOLUME DOWN WORLD STOCKS UP
TRADING: UP ACCELERATING NET BUYING ABOVE TREND SUPPORT TESTED/CLOSED ABOVE 871
TARGETS: (852-871) 885 896 918 941 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: USER: NET LONG SOLD NET SHORT, FUND: NET SHORT SOLD NET SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: DOWN/3RD REVISED OPEN INTEREST UP/MORE VOLUME DOWN W/STOCKS UP
TRADING: UP+ACCELERATION+OFFSET SELLING+TESTED/CLOSED BELOW TREND RESISTANCE@456
TARGETS: 531 503 492 482 (466-453) PREMIUM MARKET HIGHER LOWS LOWER 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 FLAT VOLUME UP
TRADING: DOWN+ACCELERATING+OFFSET BUYING+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 UP VOLUME DOWN/LESS
TRADING: DOWN+DECELERATED+BUYING+CLOSED BELOW 104 ABOVE TREND SUPPORT
TARGETS: 174 144 132 (121-104-90) PREMIUM MARKET LOWER HIGHS HIGHER CLOSE
POSITIONS: USER: NET SHORT BOUGHT NET LONG, FUND: NET LONG SOLD NET LONG
Thursday, February 11, 2016
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