Farm Commodity Settlements/CME, MARCH 31/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+VERY HIGH VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+MORE+SUSPECT SELLING SHORT+SUPPORT@/CLOSED ABOVE 348 YEARLY LOW
TARGETS: (348-358-366) 371 383 395 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+HIGH VOLUME+W/STOCKS-DOWN
TRADING: DOWN+MORE+MATCHED NET BUYING+SUPPORT MET@896+CLOSED ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS UP
TRADING: DOWN+MORE+NET BUYING+RESISTANCE@468 TESTED+CLOSED ABOVE 468+TREND
TARGETS: (442-468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (LESS)+MODERATE VOLUME
TRADING: UP+MORE+MATCHED NET SELLING+RESISTANCE@YEARLY HIGH OF 7791+CLOSED ABOVE 7650
TARGETS: 6810 7170 7440 (7650-8010) 8490 HIGHER LOW LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT+NET BUYING+RESISTANCE@TREND+SUPPORT@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Thursday, March 31, 2016
Tuesday, March 29, 2016
Farm Commodity Settlements/CME, MARCH 29/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+FLAT VOLATILITY+NET BUYING+RESISTANCE TESTED+CLOSED+ABOVE TREND/371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP (MORE)+MORE VOLATILITY+BUYING+RESISTANCE MET @ 918 + ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST UP (LESS)+LOW VOLUME+WORLD STOCKS UP
TRADING: UP+LESS VOLATILITY+BUYING+RESISTANCE @ HIGHS BELOW 488 ABOVE TREND
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (FLAT)+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+RESISTANCE MET/CLOSED @ 7650+TESTED @ TREND
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT VOLATILITY+NET SELLING+SUPPORT TESTED/CLOSED BELOW TREND@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+FLAT VOLATILITY+NET BUYING+RESISTANCE TESTED+CLOSED+ABOVE TREND/371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP (MORE)+MORE VOLATILITY+BUYING+RESISTANCE MET @ 918 + ABOVE TREND
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP (MODERATE)+OPEN INTEREST UP (LESS)+LOW VOLUME+WORLD STOCKS UP
TRADING: UP+LESS VOLATILITY+BUYING+RESISTANCE @ HIGHS BELOW 488 ABOVE TREND
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (FLAT)+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+RESISTANCE MET/CLOSED @ 7650+TESTED @ TREND
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT VOLATILITY+NET SELLING+SUPPORT TESTED/CLOSED BELOW TREND@116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Monday, March 28, 2016
Farm Commodity Settlements/CME, MARCH 28/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN (LESS)+MODERATE VOLUME+W/STOCKS DOWN
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED TREND RESISTANCE/CLOSED @ TREND
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE BELOW 371
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP+LESS VOLATILITY+NET SELLNG+ABOVE TREND+TESTED LAST HIGHS RESISTANCE
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW LOWER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME+WORLD STOCKS UP
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED/CLOSED ABOVE TREND ABOVE 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (LESS)+2ND REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+TESTED CLOSED @ TREND AS RESISTANCE INSIDE 7440-7650
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: FLAT+MORE VOLATILITY+NET SELLING+ON/CLOSED ABOVE TREND/116 AS SUPPORT+
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET FLAT HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN (LESS)+MODERATE VOLUME+W/STOCKS DOWN
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED TREND RESISTANCE/CLOSED @ TREND
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE BELOW 371
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP+LESS VOLATILITY+NET SELLNG+ABOVE TREND+TESTED LAST HIGHS RESISTANCE
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW LOWER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME+WORLD STOCKS UP
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED/CLOSED ABOVE TREND ABOVE 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: UP (LESS)+2ND REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+TESTED CLOSED @ TREND AS RESISTANCE INSIDE 7440-7650
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: FLAT+MORE VOLATILITY+NET SELLING+ON/CLOSED ABOVE TREND/116 AS SUPPORT+
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET FLAT HIGH LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Thursday, March 24, 2016
Farm Commodity Settlements/CME, MARCH 24/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+RESISTANCE/CLOSED @ TREND+BELOW 371
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+ABOVE TREND+RESISTANCE @ PREVIOUS HIGHS
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+FLAT VOLATILITY+MATCHED BUYING+TESTED/CLOSED ABOVE TREND BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+LEVEL-NEXT LOW IMPORTANT TO DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+RESISTANCE/CLOSED @ TREND+BELOW 371
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER (LONG)-SOLD NET SHORT, FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+ABOVE TREND+RESISTANCE @ PREVIOUS HIGHS
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+FLAT VOLATILITY+MATCHED BUYING+TESTED/CLOSED ABOVE TREND BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+LEVEL-NEXT LOW IMPORTANT TO DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE
Wednesday, March 23, 2016
Farm Commodity Settlements/CME, MARCH 23/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/MORE+LOW VOLUME+W/STOCKS DOWN
TRADING: DOWN+VOLATILITY UP+BUYING+BELOW TREND/371+TESTED/CLOSED ABOVE 366
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT VOLATILITY DOWN+NET SELLING+ABOVE TREND+RESISTANCE BELOW 918
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+TESTED/CLOSED BELOW SUPPORT @ PREVIOUS HIGH
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+HIGH VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/MORE+LOW VOLUME+W/STOCKS DOWN
TRADING: DOWN+VOLATILITY UP+BUYING+BELOW TREND/371+TESTED/CLOSED ABOVE 366
TARGETS: 348 358 (366-371) 383 395 RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT VOLATILITY DOWN+NET SELLING+ABOVE TREND+RESISTANCE BELOW 918
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+TESTED/CLOSED BELOW SUPPORT @ PREVIOUS HIGH
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+HIGH VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH LOWER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Tuesday, March 22, 2016
Farm Commodity Settlements/CME, MARCH 22/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+VOLATILITY DOWN+NET BUYING+ON TREND AS SUPPORT+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/LESS+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP VOLATILITY UP+NET BUYING+ABOVE TREND+BREAKOUT ABOVE 896 CONFIRMED
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+MATCHED OFFSET+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY DOWN+NET BUYING+LOOKING FOR CLEAR BREAKOUT CHANGING DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+MODERATE VOLUME
TRADING: UP+VOLATILITY DOWN+NET BUYING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOW HIGHER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+VOLATILITY DOWN+NET BUYING+ON TREND AS SUPPORT+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/LESS+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP VOLATILITY UP+NET BUYING+ABOVE TREND+BREAKOUT ABOVE 896 CONFIRMED
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+VOLATILITY DOWN+MATCHED OFFSET+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY DOWN+NET BUYING+LOOKING FOR CLEAR BREAKOUT CHANGING DIRECTION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+MODERATE VOLUME
TRADING: UP+VOLATILITY DOWN+NET BUYING+ABOVE TREND+CLOSED BELOW RESISTANCE@126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOW HIGHER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Monday, March 21, 2016
Farm Commodity Settlements/CME, MARCH 21/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: FLAT+MORE VOLATILITY+BUYING+TESTED/CLOSED ABOVE TREND+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+MORE VOLATILITY+NET BUYING+ABOVE TREND+TESTED/CLOSED ABOVE 896
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET FLAT HKIGHS HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS UP
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: FLAT+MORE VOLATILITY+BUYING+TESTED/CLOSED ABOVE TREND+CLOSED BELOW 371
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET TESTING HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+MORE VOLATILITY+NET BUYING+ABOVE TREND+TESTED/CLOSED ABOVE 896
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET FLAT HKIGHS HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS UP
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 LOWER HIGH LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET LOWER HIGH CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Sunday, March 20, 2016
Farm Commodity Settlements/CME, MARCH 18/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST DOWN+LOW VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+LOW VOLATILITY+SELLNG+TESTED/CLOSED BELOW 371/TREND RESISTANCE
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET LOWER HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+REDUCED VOLATILITY+MATCHED SELLING+ABOVE TREND @ 896 AS SUPPORT
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+LOW/REDUCED VOLATILITY+MATCHED BUYING+BELOW TREND+CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN+3RD REVISED/LESS SO+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: UP+REDUCED VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS SO+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST DOWN+LOW VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+LOW VOLATILITY+SELLNG+TESTED/CLOSED BELOW 371/TREND RESISTANCE
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET LOWER HIGH IN CONSOLIDATION
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: FLAT+REDUCED VOLATILITY+MATCHED SELLING+ABOVE TREND @ 896 AS SUPPORT
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+LOW VOLUME+WORLD STOCKS UP
TRADING: DOWN+LOW/REDUCED VOLATILITY+MATCHED BUYING+BELOW TREND+CLOSED BELOW 468
TARGETS: (442 -468) 488 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: DOWN+3RD REVISED/LESS SO+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: UP+REDUCED VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 HIGHER LOW HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS SO+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE
Thursday, March 17, 2016
Farm Commodity Settlements/CME, MARCH 17/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: UP+INCREASING+SELLNG+MET RESISTANCE@371+TESTED/CLOSED@366 SUPPORT
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET ON TREND AS SUPPORT
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME HIGH+WORLD STOCKS-DOWN
TRADING: UP+INCREASING+NET BUYING+ABOVE TREND TESTED/COLSED@896
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+VOLUME MODERATE+STOCKS UP
TRADING: DOWN+INCREASED+NET SELLING+BELOW TREND+TESTED/CLOSED BELOW 468 AS SUPPORT
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN+3RD REVISED/LESS+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+DECREASED+NET BUYING+ROLLING+COVERING FORMED A SUSPECTED SPIKE (TOP)
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME HIGH
TRADING: UP+DECREASED+BUYING+ABOVE TREND+@116 AS SUPPORT+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: UP+INCREASING+SELLNG+MET RESISTANCE@371+TESTED/CLOSED@366 SUPPORT
TARGETS: 348 358 (366-371) 383 395 PREMIUM MARKET ON TREND AS SUPPORT
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME HIGH+WORLD STOCKS-DOWN
TRADING: UP+INCREASING+NET BUYING+ABOVE TREND TESTED/COLSED@896
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+VOLUME MODERATE+STOCKS UP
TRADING: DOWN+INCREASED+NET SELLING+BELOW TREND+TESTED/CLOSED BELOW 468 AS SUPPORT
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN+3RD REVISED/LESS+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+DECREASED+NET BUYING+ROLLING+COVERING FORMED A SUSPECTED SPIKE (TOP)
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME HIGH
TRADING: UP+DECREASED+BUYING+ABOVE TREND+@116 AS SUPPORT+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
Wednesday, March 16, 2016
Farm Commodity Settlements/CME, MARCH 16/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: FLAT DAY 3+DECREASING+BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS LOWER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME LOW+WORLD STOCKS-DOWN
TRADING: DOWN+DECREASING+NET BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: DOWN+INCREASED+SELLING+BELOW/CLOSED BELOW TREND+FORMING A NEW HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+INCREASED+NET BUYING+TRYING TO BREAKOUT+NEED HIGHER CLOSE CONFIRMATION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME MODERATE
TRADING: UP+INCREASED+BUYING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: FLAT DAY 3+DECREASING+BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS LOWER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME LOW+WORLD STOCKS-DOWN
TRADING: DOWN+DECREASING+NET BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP/1ST REVISED+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: DOWN+INCREASED+SELLING+BELOW/CLOSED BELOW TREND+FORMING A NEW HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+INCREASED+NET BUYING+TRYING TO BREAKOUT+NEED HIGHER CLOSE CONFIRMATION
TARGETS: (7780-7477) 7356 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME MODERATE
TRADING: UP+INCREASED+BUYING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT
Tuesday, March 15, 2016
Farm Commodity Settlements/CME, MARCH 15/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS FLAT
TRADING: FLAT+DECREASING+NET BUYING+ON/CLOSED ABOVE SUPPORT@TREND+366
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS HIGHER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-FLAT+VOLUME MEDIUM+W/STOCKS-UP
TRADING: DOWN+DECREASING+NET SELLING+RESISTANCE@896+SUPPORT@TREND
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: FLAT+DECREASING+NET BUYING+APPEARS MAKING A LONG TERM LOWER HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: DOWN+INCREASED+SELLING+UNABLE BREAKOUT ABOVE RESISTANCE @7477
TARGETS: 7780 (7477-7356) 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: UP+INCREASED+NET SELLING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT COVERED SHORT
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS FLAT
TRADING: FLAT+DECREASING+NET BUYING+ON/CLOSED ABOVE SUPPORT@TREND+366
TARGETS: 348 (358-366-371) 383 395 PREMIUM MARKET FLAT HIGHS HIGHER CLOSE
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG, FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-FLAT+VOLUME MEDIUM+W/STOCKS-UP
TRADING: DOWN+DECREASING+NET SELLING+RESISTANCE@896+SUPPORT@TREND
TARGETS: 852 871 (885-896) 918 941 PREMIUM MARKET LOWER HIGH LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT
TRENDS: UP+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP
TRADING: FLAT+DECREASING+NET BUYING+APPEARS MAKING A LONG TERM LOWER HIGH
TARGETS: 442 (468-488) 503 533 562 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: DOWN+INCREASED+SELLING+UNABLE BREAKOUT ABOVE RESISTANCE @7477
TARGETS: 7780 (7477-7356) 7320 7250 7073 6932 6720 POINT OF MAJOR RESISTANCE
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: UP+INCREASED+NET SELLING+ABOVE TREND+@116+OVERBOUGHT
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOWS LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT COVERED SHORT
Subscribe to:
Posts (Atom)