Commodity Settlements/CME, APRIL 8/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-3RD REVISED+OPEN INTEREST-TOPPING+HIGH VOLUME+W/STOCKS DOWN
TRADING: UP+DECELERATED+EVEN BUYING+NO BREAKOUT CLOSED EVEN ABOVE TREND+358
TARGETS: 348 (358-366) 371 383 395 PREMIUM MARKET HIGHER LOW HIGHER CLOSE 6TH DAY
NET COMMITMENTS: USER LONG-MORE LONG, FUND SHORT-MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-2ND REVISED+OPEN INTEREST-UP+MODERATE VOLUME+W/STOCKS-DOWN
TRADING: UP+ACCELERATED+BUYING+ABOVE TREND+MET RESISTANCE@918 BELOW OLD HIGH
TARGETS: 852 871 885 (896-918) 941 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
NET COMMITMENTS: USER SHORT-LESS SHORT, FUND LONG-LESS LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UPLESS-2ND REVISED+OPEN INTEREST UP+MODERATE VOLUME+W/STOCKS UP
TRADING: DOWN+DECELERATING+NET BUYING+PENETRATED TREND RESISTANCE-CLOSED ABOVE
TARGETS: (442-468) 488 503 533 562 PREMIUM MARKET LOWER HIGH HIGHER CLOSE
NET COMMITMENTS: USER LONG-LESS LONG, FUND SHORT-LESS SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP /LESS-2ND REVISED+ OPEN INTEREST FLAT/@ LONG TERM LOW+LOW VOLUME
TRADING: UP+ACCELERATING+BUYING+TREND SUPPORT TO-CLOSED ABOVE RESISTANCE@7650
TARGETS: 6810 7170 (7440-7650) 8010 8490 HIGHER LOW LOWER CLOSE
NET COMMITMENTS:: USER SHORT-NOW SHORT, FUND LONG-NOW LONG = MORE VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-2ND REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+ACCELERATED+BUYING+ABOVE TREND+PENETRATED+CLOSED ABOVE 116
TARGETS: 86 103 (116-126) 145 165 PREMIUM MARKET HIGHER LOW HIGHER CLOSE
NET COMMITMENTS: USER SHORT-LESS SHORT, FUND FLAT-NOW FLAT = LESS VOLATILE
Sunday, April 10, 2016
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