Friday, July 29, 2016


FARM COMMODITY SETTLEMENTS JULY 29/2016 FRIDAY 

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING 
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD) 
TRADING: DAILY/WEEKLY- DIRECTION, MOMENTUM, ACTIVITY PREVAILING STRENGTH 
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE 

CORN/CZ16: 25 CENT DAILY LIMIT                          UP FROM BOTTOM @ 333
TREND: DOWN, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOSING MOMENTUM 
TRADING: DOWN-LOSING MOMENTUM-NET BUYING+TESTED/CLOSED ABOVE TREND+333 
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS UP 

SOYBEANS/SX16 65 CENT DAILY LIMIT                  UP FROM BOTTOM AT 968 
TREND DOWN, TARGETS: 1077-1050-1004-968. COMMITMENTS-LOSING MOMENTUM 
TRADING: FLAT+GAINING MOMENTUM-BUYING+/CLOSED BELOW RESISTANCE AT 1004 
FUTURES FORWARD AT DISCOUNT-WORLD STOCKS FLAT 

WHEAT/SU16: 35 CENT DAILY LIMIT                        TEST OF SUPPORT AT 415 
TREND: DOWN, TARGETS: 463-445-415-391 COMMITMENTS-MAINTAINED MOMENTUM 
TRADING: DOWN-LOST MOMENTUM-NET SELLING-MET RESISTANCE AT TREND BELOW 415 
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS-UP 

DOLLAR CAN/USD: CDU16 4.00 DAILY LIIMIT. COMMITMENTS-MAINTAINED MOMENTUM 
TREND: DOWN, TARGETS: 8018-7761-7658-7568-7418-7298, 
TRADING: UP-GAINED MOMENTUM-BUYING-TESTED/CLOSED ABOVE RESISTANCE AT 7658 
BELOW TREND-ABOVE RESISTANCE AT 5 PREVIOUS LOWS 

HEATING OIL (ULSD)HOU16 25 CENT DAILY LIMIT  DOWN FROM 4 LOWER HIGHS 
TRENDS: DOWN, TARGETS: 158-142-136-130-121-113, COMMITMENTS-LOST MOMENTUM 
TRADING: DOWN-LOSING MOMENTUM-MATCHED BUYING-SUPPORT AT 130+OLD LOW 
DOWN FROM 5TH LOWER HIGH-NEW LOW-FUTURES FORWARD AT PREMIUM

Monday, July 25, 2016

Commodity Settlements/CME, JULY 25/2016 MONDAY

Markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY/WEEKLY MOVE: DIRECTION, MOMENTUM, ACTIVITY PREVAILING STRENGTH
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE

CORN/CZ16: 25 CENT DAILY LIMIT POTENTIAL       UP FROM BOTTOM @ 333
TREND: DOWN/LESS SO, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOST MOMENTUM
TRADING: 1ST DAY UP-LESS MOMENTUM-MATCHED-VOLUME UP-HIGHER LOW-FLAT CLOSE
OVERSOLD-ABOVE SUPPORT@333-FUTURES FORWARD AT PREMIUM-FREE WORLD/STOCKS UP

SOYBEANS/SX16 65 CENT DAILY LIMIT      POTENTIAL BOTTOM FOR THIS MOVE
TREND DOWN/MORE SO, TARGETS: 1077-1050-1004-968. COMMITMENTS-LOST MOMENTUM
TRADING: DOWN-LESS MOMENTUM-NET SELLING-HIGHER VOLUME-LOWER CLOSE
OVERSOLD-TESTED/CLOSED BELOW 968-FUTURES FORWARD AT DISCOUNT-WORLD STOCKS FLAT

WHEAT/SU16: 35 CENT DAILY LIMIT POTENTIAL     UP FROM BOTTOM AT 415
TREND: DOWN/LESS SO, TARGETS: 463-445-415-391 COMMITMENTS-MAINTAINED MOMENTUM
TRADING: UP-LESS MOMENTUM-NET BUYING-HIGHER VOLUME-HIGHER LOW-HIGHER CLOSE
TREND AS RESISTANCE/CLOSED ABOVE-FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS-UP

CANADIAN DOLLAR/USD: CDU16 4.00 DAILY LIIMIT. COMMITMENTS-GAINED MOMENTUM
TREND: DOWN/MORE SO, TARGETS: 8018-7761-7658-7568-7418-7298,
TRADING: DOWN-LESS MOMENTUM-SELLING-LOWER VOLUME-LOWER HIGHS-LOWER CLOSE
BELOW TREND-TESTED/CLOSED BELOW SUPPORT AT 5 PREVIOUS LOWS

HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT 
TRENDS: DOWN, TARGETS: 158-142-136-130-121-113, COMMITMENTS-MAINTAINED MOMENTUM
TRADING: DOWN-LOSING MOMENTUM-FLAT VOLUME-LOWER HIGHS-LOWER CLOSE
BELOW TREND-DOWN FROM 5TH LOWER HIGH-NEW LOW

Friday, July 22, 2016

Commodity Settlements/CME, JULY 25/2016 MONDAY markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD) TRADING: DAILY/WEEKLY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE CORN/CZ16: 25 CENT DAILY LIMIT POTENTIAL BOTTOM FOR THIS MOVE TREND-LINE DOWN/LESS SO, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOST MOMENTUM TRADING: DOWN-NET BUYING-LOSING MOMENTUM-VOLUME DOWN-LOWER HIGH-HIGHER CLOSE BELOW REVISED TREND-LINE-TESTED/CLOSED ABOVE SUPPORT@333-FREE WORLD/STOCKS UP SOYBEANS/SX16 65 CENT DAILY LIMIT POTENTIAL BOTTOM FOR THIS MOVE TREND-LINE DOWN/LESS SO, TARGETS: 1077-1050-1004-968. COMMITMENTS-LOST MOMENTUM TRADING: DOWN-NET SELLING-GAINED MOMENTUM-LOWER VOLUME-LOWER CLOSE TESTED SUPPORT@YEARLY TREND-LINE UP+@968-CLOSED ABOVE 968-BELOW TREND-WORLD STOCKS FLAT WHEAT/SU16: 35 CENT DAILY LIMIT POTENTIAL BOTTOM FOR THIS MOVE TREND-LINE DOWN/LESS SO, TARGETS: 463-445-415-391 COMMITMENTS-MAINTAINED MOMENTUM TRADING: UP-NET BUYING-GAINED MOMENTUM-HIGHER VOLUME-LOWER LOW-HIGHER CLOSE @TREND-LINE AS RESISTANCE-CLOSED@TREND-LINE-TEST OF BOTTOM@415-FREE WORLD STOCKS-UP CANADIAN DOLLAR/USD: CDU16 4.00 DAILY LIIMIT. COMMITMENTS-GAINED MOMENTUM TREND-LINE DOWN/MORE SO, TARGETS: 8018-7761-7658-7568-7418-7298, TRADING: DOWN-NET SELLING-GAINED MOMENTUM-HIGHER VOLUME-LOWER HIGH-LOWER CLOSE BELOW TREND-LINE-RELATIVE STRENGTH LIES IN SUPPORT@THIS THE SIXTH FLAT LOW HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT A SECOND LOWER HIGH CONFIRMS DIRECTION TREND-LINE DOWN/LESS SO, TARGETS: 158-142-136-130-121-113, COMMITMENTS-LOST MOMENTUM TRADING: DOWN-NET SELLING-LOST MOMENTUM-HIGHER VOLUME-LOWER HIGH-LOWER CLOSE BELOW TREND-LINE-@SUPPORT@136+CONVERGING RALLY TREND-NET SELLING INDICATES SOME BUYING

Saturday, July 16, 2016

Commodity Settlements/CME, JULY 15/2016 FRIDAY

markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY/WEEKLY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    SECOND PROTRUDING LOWER HIGH-CONFIRMS DIRECTION
TREND-LINE DOWN/LESS SO, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOSING MOMENTUM
TRADING: DOWN-NET SELLING-MAINTAINING MOMENTUM-VOLUME DOWN-LOWER HIGH-LOWER CLOSE
BELOW REVISED TREND-LINE-TESTED/CLOSED ABOVE SUPPORT@356-FREE WORLD/STOCKS UP

SOYBEANS/NOV16 65 CENT DAILY LIMIT  SECOND PROTRUDING LOWER HIGH-CONFIRMS DIRECTION
TREND-LINE DOWN/LESS SO, TARGETS: 1108-1077-1050-1030-1018. COMMITMENTS-LOSING MOMENTUM
TRADING: DOWN-MATCHED EVEN-LOST MOMENTUM-LOWER VOLUME-LOWER CLOSE  
BELOW REVISED TREND-LINE-TESTED SUPPORT@OLD RALLY LINE ABOVE 1030-WORLD STOCKS FLAT

WHEAT/SEPT16: 35 CENT DAILY LIMIT   A SECOND PROTRUDING LOWER HIGH-CONFIRMS DIRECTION
TREND-LINE DOWN/LESS SO, TARGETS: 534-483-463-445-415-391  COMMITMENTS-GAINING MOMENTUM
TRADING: DOWN-NET SELLING-MAINTAINED MOMENTUM-FLAT VOLUME-LOWER HIGH/CLOSE
BELOW REVISED TREND-LINE-MET SUPPORT@PEVIOUS LOWS--FREE WORLD STOCKS-UP 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINING MOMENTUM
TREND-LINES ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: FLAT-NET SELLING-HOLDING MOMENTUM-LOWER VOLUME-LOWER LOW-LOWER CLOSE
UPWARD TREND-LINE AS SUPPORT BEING TESTED-RELATIVE STRENGTH LIES IN 4 LOWER HIGHS 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT  A SECOND LOWER HIGH CONFIRMS DIRECTION
TREND-LINE DOWN/LESS SO, TARGETS: 158-142-136-130-121-113, COMMITMENTS-GAINED MOMENTUM
TRADING: FLAT-MATCHED SELLING-LOSING MOMENTUM-LOWER VOLUME-FLAT LOW-LOWER CLOSE
BELOW TREND-LINE-BELOW 142-ABOVE NEW LOW JUST ABOVE 137        

Thursday, July 14, 2016

Commodity Settlements/CME, JULY 14/2016 THURSDAY

markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY/WEEKLY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT      A POTENTIAL SECOND PROTRUDING LOWER HIGH
TREND-LINE DOWN/LESS, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOSING MOMENTUM
TRADING: UP-NET SELLING-GAINED MOMENTUM-VOLUME FLAT-HIGHER LOW LOWER CLOSE
ABOVE TREND-LINE-RESISTANCE@382-CLOSED BELOW SUPPORT@370-FREE WORLD/STOCKS UP

SOYBEANS/NOV16 65 CENT DAILY LIMIT  A POTENTIAL SECOND PROTRUDING LOWER HIGH                                         
TREND-LINE DOWN/LESS SO-TARGETS: 1108-1077-1050-1030-1018. COMMITMENTS-LOSING MOMENTUM
TRADING: DOWN-MATCHED EVEN-LOST MOMENTUM-LOWER VOLUME-LOWER CLOSE
BELOW REVISED TREND-LINE-TESTED SUPPORT@OLD RALLY LINE ABOVE 1030-WORLD STOCKS-FLAT

WHEAT/SEPT16: 35 CENT DAILY LIMIT         A SECOND PROTRUDING LOWER HIGH        
TREND-LINE DOWN/LESS, TARGETS: 534-483-463-445-415-391  COMMITMENTS-GAINING MOMENTUM         
TRADING: DOWN-NET SELLING-GAINED MOMENTUM-FLAT VOLUME-LOWER HIGH/CLOSE
ABOVE TREND-LINE-MET RESISTANCE@445-CLOSED BELOW--FREE WORLD STOCKS-UP 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINING MOMENTUM   
TREND-LINES ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: UP-BUYING-GAINING MOMENTUM-LOWER VOLUME-HIGHER LOW-HIGHER CLOSE
PENETRATED RESISTANCE@TREND-LINE+7761-CLOSED ABOVE BOTH 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT  A SECOND LOWER HIGH            
TREND-LINE DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: FLAT-NET BUYING-LOST MOMENTUM-LOWER VOLUME-LOWER HIGH-HIGHER CLOSE
BELOW TREND-LINE-BELOW 142-ABOVE NEW LOW         

Wednesday, July 13, 2016


Commodity Settlements/CME, JULY 13/2016 WEDNESDAY

markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY/WEEKLY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT      A REVERSAL WITH TODAY"S HIGHER CLOSE
TREND DOWN/LESS, TARGETS 449-382-370-356-333-294. COMMITMENTS-LOSING MOMENTUM
TRADING: UP-NET BUYING-MODERATE-ABOVE TREND-RESISTANCE@OLD RALLY@370
VOLUME UP/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE-FREE WORLD/STOCKS UP

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                           
TREND DOWN/LESS, TARGETS: 1186-1108-1077-1050-1018. COMMITMENTS-LOST MOMENTUM       
TRADING: UP-NET BUYING-MODERATE-BELOW TREND-TESTED RESISTANCE/CLOSED@1108  
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE-WORLD STOCKS FLAT

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINING MOMENTUM         
TRADING: UP-SELLING BOTH SIDES-MODERATE-ABOVE TREND-RESISTANCE/CLOSED BELOW 445
VOLUME FLAT/OPEN INTEREST FLAT-HIGHER LOW-FLAT CLOSE-FREE WORLD STOCKS-UP 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINING MOMENTUM   
TRENDS ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: UP-NET BUYING-MODERATE-TESTED/CLOSED ON UP TREND-BELOW 7761
VOLUME UP/OPEN INTEREST FLAT-HIGHER LOW-HIGHER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DOWN-SELLING-MODERATE-BELOW TREND-MET SUPPORT@136
VOLUME UP/OPEN INTEREST FLAT-LOWER HIGH-LOWER CLOSE         

Tuesday, July 12, 2016

Commodity Settlements/CME, JULY 12/2016 TUESDAY

markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY/WEEKLY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT        NO REVERSAL-GAP WAS FILLED
TREND DOWN/LESS, TARGETS 449-382-356-333-294-263. COMMITMENTS-LOSING MOMENTUM
TRADING: FLAT-NET MIXED MOMENTUM FLAT-OFF TREND-CLOSED ABOVE RESISTANCE@356
VOLUME FLAT/OPEN INTEREST UP-LOWER HIGH-HIGHER CLOSE-FREE WORLD/STOCKS UP

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                           
TREND DOWN/LESS, TARGETS: 1077-1050-1018-1004-968. COMMITMENTS-LOST MOMENTUM       
TRADING: UP-BUYING-GAINED MOMENTUM-FROM NEW LOW-ON TREND/LAST RALLY@1077-  
VOLUME UP/OPEN INTEREST DOWN-HIGHER/FLAT LOW-HIGHER CLOSE-WORLD STOCKS FLAT

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINING MOMENTUM         
TRADING: FLAT/DOWN-MIXED-FLAT MOMENTUM-FLAT OFF TREND -INSIDE 415-445
VOLUME FLAT/OPEN INTEREST FLAT-LOWER HIGH-HIGHER CLOSE-FREE WORLD STOCKS-UP 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINING MOMENTUM   
TRENDS ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: UP-NET BUYING-GAINED MOMENTUM-MET RESISTANCE@TREND-TESTED 7658
VOLUME/OPEN INTEREST-FLAT NEW HIGHER LOW-HIGHER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: UP-BUYING GAINED MOMENTUM-MET RESISTANCE BELOW TREND-INSIDE 142-158
VOLUME UP/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE         

Sunday, July 10, 2016

Commodity Settlements/CME, JULY 8/2016 FRIDAY

markets PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY MOVE: LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVE: DIRECTION, ACTIVITY. MOMENTUM, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT      APPEARS TO BE ISLAND REVERSAL IN FORMATION
TREND DOWN/LESS, TARGETS 449-382-356-333-294-263. COMMITMENTS-LOSING MOMENTUM
TRADING: UP-BUYING MOMENTUM FLAT-FROM TREND-TESTED/CLOSED ABOVE RESISTANCE@356
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-FLAT CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                           
TREND DOWN/LESS, TARGETS: 1077-1050-1018-1004-968. COMMITMENTS-LOST MOMENTUM       
TRADING: FLAT-BUYING-LOST MOMENTUM-OFF TREND-TESTED/CLOSED ABOVE RESIISTANCE@1050  
VOLUME DOWN/OPEN INTEREST FLAT-LOWER HIGH-HIGHER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINING MOMENTUM         
TRADING: FLAT-NET BUYING-GAINED MOMENTUM-SUPPORT@TREND-RESISTANCE BELOW 445
VOLUME FLAT/OPEN INTEREST DOWN-HIGHER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINING MOMENTUM   
TRENDS ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: DOWN-NET SELLING-LOST MOMENTUM-BELOW TREND UP-TESTED SUPPORT@7658
VOLUME/OPEN INTEREST-FLAT LOWER HIGH-LOWER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DOWN-MATCHED SELLING LOST MOMENTUM-BELOW TREND-SUPPORT@142
VOLUME//OPEN INTEREST DOWN-LOWER HIGH-FLAT CLOSE=REVERSAL NOT CONFIRMED         

Wednesday, July 06, 2016

Commodity Settlements/CME, JULY 6/2016 WEDNESDAY

markets PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT      POSSIBLE START OF ISLAND REVERSAL UP
TREND DOWN, TARGETS 449-382-356-333-294-263. COMMITMENTS-LOSING MOMENTUM
TRADING: DOWN-LOSING MOMENTUM-SELLING-ABOVE  TREND-TESTED/CLOSED BELOW 356
VOLUME DOWN/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                           
TREND DOWN/LESS, TARGETS: 1186-1108-1077-1050. COMMITMENTS-GAINED MOMENTUM       
TRADING: DOWN-LOST MOMENTUM-NET BUYING-BABOVE TREND-TESTED SUPPORT@1050  
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINING MOMENTUM         
TRADING: FLAT-LOST MOMENTUM-SELLING-MEWT TREND RESISTANCE-ABOVE SUPPORT@415
VOLUME DOWN/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-LOSING MOMENTUM   
TRENDS ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: DOWN-LOST MOMENTUM-NET BUYING-TESTED/CLOSED ABOVE TREND UP/7658
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-HIGHER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DOWN-LOST MOMENTUM-NET BUYING-BELOW TREND-CLOSED AB0VE 142
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-HIGHER CLOSE         

Tuesday, July 05, 2016

Commodity Settlements/CME, JULY 5/2016 TUESDAY

markets PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT        APPEARS AS EXHAUSTION GAP=356-333 BOTTOM 
TREND DOWN, TARGETS 449-382-356-333-294-263. COMMITMENTS-LOSING MOMENTUM
TRADING: DOWN/GAP-LOSING MOMENTUM-BUYING-ON TREND-TESTED/CLOSED ABOVE 356
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT   POSSIBLE BREAK AWAY GAP AT THESE LEVELS                                         
TREND DOWN/LESS, TARGETS: 1186-1108-1077-1050. COMMITMENTS-GAINED MOMENTUM       
TRADING: DOWN/GAP-GAINED MOMENTUM-SELLING-BELOW TREND-TESTED SUPPORT@1077  
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINING MOMENTUM         
TRADING: DOWN-GAINED MOMENTUM-BUYING-ON TREND-MET SUPPORT@415
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-HIGHER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-LOSING MOMENTUM   
TRENDS ONE DOWN/ONE UP=CONVERGENCE, TARGETS: 8018-7761-7658-7568-7418-7298,          
TRADING: FLAT-GAINED MOMENTUM-NET SELLING ON TREND UP-TESTED/CLOSED BELOW 7761
VOLUME DOWN/OPEN INTEREST UP-HIGHER HIGH-LOWER LOW-LOWER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DOWN/REVERSAL-GAINED MOMENTUM-SELLING-TESTED/CLOSED BELOW TREND
VOLUME UP/OPEN INTEREST UP-HIGHER HIGH-LOWER LOW-LOWER CLOSE         

Friday, July 01, 2016

Commodity Settlements/CME, JULY 1/2016 FRIDAY


MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT             TEST OF BOTTOM@370-LESS BEARISH
TREND DOWN, TARGETS 424-418-407-399-386-370. COMMITMENTS-LOST MOMENTUM
TRADING: FLAT-LOST MOMENTUM-NET SELLING-OFF TREND-CLOSED BELOW 370
VOLUME DOWN/OPEN INTEREST UP-LOWER HIGH-FLAT CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN/LESS, TARGETS: 1186-1108-1077-1050. COMMITMENTS-GAINED MOMENTUM       
TRADING: FLAT-LOST MOMENTUM-NET SELLING-ON TREND-OLD RESISTANCE@1152  
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391      COMMITMENTS-GAINED MOMENTUM         
TRADING: DOWN-HOLDING MOMENTUM-SELLING-OFF TREND-TESTED CLOSED BELOW 445
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.  COMMITMENTS-GAINED MOMENTUM   
TREND DOWN, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: UP-HOLDING MOMENTUM-NET BUYING-OFF TREND-TESTED/CLOSED BELOW 7761
VOLUME DOWN/OPEN INTEREST FLAT-HIGHER LOW-HIGHER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DOWN-LOST MOMENTUM-NET BUYING-ON TREND-@RESISTANCE@TREND
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-HIGHER CLOSE         
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