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FARM COMMODITY SETTLEMENTS AUGUST 9/2016 TUESDAY 

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING 
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD) 
TRADING: SHORT TERM-RELATIVE STRENGTH OF HIGH/LOW PRICE RANGE(S)-DIRECTION 
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE 

CORN/CZ16: 25 CENT DAILY LIMIT                          TEST OF BOTTOM @ 333
TREND: FLAT, TARGETS 370-356-333-294. COMMITMENTS-NEUTRAL MOMENTUM 
TRADING RANGE: FLAT LOWS-CONTRACTING+ONSIDE TREND-ONSIDE 333 
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS UP+VOLUME-MEDIUM

SOYBEANS/SX16 65 CENT DAILY LIMIT   WORKING MAKE 4TH LOWER HIGH   
TREND: DOWN, TARGETS: 1077-1050-1004-968-913. COMMITMENTS-LOSING MOMENTUM 
TRADING RANGE: UP+EXPANDED-NET BUYING+ABOVE TREND-SELLING BELOW 1004
FUTURES FORWARD AT DISCOUNT-WORLD STOCKS FLAT+VOLUME-LOW

 WHEAT/SU16: 35 CENT DAILY LIMIT    VIRTUAL REVERSAL  MAKING 4TH LOWER HIGH
TREND: DOWN LESS SO, TARGETS: 463-445-415-391 COMMITMENTS-FLAT MOMENTUM
TRADING RANGE: UP CONTRACTED-NET BUYING+DOWNSIDE TREND-ONSIDE 415
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS-UP+VOLUME-MEDIUM/HIGH

dollar cad/usd: CDU16 4.00 DAILY LIIMIT. COMMITMENTS-LOST MOMENTUM 
TREND: DOWN, TARGETS: 8018-7761-7658-7568-7418-7298, 5TH LOWER HIGH
TRADING RANGE: UP EXPANDED-NET BUYING-BELOW TREND-MIDWAY 7568-7658  
ONSIDE SUPPORT AT 5 PREVIOUS LOWS+VOLUME-MEDIUM 

HEATING OIL (ULSD)HOU16 25 CENT DAILY LIMIT  WORKING MAKE 5TH LOWER HIGH 
TRENDS: DOWN, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT MOMENTUM 
TRADING RANGE: FLAT CONTRACTED-OFFSET SELLING-REVISING TREND+DOWNSIDE 136
FUTURES FORWARD AT PREMIUM+VOLUME-MEDIUM