FARM COMMODITY SETTLEMENTS AUGUST 15/2016 MONDAY
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 WORKING TO MAKE NEW HIGH
TREND: FLAT, TARGETS 370-356-333-294. COMMITMENTS-LOST MOMENTUM
TRADING RANGE: UP-CONTRACTED-+NET BUYING-UPSIDE TREND-UPSIDE 333
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS UP+VOLUME-MODERATE
SOYBEANS/SX16 65 CENT DAILY LIMIT WORKING TO REVERSE TREND
TREND: DOWN, TARGETS: 1077-1050-1004-968-943. COMMITMENTS-GAINED MOMENTUM
TRADING RANGE: UP-EXPANDING-BUYING+UPSIDE TREND-ONSIDE 1004
FUTURES FORWARD AT DISCOUNT-FREE WORLD STOCKS UP+VOLUME-LOW
FUTURES FORWARD AT DISCOUNT-FREE WORLD STOCKS UP+VOLUME-LOW
WHEAT/WZ16(NEW): 35 CENT DAILY LIMIT APPEARS AS 5TH LOWER HIGH
TREND: DOWN LESS SO, TARGETS: 484-467-439-417 COMMITMENTS-LOST MOMENTUM
TRADING RANGE: UP-CONTRACTED-OFFSET SELLING-ONSIDE TREND-ONSIDE 439
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS-UP+VOLUME-MODERATE
TREND: DOWN LESS SO, TARGETS: 484-467-439-417 COMMITMENTS-LOST MOMENTUM
TRADING RANGE: UP-CONTRACTED-OFFSET SELLING-ONSIDE TREND-ONSIDE 439
FUTURES FORWARD AT PREMIUM-FREE WORLD STOCKS-UP+VOLUME-MODERATE
dollar cad/usd: CDU16 4.00 DAILY LIIMIT. COMMITMENTS-LOST MOMENTUM
TREND: DOWN LESS SO-CONVERGING TREND UP, TARGETS: 7805-7761-7658-7568,
TRADING RANGE: UP-CONTRACTED-NET BUYING-ONLINE TREND-BELOW 7761
SUPPORT AT 5 PREVIOUS LOWS+VOLUME-LOW-POTENTIAL FOR REVERSAL OF TREND
HEATING OIL (ULSD)HOU16 25 CENT DAILY LIMIT POTENTIAL 6TH/LAST LOWER HIGH
TREND: DOWN LESS SO, TARGETS: 158-142-136-130, COMMITMENTS-LOST MOMENTUM
TRADING RANGE: UP-CONTRACTING-BUYING-UPSIDE TREND+UPSIDE 142
FUTURES FORWARD AT PREMIUM+VOLUME-MODERATE+POTENTIAL REVERSAL OF TREND
TREND: DOWN LESS SO-CONVERGING TREND UP, TARGETS: 7805-7761-7658-7568,
TRADING RANGE: UP-CONTRACTED-NET BUYING-ONLINE TREND-BELOW 7761
SUPPORT AT 5 PREVIOUS LOWS+VOLUME-LOW-POTENTIAL FOR REVERSAL OF TREND
HEATING OIL (ULSD)HOU16 25 CENT DAILY LIMIT POTENTIAL 6TH/LAST LOWER HIGH
TREND: DOWN LESS SO, TARGETS: 158-142-136-130, COMMITMENTS-LOST MOMENTUM
TRADING RANGE: UP-CONTRACTING-BUYING-UPSIDE TREND+UPSIDE 142
FUTURES FORWARD AT PREMIUM+VOLUME-MODERATE+POTENTIAL REVERSAL OF TREND
No comments:
Post a Comment