Monday, October 31, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 31/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MOVE/DAY 5 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: DOWN DOWNSIDE 356/RESISTANCE-EXPANDED-OFFSET SELLING-BELOW TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DAY 2 OF PROJECTED 6-DOWN
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/AUG 17
TRADING: DOWN UPSIDE 1006/SUPPORT-CONTRACTING-MATCHED BELOW TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DAY 4 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/DEC 18
TRADING: FLAT TESTING 411/SUPPORT-CONTRACTED-NET BUYING-ON TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DAY 4 OF PROJECTED 6
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: FLAT TESTED MINOR TREND/SUPPORT-CONTRACTED-SELLING-BELOW MAJOR TREND
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DAY 2-LOWER HIGH
TREND: UP/LESS TARGETS: 136-144-151-156-159, PREMIUM MARKET 2016/FED 18
TRADING: DOWN TESTED 151/SUPPORT-EXPANDED-SELLING-TESTED TREND/SUPPORT
Sunday, October 30, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 28/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MOVE/DAY 4 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: -FLAT@356/RESISTANCE-CONTRACTED-NET SELLING-BELOW TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DAY 1 OF PROJECTED 6-DOWN
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/AUG 17
TRADING: DOWN BELOW 1030/RESISTANCE-CONTRACTING-SELLING-DOWNSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DAY 3 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/DEC 18
TRADING: DOWN THROUGH 411/SUPPORT-EXPANDED-SELLING-THROUGH TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DAY 3 OF PROJECTED 6
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: DOWN BELOW 7503/RESISTANCE-EXPANDED-MATCHED-BELOW TREND
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DAY 1-LOWER HIGH
TREND: UP/LESS TARGETS: 151-156-159-164, PREMIUM MARKET 2016/FED 18
TRADING: DOWN TESTING 156/SUPPORT-NO CHANGE-SELLING-ABOVE TREND
Thursday, October 27, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 27/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT RESISTANCE@PREVIOUS HIGHS-TESTED
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-BUYING..DOWNSIDE TREND-TESTED/CLOSED ABOVE 356
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT RESISTANCE@PREVIOUS HIGHS-TESTED
TREND: UP, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET BUYING..UPSIDE TREND-MET RESISTANCE/1030
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT DAY 3 OF PROJECTED 6 DAY MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING..UPSIDE TREND/411
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-NET SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/LESS TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/NO CHANGE-NET BUYING-BELOW TREND-MET 159/RESISTANCE
Wednesday, October 26, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 26/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/EXPANDEDED-NET BUYING..BELOW TREND-MET 356/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT BROKE RESISTANCE-INTEREST FLAT-2 DAYS
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: FLAT/EXPANDED-BUYING..DOWNSIDE TREND CLOSE OVER 1006/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT UP FROM HIGHER LOW
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/EXPANDED-BUYING..TESTED/CLOSED OVER TREND + 411/RESISTANCE
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPZNDED-NET SELLING..DOWNSIDE TREND-BELOW 7503/RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET SELLING-BELOW TREND-TESTING 156/SUPPORT
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: UP/EXPANDEDED-NET BUYING..BELOW TREND-MET 356/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT BROKE RESISTANCE-INTEREST FLAT-2 DAYS
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/17
TRADING: FLAT/EXPANDED-BUYING..DOWNSIDE TREND CLOSE OVER 1006/RESISTANCE
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT UP FROM HIGHER LOW
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: UP/EXPANDED-BUYING..TESTED/CLOSED OVER TREND + 411/RESISTANCE
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 7503 AS RESISTANCE HOLDING
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPZNDED-NET SELLING..DOWNSIDE TREND-BELOW 7503/RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 156-159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET SELLING-BELOW TREND-TESTING 156/SUPPORT
Tuesday, October 25, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 25/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-OFFSET SELLING--BELOW TREND OVER 346 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT RESISTANCE@OLD HIGHS HOLDING
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-OFFSET BUYING-DOWNSIDE TREND OVER 975 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 402 SUPPORT SLOWED MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET BUYING-BELOW TREND TESTED 402 SUPPORT
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST HAS RALLIED=POSITIVE
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: UP/CONTRACTED-NET SELLING..DOWNSIDE TREND-TESTED 7503 RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM FLAT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-BELOW TREND/CLOSED BELOW 159
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT CONSOLIDATION INSIDE 346-356
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-OFFSET SELLING--BELOW TREND OVER 346 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT RESISTANCE@OLD HIGHS HOLDING
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-OFFSET BUYING-DOWNSIDE TREND OVER 975 SUPPORT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 402 SUPPORT SLOWED MOVE
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/CONTRACTED-OFFSET BUYING-BELOW TREND TESTED 402 SUPPORT
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST HAS RALLIED=POSITIVE
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: UP/CONTRACTED-NET SELLING..DOWNSIDE TREND-TESTED 7503 RESISTANCE
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM FLAT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-BELOW TREND/CLOSED BELOW 159
Monday, October 24, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 24/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOWER HIGH AT TOP
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-NET SELLING--CLOSED BELOW SUPPORT@LOWS/346
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT HIGHER LOWS
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-NET BUYING-MET RESISTANCE@OLD HIIGHS/CLOSED FLAT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOWER HIGHS
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-TESTED/CLOSED BELOW TREND@402
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOWER HIGHS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM DECELERATED
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED-NET SELLING-CLOSED BELOW TREND/SUPPORT@159
SOYBEANS/SX16: 65 CENT DAILY LIMIT HIGHER LOWS
TREND: UP/LESS, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-NET BUYING-MET RESISTANCE@OLD HIIGHS/CLOSED FLAT
POSITIONS: MOMENTUM ACCELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOWER HIGHS
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-TESTED/CLOSED BELOW TREND@402
POSITIONS: MOMENTUM DECELERATING-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOWER HIGHS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..BELOW TREND/7503
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOMENTUM DECELERATED
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED-NET SELLING-CLOSED BELOW TREND/SUPPORT@159
Thursday, October 20, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 20/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT VIRTUAL REVERSAL-LOWER CLOSE
TREND: UP/MORE, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/EXPANDED SELLING-PENETRATED/CLOSED BELOW TREND/356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT ROUNDING TOP/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-SELLING-PENETRATED/CLOSED BELOW TREND/975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATING/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-DRIFTING OFF TREND NEAR-411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 2 OF LEG DOWN
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..AWAY FROM TREND@7558 SUPPORT
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MADE TOP/CLOSED GAP
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-BELOW TREND@156 SUPPORT
SOYBEANS/SX16: 65 CENT DAILY LIMIT ROUNDING TOP/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/EXPANDED-SELLING-PENETRATED/CLOSED BELOW TREND/975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATING/LOWER CLOSE
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-NET SELLING-DRIFTING OFF TREND NEAR-411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 2 OF LEG DOWN
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: DOWN/CONTRACTED-SELLING..AWAY FROM TREND@7558 SUPPORT
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MADE TOP/CLOSED GAP
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-SELLING-BELOW TREND@156 SUPPORT
Wednesday, October 19, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 19/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MAKING A TOP AT 356
TREND: UP/MORE, TARGETS 326-333-346-356, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED FLAT-NET BUYING ON TREND-HIGH AT 356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MAKING A NEW HIGH
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-BUYING-OFF TREND-CLOSED UP ABOVE 975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONFIRMING A NEW HIGH
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-OFFSET BUYING-OFF TREND-SUPPORT NEAR 411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPANDED FLAT-OFFSET SELLING..OFF TREND-7690 TO 7613
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT GAP UP-REVERSAL SIGNAL?
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED FLAT-OFFSET SELLING-RESISTANCE@TREND/159
SOYBEANS/SX16: 65 CENT DAILY LIMIT MAKING A NEW HIGH
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: FLAT/CONTRACTED-BUYING-OFF TREND-CLOSED UP ABOVE 975
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONFIRMING A NEW HIGH
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: DOWN/EXPANDED-OFFSET BUYING-OFF TREND-SUPPORT NEAR 411
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: FLAT/EXPANDED FLAT-OFFSET SELLING..OFF TREND-7690 TO 7613
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT GAP UP-REVERSAL SIGNAL?
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED FLAT-OFFSET SELLING-RESISTANCE@TREND/159
Tuesday, October 18, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 18/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-MATCHED-STADLING TREND-MET RESISTANCE@356
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET SELLING-DOWNSIDE TREND-MET RESISTANCE@HIGHS
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-SELLING-DRIFTING BESIDE TREND-BELOW 429
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION MOMENTUM
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: UP/EXPANDED-OFFSET SELLING..DOWNSIDE TREND-MET RESISTANCE@7690/HIGH
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING-BELOW TREND-STRADLING 156
SOYBEANS/SX16: 65 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING: UP/CONTRACTED-NET SELLING-DOWNSIDE TREND-MET RESISTANCE@HIGHS
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/STEEP, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING: FLAT/CONTRACTED-SELLING-DRIFTING BESIDE TREND-BELOW 429
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CORRECTION MOMENTUM
TREND: UP/STEEP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING: UP/EXPANDED-OFFSET SELLING..DOWNSIDE TREND-MET RESISTANCE@7690/HIGH
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT LOW MOMENTUM
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING: UP/CONTRACTED-NET BUYING-BELOW TREND-STRADLING 156
Monday, October 17, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 17/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT LOW SALES
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-OFFSET SELLING AT 356-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MODERATE SALES
TREND: UP/NEW, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING RANGE: UP/CONTRACTED-BUYING-THROUGH/CLOSED ABOVE 975 UPSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW SALES
TREND: UP/NEW, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-NET BUYING-HIGH AT 429-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOW SALES
TREND: UP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT/CONTRACTED-OFFSET BUYING..HIGH AT 7628-UPSIDE TREND
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MODERATE SALES
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: DOWN/CONTRACTED-NET SELLING-TESTED/CLOSED@156 BELOW TREND
SOYBEANS/SX16: 65 CENT DAILY LIMIT MODERATE SALES
TREND: UP/NEW, TARGETS: 934-975-1006-1030. PREMIUM MARKET 2016/17
TRADING RANGE: UP/CONTRACTED-BUYING-THROUGH/CLOSED ABOVE 975 UPSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT LOW SALES
TREND: UP/NEW, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/CONTRACTED-NET BUYING-HIGH AT 429-UPSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. LOW SALES
TREND: UP-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT/CONTRACTED-OFFSET BUYING..HIGH AT 7628-UPSIDE TREND
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MODERATE SALES
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: DOWN/CONTRACTED-NET SELLING-TESTED/CLOSED@156 BELOW TREND
Friday, October 14, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 14/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP/CONTRACTED-NET BUYING-UPSIDE TREND-CLOSE UP BELOW 346
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT STOPPED AT RESISTANCE LEVEL OF 3 HIGHS
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: UP/REPEATED-NET BUYING-HIGHER LOW-CLOSE UP ABOVE TREND/954
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP/EXPANDED-BUYING-NET FROM HIGHER LOW-CLOSE UP ABOVE 417
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP/TESTED RESISTANCE AT 7688
TREND: UP/NEW-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: UP-REPEATED-NET BUYING..HIGHER LOW-CLOSE UP AT 7628
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT ROUNDED TOP AT 159-NOW A DRIFT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/EXPANDED-NET SELLING-DOWNSIDE TREND-CLOSE DOWN AT 156
FARM COMMODITY SETTLEMENTS OCTOBER 14/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP/CONTRACTED-NET BUYING-UPSIDE TREND-CLOSE UP BELOW 346
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT STOPPED AT RESISTANCE LEVEL OF 3 HIGHS
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: UP/REPEATED-NET BUYING-HIGHER LOW-CLOSE UP ABOVE TREND/954
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT UP/THROUGH RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP/EXPANDED-BUYING-NET FROM HIGHER LOW-CLOSE UP ABOVE 417
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP/TESTED RESISTANCE AT 7688
TREND: UP/NEW-TARGETS: 7510-7613-7690-7750 PREMIUM MARKET 2016/21
TRADING RANGE: UP-REPEATED-NET BUYING..HIGHER LOW-CLOSE UP AT 7628
POSITIONS: MOMENTUM CONTINUED FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT ROUNDED TOP AT 159-NOW A DRIFT
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT/EXPANDED-NET SELLING-DOWNSIDE TREND-CLOSE DOWN AT 156
Thursday, October 13, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 13/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT MET RESISTANCE AT HIGHS
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/18
TRADING RANGE: UP-CONTINUING-BUYING-TO DOWNSIDE TREND-ABOVE 346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT MET PREVIOUS SUPPORT AT 943
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: DOWN-CONTRACTED-NET BUYING--CONTINUED UPSIDE TREND
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT MET NEW RESISTANCE AT 417
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: UP-CONTRACTED-BUYING-FROM HIGHER LOW THROUGH HIGHS
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. UP THROUGH RESISTANCE AT 7558
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING RANGE: FLAT-EXPANDED-NET BUYING..ONSIDE/CLOSED UP ABOVE TREND
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MET SUPPORT AT 156
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/18
TRADING RANGE: FLAT-CONTRACTED-NET BUYING-DRIFTING LOWER BELOW TREND
Wednesday, October 12, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 12/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING RANGE: SHORT TERM-DIRECTION-RELATIVE STRENGTH OF MOMENTUM
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT 5TH FLAT HIGH
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING RANGE: DOWN EXPANDED NET SELLING-DOWNSIDE TREND/346 RESISTANCE
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS FLAT
SOYBEANS/SX16: 65 CENT DAILY LIMIT 5TH LOWER HIGH
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING RANGE: FLAT-EXPANDED-NET SELLING--UPSIDE TREND/943 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT 2ND FLAT LOW
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING RANGE: FLAT-EXPANDED-NET SELLING-UPSIDE TREND/402 SUPPORT
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. 5TH LOWER HIGH
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING RANGE: DOWN-CONTRACTED-EVEN OFFSET-ONSIDE TREND/7558 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT 6TH FLAT HIGH @ 159
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING RANGE: DOWN-EQUAL-NET SELLNG--THROUGH TREND TO 156 SUPPORT
Tuesday, October 11, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 11/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT HIGHER LOW DAY 1 OF MOVE
TREND: UP/MORE, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: UP NET BUYING-CONTINUATION--RESISTANCE/CLOSE@TREND/346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT DAY 6 OF MOVE
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: FLAT-OFFSET SELLING-DECELERATION--TESTED/CLOSED FLAT@954
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT DAY 6 OF MOVE
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: UP-NET BUYING-DECELERATION-RESISTANCE/CLOSED UP@407
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. DAY 3 OF MOVE
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: FLAT-NET SELLING-DECELERATION--TESTED/CLOSED@7558 SUPPORT
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 5
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: FLAT-NET SELLNG-DECELERATION--TESTED/CLOSED@TREND SUPPORT
Monday, October 10, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 10/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT SUPPORT@PREVIOUS LOWS
TREND: UP/LESS, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: FLAT NET BUYING-CONTINUATION--RESISTANCE/CLOSED UP BELOW 346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT SUPPORT@TREND
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: DOWN-OFFSET SELLING-DECELERATION--CLOSED DOWN@954
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT CONSOLIDATION INSIDE 393-407
TREND: FLAT, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: UP-NET BUYING-ACCELERATION-TESTED/CLOSED UP ABOVE TREND/402
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. RESISTANCE BELOW 7698
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: UP-NET BUYING-ACCELERATION--TESTED/CLOSED ABOVE TREND/7558
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 4
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: UP-NET BUYING-ACCELERATION--TESTED/CLOSED ABOVE TREND/159
Sunday, October 09, 2016
FARM COMMODITY SETTLEMENTS OCTOBER 7/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TRADING: SHORT TERM-RELATIVE STRENGTH OF MOMENTUM-DIRECTION
TARGETS: PROJECTED: MEASURED PRICE OBJECTIVES OF MOVE
CORN/CZ16: 25 CENT DAILY LIMIT NEW MOVE DOWN MET 1ST SUPPORT
TREND: UP/LESS, TARGETS 356-346-333-326-316, PREMIUM MARKET 2016/19
TRADING: FLAT OFFSET SELLING-DECELERATION--DOWNSIDE TREND/346
POSITIONS: INDICATE MOMENTUM DECELERATION-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT NEW MOVE UPSIDE MAJOR TREND
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: UP-OFFSET SELLING-ACCELERATION--MET SUPPORT@TREND/956
POSITIONS: INDICATE MOMENTUM FLAT-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT HIGHER LOWS DAY 2 FROM 393 BOTTOM
TREND: DOWN/LESS, TARGETS: 417-407-402-393 PREMIUM MARKET 2016/18
TRADING: FLAT-NET SELLING-DECELERATION-MET RESISTANCE@/CLOSED BELOW 402
POSITIONS: INDICATE MOMENTUM ACCELERATION-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. NEW LOW DURING 2016
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: DOWN-NET SELLING-ACCELERATION--BROKE/CLOSED BELOW TREND/7558
POSITIONS: INDICATE MOMENTUM FLAT-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT RESISTANCE @ 159 DAY 3
TREND: UP/MORE TARGETS: 151-156-159-164, PREMIUM MARKET 2016/20
TRADING: UP-NET SELLING-ACCELERATION--SUPPORT @ 156 DAY 3-CLOSE@TREND
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