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
No comments:
Post a Comment