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
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