FARM COMMODITY SETTLEMENTS SEPTEMBER 30/2016
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 OPEN INTEREST IS INCREASING
TREND: UP/LESS, TARGETS 346-333-326-316-294, PREMIUM MARKET 2016/19
TRADING: UP-NET BUYING-ACCELERATION--CLOSD ABOVE 333-RESISTANCE@TREND
POSITIONS: INDICATE MOMENTUM ACCELERATING-FREE WORLD STOCKS DOWN
SOYBEANS/SX16: 65 CENT DAILY LIMIT OPEN INTEREST IS FLAT
TREND: DOWN, TARGETS: 987-968-954-943. PREMIUM MARKET 2016/17
TRADING: FLAT-NET BUYING-ACCELERATION--BROKE RESISTANCE@954 UPSIDE TREND
POSITIONS: INDICATE MOMENTUM DECELERATING-FREE WORLD STOCKS UP
WHEAT/W:Z16: 35 CENT DAILY LIMIT OPEN INTEREST IS FLAT
TREND: DOWN/LESS, TARGETS: 407-402-393-383 PREMIUM MARKET 2016/18
TRADING: UP-NET BUYING-DECELERATION--TESTED/CLOSED @ 402 UPSIDE TREND
POSITIONS: INDICATE MOMENTUM DECELERATING-FREE WORLD STOCKS-DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST IS GREATLY REDUCED
TREND: DOWN-TARGETS: 7669-7628-7558-7503 PREMIUM MARKET 2016/21
TRADING: DOWN NET BUYING-DECELERATION--CLOSED ABOVE 7628 UPSIDE TREND
POSITIONS: INDICATE MOMENTUM DECELERATING-
HEATING OIL (ULSD)HOX/16 25 CENT DAILY LIMIT MOMENTUM IS FLAT-POSITIONS
TREND: UP/MORE TARGETS: 144-151-164-177, PREMIUM MARKET 2016/20
TRADING: UP-NET BUYING-DECELERATION--BROKE/CLOSED ABOVE 151 BELOW TREND
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