Wednesday, November 30, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 30/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT FIRST NOTICE DAY CZ16
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 325-340-351-360 NET COMMITMENTS-LIQUIDATION
TRADING: TESTED/CLOSED BELOW RESISTANCE AT 351, BELOW TREND, OVERSOLD
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST UP12346 CONTRACTS
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 1030-1038-1049-1062 NET COMMITMENTS-ACCUMULATION
TRADING: TESTED/CLOSED BELOW SUPPORT AT BOTH 1038 AND TREND
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT FIRST NOTICE DAY WZ16
TREND: DOWN (NEW) PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 411=402-388-376 NET COMMITMENTS-NET LIQUIDATION
TRADING: MODERATE RANGE, MET SUPPORT@402, TESTED/CLOSED BELOW NEW TREND
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. HIGHER LOW, FLAT CLOSE, SPIKED
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7419 NET COMMITMENTS NET LIQUIDATION
TRADING: WIDE RANGE, TESTED/CLOSED BELOW RESISTANCE AT 7503, ABOVE TREND
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 151-156-164-177, NET COMMITMENTS: LIQUIDATION
TRADING: WIDE RANGE, TESTED/CLOSED ABOVE RESISTANCE AT BOTH 156 AND TREND
Tuesday, November 29, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 29/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT OPEN INTEREST DOWN 32443 CONTRACTS
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-LIQUIDATION
TRADING: TESTED/CLOSED BELOW SUPPORT AT 351, AT TREND
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST UP 13978 CONTRACTS
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 1030-1038-1049-1062 NET COMMITMENTS-ACCUMULATION
TRADING: MET/CLOSED ABOVE SUPPORT AT 1038, ABOVE TREND, OVERBOUGHT
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST DOWN 16310 CONTRACTS
TREND: UP PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 409-425-437-446 NET COMMITMENTS-NET LIQUIDATION
TRADING: TESTED/CLOSED ABOVE SUPPORT AT 409 + AT PREVIOUS LOW, OVERSOLD
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. REVERSAL SIGNAL IN PLACE
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7419 NET COMMITMENTS NET LIQUIDATION
TRADING: UPSIDE 7419 AND TREND AS SUPPORT
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 136-144-151-156, NET COMMITMENTS: LIQUIDATION
TRADING: TESTED/CLOSED ABOVE SUPPORT AT 144, BELOW TREND
Monday, November 28, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 28/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT OPEN INTEREST DOWN 44888 CONTRACTS
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-LIQUIDATION
TRADING: TESTED/CLOSED BELOW RESISTANCE AT 360, UPSIDE TREND
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST/UP
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 1030-1049-1062-1078 NET COMMITMENTS-ACCUMULATION
TRADING: TESTED/CLOSED BELOW RESISTANCE AT 1062 ABOVE TREND-OVERBOUGHT
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST DOWN 22287 CONTRACTS
TREND: UP PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 409-425-437-446 NET COMMITMENTS-NET LIQUIDATION
TRADING: MAKING NEW LOW BELOW 425 AND TREND-OVERSOLD
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. SIGNALLED A REVERSAL
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS NET LIQUIDATION
TRADING: TESTED/CLOSED ABOVE RESISTANCE AT 7420 AT TREND
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS: LIQUIDATION
TRADING: TESTED/CLOSED ABOVE RESISTANCE AT 151 AND TREND
Saturday, November 26, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 24/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT HEDGING ACTIVITY
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: DECELERATED FLAT/BUYING-ABOVE TREND-MET RESISTANCE AT 360
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST/FLAT
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 1030-1049-1062-1078 NET COMMITMENTS-DECREASED
TRADING: FLAT UP/BUYING-MET SUPPORT AT TREND AND RESISTANCE BELOW1049
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST/DOWN
TREND: UP PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 409-425-437-446 NET COMMITMENTS-FLAT
TRADING: DECELERATED FLAT/NET SELLING-MET RESISTANCE AT TREND AND 425
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST CONTINUES DOWN
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: DECELERATED DOWN/NET SELLING-MET RESISTANCE AT TREND AND 7420
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS DECREASED
TRADING: ACCELERATED DOWN/SELLING-LOWER HIGH-MET SUPPORT AT TREND BELOW 151
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT HEDGING ACTIVITY
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: DECELERATED FLAT/BUYING-ABOVE TREND-MET RESISTANCE AT 360
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST/FLAT
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 1030-1049-1062-1078 NET COMMITMENTS-DECREASED
TRADING: FLAT UP/BUYING-MET SUPPORT AT TREND AND RESISTANCE BELOW1049
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST/DOWN
TREND: UP PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 409-425-437-446 NET COMMITMENTS-FLAT
TRADING: DECELERATED FLAT/NET SELLING-MET RESISTANCE AT TREND AND 425
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST CONTINUES DOWN
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: DECELERATED DOWN/NET SELLING-MET RESISTANCE AT TREND AND 7420
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS DECREASED
TRADING: ACCELERATED DOWN/SELLING-LOWER HIGH-MET SUPPORT AT TREND BELOW 151
Wednesday, November 23, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 23/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT PAUSE IN MOVE
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: CONSTANT FLAT/OFFSET BUYING-ABOVE TREND MET 360/RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST CONTINUES UP SHARPLY FROM LOW
TREND: UP/UP MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-DECREASED
TRADING: CONSTANT UP/NET BUYING-TESTED/CLOSED ABOVE TREND/1030/PREVIOUS HIGH
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT LOOKS TOPPY/LOWER HIGH
TREND: UP PREMIUM MARKET MAR17/MAR19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: ACCELERATED DOWN/NET SELLING-TESTED/CLOSED BELOW TREND+425/SUPPORT
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST CONTINUES DOWN
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: ACCELERATED DOWN/OFFSET BUYING-TESTED/CLOSED ABOVE TREND+7420/SUPPORT
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS DECREASED
TRADING: DECELERATED DOWN/NET SELLING-ABOVE TREND MET 156/RESISTANCE-OVERBOUGHT
Tuesday, November 22, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 22/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT SMALL STEP MOVEMENT CAN BE BULLISH
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: CONSTANT UP/OFFSET UYING-ABOVE TREND AT 360/RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST UP SHARPLY FROM LOW
TREND: UP/MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-DECREASED
TRADING: DECELERATED UP/NET BUYING-TESTED/CLOSED ABOVE TREND AT 1030
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST DOWN FROM HIGH
TREND: UP PREMIUM MARKET MAR17/DEC19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) (NEW) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: DECELERATED UP/OFFSET BUYING-TESTED/CLOSED ABOVE TREND+425 RESISTANCE
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST DOWN
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: DECELERATED FLAT/NET SELLING-TESTED/CLOSED ABOVE TREND+7420/SUPPORT
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS DECREASED
TRADING: DECELERATED UP/MATCHED-ABOVE TREND TESTED 156/RESISTANCE-OVERBOUGHT
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT SMALL STEP MOVEMENT CAN BE BULLISH
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: CONSTANT UP/OFFSET UYING-ABOVE TREND AT 360/RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST UP SHARPLY FROM LOW
TREND: UP/MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-DECREASED
TRADING: DECELERATED UP/NET BUYING-TESTED/CLOSED ABOVE TREND AT 1030
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST DOWN FROM HIGH
TREND: UP PREMIUM MARKET MAR17/DEC19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) (NEW) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: DECELERATED UP/OFFSET BUYING-TESTED/CLOSED ABOVE TREND+425 RESISTANCE
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST DOWN
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: DECELERATED FLAT/NET SELLING-TESTED/CLOSED ABOVE TREND+7420/SUPPORT
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 144-151-156-164, NET COMMITMENTS DECREASED
TRADING: DECELERATED UP/MATCHED-ABOVE TREND TESTED 156/RESISTANCE-OVERBOUGHT
Monday, November 21, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 21/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT BROKE OUT UP OUT OF CONVERGENCE
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) 351-360-377-395 NET COMMITMENTS-DECREASED
TRADING: CONSTANT UP/ BUYING-UPSIDE TREND SUPPORT-BELOW 360 RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT TESTED/CLOSED UP ABOVE CONVERGENCE
TREND: UP/MORE. PREMIUM MARKET JAN17/JUL17 NET WORLD STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-DECREASED
TRADING: ACCELERATED UP/BUYING-TESTED TREND MET RESISTANCE@LAST HIGHS
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT OPEN INTEREST AT YEAR TO YEAR HIGH
TREND: UP PREMIUM MARKET MAR17/DEC19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) (NEW) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: DECELERATED UP/OFFSET BUYING-TESTED/CLOSED ABOVE TREND/425 RESISTANCE
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. FLAT CLOSE/NO BREAKOUT BELOW 7420
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: ACCELERATED UP/NET BUYING-TESTED/CLOSED ABOVE TREND/7420 RESISTANCE
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT PREMIUM MARKET JAN17/MAR18
TREND: UP TARGETS: (PROJECTED) 152-150-145-136, NET COMMITMENTS DECREASED
TRADING: ACCELERATED UP/BUYING-UPSIDE TREND BELOW 156/RESISTANCE
Friday, November 18, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 18/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT CLOSED ABOVE CONVERGING DOWN-LINE
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) (NEW) 325-340-351-360 NET COMMITMENTS-DECREASED
TRADING: CONSTANT UP/NET BUYING-TESTED/CLOSED ABOVE TREND/RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT TRADNG IN AREA OF CONVERGENCE
TREND: UP-3RD REVISED LOWER. PREMIUM MARKET JAN17/JUL17 STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-DECREASED
TRADING: DECELERATED DOWN/NET BUYING-MET SUPPORT AT TREND-ABOVE 975
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT TREND IS BASIS MAR17 FUTURE
TREND: UP PREMIUM MARKET MAR17/DEC19 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) (NEW) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: ACCELERATED UP/NET BUYING-BELOW TREND/425 AS RESISTANCE
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. FLAT CLOSE/NO BREAKOUT BELOW 7420
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS DECREASED
TRADING: DECELERATED DOWN/NET BUYING-MET RESISTANCE BELOW TREND/7420
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT MET RESISTANCE@PREVIOUS HIGHS
TARGETS: (PROJECTED) 152-150-145-136, NET COMMITMENTS DECREASED
TRADING: DECELERATED FLAT/OFFSET SELLING-MET TREND/RESISTANCE ALSO 144/SUPPORT
Thursday, November 17, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 17/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CH17(NEW): 25 CENT DAILY LIMIT TREND IS BASIS MAR17 FUTURE
TREND: UP PREMIUM MARKET MAR17/JUL18 NET WORLD STOCKS DOWN
TARGETS: (PROJECTED) (NEW) 325-340-351-360 NET COMMITMENTS-INCREASED
TRADING: CONSTANT DOWN/NET BUYING-MET RESISTANCE AT TREND-AT 351
SOYBEANS/SF17: 65 CENT DAILY LIMIT 2 STRONG TRENDS CONVERGING NEARBY
TREND: UP-3RD REVISED LOWER. PREMIUM MARKET JAN17/JUL17 STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-INCREASED
TRADING: DECELERATED DOWN/NET BUYING-MET SUPPORT AT TREND-ABOVE 975
WHEAT/WH17(NEW): 35 CENT DAILY LIMIT TREND IS BASIS MAR17 FUTURE
TREND: UP PREMIUM MARKET MAR17/DEC18 NET WORLD STOCKS-UP
TARGETS: (PROJECTED) (NEW) 409-425-437-446 NET COMMITMENTS-CONSTANT
TRADING: ACCELERATED UP/NET BUYING-BELOW TREND/425 AS RESISTANCE
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. TESTED/CLOSED BELOW 7420/BOTTOM
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS INCREASED
TRADING: CONSTANT FLAT/NET SELLING-MET RESISTANCE AT TREND
HEATING OIL (ULSD)HOF/17(NEW) 25 CENT DAILY LIMIT TREND/3RD REVISED LOWER
TARGETS: (PROJECTED) 152-150-145-136, NET COMMITMENTS INCREASED
TRADING: DECELERATED UP/NET BUYING- TESTED RESISTANCE AT TREND-UPSIDE 144
Wednesday, November 16, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 16/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, MOVEMENT, RELATIVE STRENGTH OF TREND, TARGETS
CORN/CZ16: 25 CENT DAILY LIMIT ONSIDE STRONG SUPPORT LEVEL
TREND: UP/3RD REVISED LOWER PREMIUM MARKET DEC16/JUL18 STOCKS DOWN
TARGETS: (PROJECTED) 326-333-341-356 NET COMMITMENTS-INCREASED
TRADING: DECELERATED UP/NET SELLING-MET TREND/SUPPORT-341/RESISTANCE
SOYBEANS/SF17: 65 CENT DAILY LIMIT UPSIDE STRONG SUPPORT LEVEL
TREND: UP-3RD REVISED LOWER. PREMIUM MARKET JAN17/JUL17 STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 NET COMMITMENTS-INCREASED
TRADING: CONSTANT UP/NET SELLING-ABOVE TREND
WHEAT/WZ16: 35 CENT DAILY LIMIT UPSIDE STRONG SUPPORT LEVEL
TREND: UP/1ST REVISED LOWER PREMIUM MARKET DEC16/DEC18 STOCKS-UP
TARGETS: (PROJECTED) 387-411-429-443 NET COMMITMENTS-CONSTANT
TRADING: DECELERATED FLAT/NET SELLING-BELOW TREND/411-OVERSOLD
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. CONTINUED SUPPORT AT 7420/BOTTOM
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 NET COMMITMENTS INCREASED
TRADING: DECELERATED UP/NET BUYING-TREND/RESISTANCE-7420/SUPPORT
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT TREND: DOWN/3RD REVISED LOWER
TARGETS: (PROJECTED) 152-150-145-136, NET COMMITMENTS INCREASED
TRADING: DECELERATED UP/NET SELLING-BELOW TREND-TESTED/CLOSED BELOW 144
Tuesday, November 15, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 15/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, DAILY ACTIVITY: RELATIVE STRENGTH OF TREND, TARGETS
CORN/CZ16: 25 CENT DAILY LIMIT ONSIDE STRONG SUPPORT LEVEL
TREND: UP/3RD REVISED LOWER PREMIUM MARKET DEC16/JUL18 STOCKS DOWN
TARGETS: (PROJECTED) 326-333-341-356 COMMITMENTS-INCREASED
TRADING: CONSTANT/BUYING-TESTED/CLOSED ABOVE RESISTANCE AT TREND/341
SOYBEANS/SF17: 65 CENT DAILY LIMIT UPSIDE STRONG SUPPORT LEVEL
TREND: UP-3RD REVISED LOWER. PREMIUM MARKET JAN17/JUL17 STOCKS-DOWN
TARGETS: (PROJECTED) 934-975-1006-1030 COMMITMENTS-INCREASED
TRADING: DECELERATED/NET SELLING-ABOVE TREND
WHEAT/WZ16: 35 CENT DAILY LIMIT UPSIDE STRONG SUPPORT LEVEL
TREND: UP/1ST REVISED LOWER PREMIUM MARKET DEC16/DEC18 STOCKS-UP
TARGETS: (PROJECTED) 387-411-429-443 COMMITMENTS-CONSTANT
TRADING: DECELERATED/NET BUYING-MET RESISTANCE@TREND+PREVIOUS LOW
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MEETING SUPPORT AT 7420/BOTTOM
TREND: DOWN PREMIUM MARKET DEC16/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420 COMMITMENTS INCREASED
TRADING: ACCELERATED/BUYING-UPSIDE TREND-TESTED/CLOSED ABOVE 7420/RESISTANCE
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT FORMING BOTTOM AT 136
TREND: DOWN TARGETS: (PROJECTED) 152-150-145-136, COMMITMENTS INCREASED
TRADING: ACCELERATED/BUYING-UPSIDE TREND/SUPPORT-DOWNSIDE 144/RESISTANCE
Sunday, November 13, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 11/2016
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: DIRECTION-MONTHLY- LINE JOINING HIGHER LOWS (UP), LOWER HIGHS (DOWN)
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING
TRADING: MOMENTUM, DAILY ACTIVITY: RELATIVE STRENGTH OF TREND, TARGETS
CORN/CZ16: 25 CENT DAILY LIMIT OPEN INTEREST/UP ON SHORT SELLING
TREND: UP/LESS-3RD REVISED PREMIUM MARKET 2016/JUL 18 STOCKS DOWN
TARGETS: (PROJECTED) 326-333-341-356-POSITIONS NO REPORT
TRADING: DECELERATING-SELLING-MET SUPPORT@TREND+TESTED SUPPORT@341
SOYBEANS/SF17: 65 CENT DAILY LIMIT OPEN INTEREST/FLAT-HEDGE ACTIVITY
TREND: DOWN/LESS-1ST REVISED. PREMIUM MARKET 2016/JUL 17 STOCKS-DOWN
TARGETS: (PROJECTED) 1004-987-968-954-POSITIONS NO REPORT
TRADING: ACCELERATED-NET SELLING-TESTED TREND/RESISTANCE+987/SUPPORT
WHEAT/WZ16: 35 CENT DAILY LIMIT OPEN INTEREST/UP-BUYING
TREND: UP/MORE PREMIUM MARKET 2016/MAY 18 STOCKS-UP
TARGETS: (PROJECTED) 387-411-429-443-POSITIONS NO REPORT
TRADING: DECELERATED-NET SELLING-TREND/RESISTANCE+LOW/SUPPORT-BELOW/411
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. OPEN INTEREST/UP ON SHORT SELLING
TREND: DOWN/ORIGINAL TREND PREMIUM MARKET 2016/SEP 21
TARGETS: (PROJECTED) 7628-7558-7503-7420-POSITIONS NO REPORT
TRADING: DECELERATED-SELLING-BELOW TREND-TESTED 7420/SUPPORT
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT BREAKOUT/DOWN
TREND: DOWN/MORE TARGETS: (PROJECTED) 152-150-145-136, POSITIONS: NO REPORT
TRADING: ACCELERATED-NET SELLING-TESTED TREND SUPPORT ABOVE 136/SUPPORT
Wednesday, November 09, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 09/2016
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/CLOSED BELOW TREND
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 18
TRADING: DOWN/ACCELERATION SELLING-MET SUPPORT/CLOSED ONSIDE 341
POSITIONS: ACCUMULATION-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT LOWER HIGH/CLOSED ABOVE TREND
TREND: UP/LESS, TARGETS: 975-998-1006-1016. PREMIUM MARKET 2016/JUL 17
TRADING: DOWN/ACCELERATION-NET SELLING-TESTED/CLOSED BELOW 988/SUPPORT
POSITIONS: NEUTRAL-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT LOWER HIGH-TESTED/CLOSED ABOVE TREND
TREND: UP/MORE, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: DOWN/ACCELERATION-NET SELLING-CLOSED ONSIDE 411
POSITIONS: NEUTRAL-FREE WORLD STOCKS-FLAT/DOWN-
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. FLAT/CLOSED BELOW TREND
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: FLAT/ACCELERATED-NET SELLING-TESTED 7419/SUPPORT
POSITIONS: NEUTRAL
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT FLAT/MET TREND/RESISTANCE
TREND: UP/LESS TARGETS: 136-144-151-156-159, POSITIONS: LIQUIDATION
TRADING: FLAT/ACCELERATED-OFFSET BUYING-TESTED/CLOSED AT 144/RESISTANCE
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