FARM COMMODITIES-TREND ANALYSIS-JULY 21/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST -UP
TRADING: DOWN FIRST DAY OF WHAT LOOKS LIKE LOWER HIGH ABOVE TREND AT 388/RESISTANCE
TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL OPEN INTEREST-DOWN
TRADING: FLAT-PULL BACK FROM LOWER HIGH OVERBOUGHT ABOVE TREND AT 1033/RESISTANCE
TARGETS: (989 1004 1018 1033 1047) COMMITMENTS OF TRADERS: NET INCREASE-REVERSAL
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN
TRADING:UP ON SELLING APPEARS FORMING A LOW ABOVE TREND OVERBOUGHT AT 496/SUPPORT
TARGETS: (476 486 496 515 526), COMMITMENTS OF TRADERS: NET NEUTRAL
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (6810 7971)
TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP/LESS SO )
TRADING: UP ABOVE TREND (WITH OPEN INTEREST-LOSING STRENGTH) CLOSED ABOVE 7965
TARGETS: (7845 7883 7965 8048 8130) COMMITMENTS OF TRADERS: NET INCREASE
HEATING OIL ULSD: NO LONGER REPORTING, OF LITTLE USE TO THE FARMER DUE DIESEL PRICING
DUE TO KNEE REPLACEMENT SURGERY SCHEDULED FOR JULY 24TH EXPECT INTERRUPTIONS JUL/AUG
YOUR INTEREST IS MUCH APPRECIATED-PH
FARM COMMODITIES-TREND ANALYSIS-JULY 20/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST-UP (LAST-DOWN ON TREND)
TRADING: WEEKLY-UP THROUGH/ABOVE TREND TESTED CLOSED ABOVE 388/RESISTANCE
TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL OPEN INTEREST-UP (LAST-PARALLEL ABOVE TREND)
TRADING: WEEKLY-UP WELL ABOVE TREND OVERBOUGHT MET 1033/RESISTANCE
TARGETS: (989 1004 1018 1033 1947) COMMITMENTS OF TRADERS: NET DECREASE-NEUTRAL
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING:WEEKLY-DOWN WELL ABOVE TREND OVERBOUGHT MET 496/SUPPORT
TARGETS: (476 486 496 515 526), COMMITMENTS OF TRADERS: NET INCREASE
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (6810 7971)
TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-UP/LESS BELOW TREND)
TRADING: WEEKLY-UP ABOVE TREND OVERBOUGHT TESTED/CLOSED BELOW 7965
TARGETS: (7845 7883 7965 8048 8130) COMMITMENTS OF TRADERS: NET DECREASE-NEUTRAL
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/MORE GRADUAL, OPEN INTEREST-UP/TOPPY (LAST-DOWN BELOW TREND)
TRADING: WEEKLY-UP ABOVE TREND MET RESISTANCE/CLOSED BELOW 156/RESISTANCE
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET INCREASE
FARM COMMODITIES-TREND ANALYSIS-JULY 13/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST-UP (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED DOWN SELLING TESTED TREND CLOSED BELOW 371/SUPPORT
TARGETS: (353 361 371 379) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL OPEN INTEREST-UP (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED DOWN SELLING (ISLAND REVERSAL) MET TREND-989/SUPPORT
TARGETS: (931 960 989 1018) COMMITMENTS OF TRADERS: NET DECREASED-NEUTRAL
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN (LAST-FLAT/UP ABOVE TREND)
TRADING: ACCELERATED DOWN SELLING (ISLAND REVERSAL) TESTED 515/SUPPORT
TARGETS: (476 496 515 535), COMMITMENTS OF TRADERS: NET INCREASED
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (6810 7844)
TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-UP BELOW TREND)
TRADING: DECELERATED FLAT NET BUYING ABOVE REVISED TREND CLOSED BELOW 7883
TARGETS: (7800 7845 7883 7965 8048) COMMITMENTS OF TRADERS: NET /DECREASED-NEUTRAL
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: DECELERATED UP NET SELLING BELOW TREND-MET RESISTANCE/CLOSED @149
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET DECREASED
FARM COMMODITIES-TREND ANALYSIS-JULY 12/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)
TRENDS: PRICE-UP/SEMI MODERATE, OPEN INTEREST-UP (LAST-UP ABOVE TREND)
TRADING: ACCELERATED SELLING DOWNSIDE TREND TESTED/CLOSED BELOW 387/SUPPORT
TARGETS: (371 379 387 397) COMMITMENTS OF TRADERS: NET REDUCED REVERSED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT
TRENDS: MONTHLY-UP/STEEP OPEN INTEREST-UP (LAST-UP ABOVE TREND) (1196-910)
TRADING: DECELERATED FLAT NET SELLING ON TREND RESISTANCE DOWNSIDE 1047
TARGETS: (989 1018 1047 1076) COMMITMENTS OF TRADERS: NET REDUCED
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)
TRENDS: PRICE-UP/LESS STEEP, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED DOWN SELLING DOWNSIDE TREND MET RESISTANCE @535
TARGETS: (526 535 555 575), COMMITMENTS OF TRADERS: NET INCREASED REVERSED
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (6810 7844)
TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-FLAT BELOW TREND)
TRADING: ACCELERATED UP BUYING UPSIDE REVISED TREND TESTED/CLOSED BELOW 7883
TARGETS: (7800 7845 7883 7965 8048) COMMITMENTS OF TRADERS: NET REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: DECELERATED UP NET SELLING BELOW TREND-MET RESISTANCE @149
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET REDUCED
FARM COMMODITIES-TREND ANALYSIS-JULY 11/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-405)
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-UP (LAST-FLAT ON TREND)
TRADING: ACCELERATED FLAT OFFSET BUYING ON TREND MET RESISTANCE@405
TARGETS: (387 397 405 415) COMMITMENTS OF TRADERS: NET REDUCED REVERSED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-UP/STEEP OPEN INTEREST-DOWN (LAST-FLAT/UP ABOVE TREND)
TRADING: ACCELERATED FLAT OFFSET BUYING UPSIDE TREND MET RESISTANCE @1047
TARGETS: (989 1018 1047 1076) COMMITMENTS OF TRADERS: NET REDUCED
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)
TRENDS: PRICE-UP/LESS STEEP, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED UP OFFSET BUYING DOWNSIDE TREND CLOSED BELOW 555
TARGETS: (526 535 555 575), COMMITMENTS OF TRADERS: NET INCREASED REVERSED
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (6810 7844)
TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP ON TREND)
TRADING: STEADY DOWN NET SELLING ABOVE TREND CLOSED/TESTED RESISTANCE@7753
TARGETS: (7718 7753 7800 7845 7883) COMMITMENTS OF TRADERS: NET REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED UP NET BUYING BELOW TREND-MET RESISTANCE BELOW 149
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET REDUCED
FARM COMMODITIES-TREND ANALYSIS-JULY 7/2017-FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-UP (LAST-FLAT UPSIDE TREND)
TRADING: UP NET BUYING CONSOLIDATING BELOW TREND AND RESISTANCE @397 TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET REDUCED REVERSED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-UP/STEEP (NEW) OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: UP BUYING BREAKOUT CONSECUTIVE HIGHER HIGHS UPSIDE TREND @1018
TARGETS: (960 989 1018 1047) COMMITMENTS OF TRADERS: NET REDUCED
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP OABOVE TREND)
TRADING: DOWN NET SELLING BELOW TREND TESTED/CLOSED @535 AS SUPPORT
TARGETS: (526 535 555 575), COMMITMENTS OF TRADERS: NET INCREASED REVERSED
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (7836-7261)
TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP BELOW TREND)
TRADING: UP BUYING ACCELERATED ABOVE TREND CLOSED ABOVE RESISTANCE@7753
TARGETS: (7671 7718 7753 7800) COMMITMENTS OF TRADERS: NET REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: DOWN NET SELLING ACCELERATED BELOW TREND-MET SUPPORT @ 143
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET REDUCED
FARM COMMODITIES-TREND ANALYSIS-JULY 6/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-UP (LAST-UP UPSIDE TREND)
TRADING: DOWN OFFSET BUYING STEADY BELOW TREND A TOP DOWNSIDE 397 TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-UP ON TREND)
TRADING: UP NET BUYING STEADY 2ND CLOSE ABOVE TREND MEETING RESISTANCE @1002
TARGETS: (1014 1002 990 979) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP ON TREND)
TRADING: DOWN SELLING ABOVE TREND TOP @575 SUPPORT @ 535 OVERBOUGHT
TARGETS: (526 535 555 575), COMMITMENTS OF TRADERS: NET POSITIONS EVEN
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (7836-7261)
TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP ON TREND)
TRADING: FLAT MATCHED LESS STRENGTH ABOVE TREND TESTED SUPPORT@7718 TOPPY
TARGETS: (7671 7718 7753 7845) COMMITMENTS OF TRADERS: NET POSITIONS REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: FLAT NET SELLING LOST STRENGTH BELOW TREND-TESTED CLOSED BELOW 149
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET POSITIONS INCREASED
FARM COMMODITIES-TREND ANALYSIS-JULY 5/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-DOWN (LAST-DOWNSIDE TREND)
TRADING: FLAT NET BUYING DECELERATED BELOW TREND RESISTANCE @397 VOLUME DOWN
TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-FLAT BELOW TREND)
TRADING: UP NET BUYING DECELERATED TESTED TREND-990 RESISTANCE VOLUME DOWN
TARGETS: (1014 1002 990 979) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED
WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP BELOW TREND)
TRADING: UP SELLING ACCELERATED ABOVE TREND MET RESISTANCE @ 575
TARGETS: (535 555 575 595), COMMITMENTS OF TRADERS: NET POSITIONS EVEN
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (7836-7261)
TRENDS: PRICE-UP/MODERATE OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: UP NET SELLING ACCELERATED TOPPY ABOVE TREND RESISTANCE @7753
TARGETS: (7598 7671 7753 7845) COMMITMENTS OF TRADERS: NET POSITIONS REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: FLAT SELLING ACCELERATED TESTED TREND-RESISTANCE CLOSED BELOW 149
TARGETS: (163 156 149 143) COMMITMENTS OF TRADERS: NET POSITIONS INCREASED
FARM COMMODITIES/TREND ANALYSIS/JULY 3/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (SEP/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-DOWN (LAST-DOWN BELOW TREND)
TRADING: FOLLOW UP NET BUYING BELOW TREND MET/CLOSED BELOW RESISTANCE @397 TARGETS: (379 388 397 406) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-LOWER BELOW TREND)
TRADING: FOLLOW UP NET BUYING GAP DOWNSIDE RESISTANCE @TREND BELOW 996,
TARGETS: (1014 996 979 962) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED
WHEAT (SEP/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-558)
TRENDS: PRICE-UP/MODERATE, OPEN INTEREST-DOWN (LAST-UP BELOW TREND)
TRADING: FOLLOW UP BUYING GAP ABOVE TREND MET RESISTANCE @ 558
TARGETS: (528 538 548 558), COMMITMENTS OF TRADERS: NET POSITIONS EVEN
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (7836-7261)
TRENDS: PRICE-UP/MODERATE OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: NET SELLING DECELERATED LOOKS TOPPY ABOVE TREND RESISTANCE @7703
TARGETS: (7659 7703 7747 7791) COMMITMENTS OF TRADERS: NET POSITIONS REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: NET BUYING UP RESISTANCE @REVISED TREND TESTED CLOSED BELOW 149
TARGETS: (179 163 156 149) COMMITMENTS OF TRADERS: NET POSITIONS INCREASED
FARM COMMODITIES/TREND ANALYSIS/JUNE 30/2017-FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT
CORN (JUL/17): $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)
TRENDS: PRICE-UP/MORE GRADUAL, OPEN INTEREST-DOWN LAST-DOWN BELOW TREND
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY UPSIDE TREND CLOSED ABOVE 370
TARGETS: (370 379 388 397) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED
SOYBEANS (JUL/17): $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/LESS SO OPEN INTEREST-DOWN LAST-LOWER ON TREND
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY ON TREND MET RESISTANCE @945
TARGETS: (996 979 962 945) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED
WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)
TRENDS: PRICE-UP/MODERATE, OPEN INTEREST-DOWN LAST-UP BELOW TREND
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY ABOVE TREND CLOSED ABOVE 499
TARGETS: (518 528 538 548), COMMITMENTS OF TRADERS: NET POSITIONS EVEN
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT, RANGE: (7836-7261)
TRENDS: PRICE-BREAKOUT UP/MODERATE OPEN INTEREST-DOWN LAST-UP ABOVE TREND
TRADING: BUYING UP DECELERATED ABOVE TREND CLOSED ABOVE RESISTANCE @7703
TARGETS: (7659 7703 7747 7791) COMMITMENTS OF TRADERS: NET POSITIONS REDUCED
HEATING OIL ULSD: (AUG/17), 25 CENT DAILY LIMIT, (176-136)
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN LAST-DOWN ON TREND
TRADING: NET BUYING UP STEADY ABOVE TREND TESTED/CLOSED NEAR RESISTANCE @149
TARGETS: (149 156 163 169) COMMITMENTS OF TRADERS: NET POSITIONS INCREASED
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