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
Tuesday, November 08, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 08/2016
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 MET RESISTANCE AT PREVIOUS HIGHS
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 18
TRADING: UP/ACCELERATION-BUYING-FROM STRONG SUPPORT-ONSIDE TREND
POSITIONS: ACCUMULATION-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MET RESISTANCE AT 1016
TREND: UP/LESS, TARGETS: 975-998-1006-1016. PREMIUM MARKET 2016/JUL 17
TRADING: UP/ACCELERATION-NET BUYING-ABOVE TREND
POSITIONS: NEUTRAL-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MET RESISTANCE AT PREVIOUS HIGH
TREND: UP/MORE, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: DOWN/ACCELERATION-NET BUYING-ABOVE 411-DOWNSIDE HIGHER TREND
POSITIONS: NEUTRAL-FREE WORLD STOCKS-FLAT/DOWN-
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. TESTED RESISTANCE AT PREVIOUS HIGHS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: UP/REPEAT-BUYING-TESTED/CLOSED ABOVE 7503 + TREND RESISTANCE
POSITIONS: NEUTRAL
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MET RESISTANCE AT 144
TREND: UP/LESS TARGETS: 136-144-151-156-159, POSITIONS: LIQUIDATION
TRADING: FLAT/REPEAT-OFFSET BUYING-FORMING A BOTTOM/SUPPORT
Monday, November 07, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 07/2016
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 FLAT LOWS
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 18
TRADING: FLAT/REPEATING-NET SELLING-TESTED 346/SUPPORT-BELOW TREND
POSITIONS: ACCUMULATION-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT HIGHER LOWS
TREND: UP/LESS, TARGETS: 975-998-1006-1016. PREMIUMS 2016/JUL 17
TRADING: UP/REPEATING-BUYING-TESTED 988/RESISTANCE-ABOVE TREND
POSITIONS: NEUTRAL-FREE WORLD STOCKS UP-LOW SALES
WHEAT/WZ16: 35 CENT DAILY LIMIT LOWER HIGH
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: DOWN/ACCELERATED-NET SELLING-TESTED 411/SUPPORT-@REVISED TREND
POSITIONS: NEUTRAL-FREE WORLD STOCKS-FLAT/DOWN-
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. HIGHER LOW
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: UP/REPEATING-OFFSET BUYING-MET 7503/RESISTANCE-ONSIDE TREND
POSITIONS: NEUTRAL
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT FLAT LOW
TREND: UP/LESS TARGETS: 136-144-151-156-159, POSITIONS: LIQUIDATION
TRADING: FLAT/DECELERATED-OFFSET BUYING-TESTED 144,SUPPORT-ONSIDE TREND
Sunday, November 06, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 04/2016
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 MOVE/UP DAY 1 OF 6 PROJECTED
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: UP/NEUTRAL-OFFSET BUYING-UPSIDE 346/SUPPORT-DOWNSIDE TREND
POSITIONS: ACCUMULATION-FREE WORLD STOCKS FLAT-LOW SALES
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/FLAT DAY 2
TREND: UP/LESS, TARGETS: 975-998-1006-1016. OPEN INTEREST/YEAR TO YEAR LOW
TRADING: FLAT/CONTRACTED-MATCHED-BELOW 998-REVISING TREND LOWER
POSITIONS: NEUTRAL-FREE WORLD STOCKS UP-LOW SALES
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/FLAT-DAY 2 OF DOWNSWING
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: FLAT/CONTRACTED-OFFSET BUYING-UPSIDE 411/SUPPORT-BELOW TREND
POSITIONS: NEUTRAL-FREE WORLD STOCKS-FLAT/DOWN-
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DOWN-TEST OF BOTTOM-
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: DOWN/EXPAN3DED-OFFSET BUYING-UPSIDE 7419/SUPPORT-BELOW TREND
POSITIONS: NEUTRAL
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DOWN DAY 6 OF 6 PROJECTED
TREND: UP/LESS TARGETS: 136-144-151-156-159, POSITIONS: LIQUIDATION
TRADING: DOWN/EXPANDED-NET SELLING-TESTED 144 + TREND/SUPPORT
Thursday, November 03, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER 03/2016
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 MOVE/DOWN DAY 4 OF 6 PROJECTED
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: FLAT/CONTRACTED-NET BUYING-ABOVE 346/SUPPORT-DOWNSIDE TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT-LOW SALES
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DOWN DAY 5 OF 6 PROJECTED
TREND: UP/LESS, TARGETS: 975-998-1006-1016. OPEN INTEREST/YEAR TO YEAR LOW
TRADING: FLAT/CONTRACTED-NET BUYING-BELOW 998 + TREND/RESISTANCE
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP-LOW SALES
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DOWN-DAY 1 OF DOWNSWING
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: DOWN/EXPANDED-NET SELLING-MET 411/SUPPORT-TESTED TREND/SUPPORT
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN-
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/UP-DAY 6 OF 6 PROJECTED
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: UP/CONTRACTING-NET SELLING-BELOW 7503-TESTED TREND/RESISTANCE
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DOWN DAY 5 OF 6 PROJECTED
TREND: UP/LESS TARGETS: 136-144-151-156-159, SEPT/16 GAP FILLED
TRADING: DOWN/CONTRACTED-NET SELLING-MET 144/SUPPORT-UPSIDE TREND
Wednesday, November 02, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER2/2016
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 MOVE/DOWN DAY 3 OF 6 PROJECTED
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: DOWN/CONTRACTED-NET SELLING-TESTED SUPPORT AT 346/TREND
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DOWN 4 OF 6 PROJECTED DAYS
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. OPEN INTEREST/YEAR TO YEAR LOW
TRADING: DOWN/CONTRACTED-NET SELLING-ABOVE 975-BREAKOUT DOWNSIDE TREND
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/UP 3 OF 6 PROJECTED DAYS
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: UP/EXPANDED-NET BUYING-UPSIDE 411/SUPPORT-TESTED TREND/RESISTANCE
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DOWN 6 OF 6 PROJECTED DAYS
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: FLAT-CONTRACTED-NET SELLING-BELOW 7503-DOWNSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DOWN 4 OF 6 PROJECTED DAYS
TREND: UP/LESS TARGETS: 136-144-151-156-159, PREMIUM MARKET 2016/FEB 18
TRADING: DOWN/CONTRACTED-SELLING-TESTED 144/SUPPORT-ABOVE REVISED TREND
Tuesday, November 01, 2016
FARM COMMODITY SETTLEMENTS N0VEMBER1/2016
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 MOVE/DAY 6 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS 326-333-346-356, PREMIUM MARKET 2016/JUL 19
TRADING: DOWN--EXPANDED-SELLING-BELOW 356/RESISTANCE-UPSIDE TREND/SUPPORT
POSITIONS: MOMENTUM FLAT-FREE WORLD STOCKS FLAT
SOYBEANS/SF17: 65 CENT DAILY LIMIT MOVE/DAY 3 OF PROJECTED 6-DOWN
TREND: UP/LESS, TARGETS: 975-1006-1030-1078. PREMIUM MARKET 2016/JUL 17
TRADING: DOWN EXPANDED-SELLING-TESTED 1006/RESISTANCE AND TREND/SUPPORT
POSITIONS: MOMENTUM DECELERATED-FREE WORLD STOCKS UP
WHEAT/WZ16: 35 CENT DAILY LIMIT MOVE/DAY 5 OF PROJECTED 6-TOPPY
TREND: UP/LESS, TARGETS: 387-411-429-443 PREMIUM MARKET 2016/MAY 18
TRADING: UP-CONTRACTING-NET SELLING-UPSIDE 411/SUPPORT-ONSIDE TREND
POSITIONS: MOMENTUM ACCELERATED-FREE WORLD STOCKS-FLAT/DOWN
DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT. MOVE/DAY 5 OF PROJECTED 6
TREND: DOWN/NEW-TARGETS: 7628-7558-7503-7419 PREMIUM MARKET 2016/SEP 21
TRADING: FLAT-EXPANDED-NET BUYING-ABOVE 7419/SUPPORT-BELOW TREND/RESISTANCE
POSITIONS: MOMENTUM ACCELERATED-
HEATING OIL (ULSD)HOZ/16 25 CENT DAILY LIMIT MOVE/DAY 3-LOWER HIGH
TREND: UP/LESS TARGETS: 136-144-151-156-159, PREMIUM MARKET 2016/FEB 18
TRADING: UP-EXPANDED-OFFSET SELLING-UPSIDE 151/SUPPORT-TESTED TREND RESISTANCE
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