FARM COMMODITY TREND ANALYSIS JANUARY 06 2017 FRIDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING  (POSITION)
TRADING: DIRECTION  ACTIVITY  RELATIVE STRENGTH OF CHANNEL POSITION OF TARGET     

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/DOWN  MEDIUM VOLUME
TREND CHANNEL: UP/GRADUAL  NARROW RANGE MONTHLY  FUTURES PREMIUM MAR17/JUL18
TRADING: FLAT HIGH  DAY 1  SELLING  UPSIDE BOTTOM  THROUGH/CLOSED LOWER BELOW 360   
TARGETS: UP  351  (360)  377  395  COMMITMENTS: HEDGER SOLD SHORT, SOLD LONG, LESS NET LONG

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/DOWN LOW VOLUME
TREND CHANNEL: DOWN/MEDIUM  MEDIUM RANGE MONTHLY  FUTURES PREMIUM JAN17/JUL17
TRADING: LOWER HIGH  SELLING  THROUGH/CLOSED LOWER BELOW CHANNEL BOTTOM  ABOVE 990    
TARGETS: DOWN, 1005  (990)  979  965  COMMITMENTS: HEDGER COVERED SHORT, LESS NET SHORT 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP   OPEN INTEREST/FLAT, LOW VOLUME
TREND CHANNEL: UP/GRADUAL  NARROW RANGE MONTHLY   FUTURES PREMIUM  MAR17/MAY19
TRADING: 8 HIGHER LOWS TOPPING  SELLING  TO/CLOSED AT SUPPORT MID CHANNEL  BELOW 424        
TARGETS: UP, 387  411  (424)  429  443  COMMITMENTS: HEDGER SOLD SHORT, LESS NET LONG

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/FLAT  MEDIUM VOLUME
TREND CHANNEL: DOWN  WIDE RANGE MONTHLY  FUTURES  PREMIUM DEC16/DEC 21 
TRADING: 6 HIGHER LOWS  SELLING AT CHANNEL TOP/CLOSED BELOW  MET RESISTANCE AT 7584
TARGETS: DOWN, (7584-7556)  7521  7476  COMMITMENTS: HEDGER BOUGHT LONG, MORE NET LONG  

HEATING OIL ULSD  HOG/17  25 CENT DAILY LIMIT,  OPEN INTEREST/UP  MEDIUM VOLUME 
TREND CHANNEL: UP,/GRADUAL  WIDE RANGE MONTHLY   FUTURES PREMIUM JAN17/FEB18
TRADING: 3 HIGHER LOWS  BUYING  RESISTANCE/CLOSED  AT CHANNEL TOP  ABOVE 169 
TARGETS: UP, 151  164  (169)  177  COMMITMENTS: HEDGER  SOLD LONG, MORE NET SHORT

FARM COMMODITY TREND ANALYSIS JANUARY 05 2017 THURSDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: DISTANCE (PROJECTED) MEASURED PRICE OBJECTIVES OF TRADING  (POSITION)
TRADING: DIRECTION  ACTIVITY  RELATIVE STRENGTH OF CHANNEL POSITION OF TARGET     

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/UP  MEDIUM VOLUME
TREND CHANNEL: UP/GRADUAL  NARROW RANGE MONTHLY  FUTURES PREMIUM MAR17/JUL18
TRADING: 7 HIGHER LOWS DAILY  BUYING  UP  IN LOWER CHANNEL THROUGH 360  HIGHER CLOSE 
TARGETS: UP  351  (360)  377  395  COMMITMENTS: INVESTOR NET SELLING SHORT

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/DOWN  LOW VOLUME
TREND CHANNEL: DOWN/MEDIUM  MEDIUM RANGE MONTHLY  FUTURES PREMIUM JAN17/JUL17
TRADING: LOWER HIGH WEEKLY  NET SELLING  UPSIDE CHANNEL BOTTOM-1005  LOWER CLOSE     
TARGETS: DOWN, (1005)  990  979  965  COMMITMENTS: INVESTOR NET SELLING LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP   OPEN INTEREST(UP, LOW VOLUME
TREND CHANNEL: UP/GRADUAL  NARROW RANGE MONTHLY   FUTURES PREMIUM  MAR17/MAY19
TRADING: 7 HIGHER LOWS DAILY  BUYING UP THROUGH MID CHANNEL BELOW 429  HIGHER CLOSE        
TARGETS: UP, 387  (411)  429  443  COMMITMENTS: HEDGER NET SELLING SHORT,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/(DOWN)  MEDIUM VOLUME
TREND CHANNEL: DOWN  WIDE RANGE MONTHLY  FUTURES  PREMIUM DEC16/DEC 21 
TRADING: 5 HIGHER LOWS WEEKLY  UP THROUGH CHANNEL TOP  MET RESISTANCE AT 7584
TARGETS: DOWN, (7584-7556)  7521  7476  COMMITMENTS: (HEDGER NET SELLING LONG)  

HEATING OIL ULSD  HOG/17  25 CENT DAILY LIMIT,  OPEN INTEREST/(DOWN), (MEDIUM) VOLUME 
TREND CHANNEL: UP,/GRADUAL  WIDE RANGE MONTHLY   FUTURES PREMIUM JAN17/FEB18
TRADING: 2 HIGHER LOWS DAILY  BELOW CHANNEL TOP  UP THROUGH/CLOSED AT 169 
TARGETS: UP, 151  164  (169)  177  COMMITMENTS: (HEDGER NET SELLING SHORT), 

FARM COMMODITY SETTLEMENTS JANUARY 04 2017 WEDNESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/UP  MEDIUM VOLUME
TREND CHANNEL: UP/GRADUAL  MONTHLY  NARROW  FUTURES PREMIUM MAR17/JUL18
TRADING: 6 HIGHER LOWS  BUYING  THROUGH RESISTANCE  CLOSED ABOVE BOTTOM AT 360 
TARGETS: UP  351  (360)  377  395  COMMITMENTS: INVESTOR NET SELLING SHORT

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/FLAT  LOW VOLUME
TREND CHANNEL: DOWN/MODERATE  WEEKLY, MODERATE RANGE  FUTURES PREMIUM JAN17/JUL17
TRADING: REVERSAL SIGNAL  BUYING  THROUGH RESISTANCE  CLOSED ABOVE BOTTOM AND 1005     
TARGETS: DOWN, 1022  (1005)  990  965  COMMITMENTS: INVESTOR NET SELLING LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP   OPEN INTEREST/(UP), LOW VOLUME
TREND CHANNEL: UP/GRADUAL   MONTHLY   NARROW   FUTURES PREMIUM  MAR17/MAY19
TRADING: 6 HIGHER LOWS  BUYING  THROUGH RESISTANCE  CLOSED ABOVE 411  IN L0WER CHANNEL      
TARGETS: DOWN, 387  (411)  429  443  COMMITMENTS: HEDGER NET SELLING SHORT,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/(UP)  MEDIUM VOLUME
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/DEC 21 
TRADING:FLAT LOW  NET BUYING  THROUGH 7476  MET RESISTANCE/CLOSED UP AT 7521
TARGETS: DOWN, 7556  (7521)  7476  7448  COMMITMENTS: (HEDGER NET SELLING LONG)  

HEATING OIL ULSD  HOG/17  25 CENT DAILY LIMIT,  OPEN INTEREST/(FLAT), VOLUME/(HIGH) 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE,   FUTURES PREMIUM JAN17/FEB18
TRADING: LOWER HIGH  NET BUYING  MET RESISTANCE/CLOSED AT 169 
TARGETS: UP, 151  164  (169)  177  COMMITMENTS: (HEDGER NET SELLING SHORT), 

FARM COMMODITY SETTLEMENTS JANUARY 03/2017 TUESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/UP  LOW VOLUME
TREND CHANNEL: UP/GRADUAL  MONTHLY  NARROW  FUTURES PREMIUM MAR17/JUL18
TRADING: 5 HIGHER LOWS  NET BUYING  MET RESISTANCE @ (BOTTOM-360)  CLOSED UP 
TARGETS: UP  (351-360)  377  395  COMMITMENTS: INVESTOR NET SELLING SHORT

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP  OPEN INTEREST/DOWN  LOW VOLUME
TREND CHANNEL: DOWN/MODERATE  WEEKLY, MODERATE RANGE  FUTURES PREMIUM JAN17/JUL17
TRADING: 3 LOWER HIGHS  NET SELLING  TESTED/CLOSED BELOW SUPPORT @ (BOTTOM-1005)  
TARGETS: DOWN, 1022  (1005-990)  965  COMMITMENTS: INVESTOR NET SELLING LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP   OPEN INTEREST/(UP), LOW VOLUME
TREND CHANNEL: UP/GRADUAL   MONTHLY   NARROW   FUTURES PREMIUM  MAR17/MAY19
TRADING: 5 HIGHER LOWS  NET SELLING  MET RESISTANCE @/CLOSED BELOW 411 ABOVE BOTTOM      
TARGETS: DOWN, (387-411)  429  443  COMMITMENTS: HEDGER NET SELLING SHORT,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/(DOWN)  LOW VOLUME
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/DEC 21 
TRADING:3 HIGHER LOWS  NET BUYING  IN UPPER CHANNEL  MET RESISTANCE CLOSED UP ABOVE 7448
TARGETS: DOWN, 7476  (7448)  7416  7378  COMMITMENTS: (HEDGER NET SELLING LONG)  

HEATING OIL ULSD  HOG/17  25 CENT DAILY LIMIT,  OPEN INTEREST/DOWN, VOLUME/MODERATE 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE,   FUTURES PREMIUM JAN17/FEB18
TRADING: OUTSIDE DAY  NET SELLING  MET RESISTANCE/CLOSED BELOW (TOP-177) 
TARGETS: UP, 151  164  (169-177)  COMMITMENTS: (HEDGER NET SELLING SHORT), 

FARM COMMODITY SETTLEMENTS DECEMBER 30/2016 FRIDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/(UP), LOW VOLUME
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW, FUTURES PREMIUM MAR17/JUL18
TRADING: NET BUYING BELOW BOTTOM, TESTED/CLOSED ABOVE RESISTANCE @ 351, HIGHER LOWS,
TARGETS: UP, 325-340-(351)-360, COMMITMENTS: (INVESTOR NET SELLING SHORT)

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, LOW VOLUME
TREND CHANNEL: DOWN/MODERATE, WEEKLY, MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: NET SELLING, SUPPORT TESTED @ BOTTOM, MET @ 1005, LOWER HIGH, LOWER CLOSE 
TARGETS: DOWN, 1022-(1005)-990-965, COMMITMENTS: INVESTOR NET SELLING LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/(FLAT), LOW VOLUME
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW, FUTURES PREMIUM  MAR17/MAY19
TRADING: NET BUYING ABOVE BOTTOM, BELOW 411, HIGHER LOW, HIGHER CLOSE    
TARGETS: DOWN, 387-(411)-429-443 COMMITMENTS: HEDGER NET SELLING SHORT,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/UP-LESS, LOW VOLUME
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/DEC 21 
TRADING: NET BUYING, RESISTANCE TESTED MID CHANNEL + 7448, HIGHER LOW, HIGHER CLOSE
TARGETS: DOWN, 7476-(7448)-7416-7378, COMMITMENTS: (HEDGER NET SELLING LONG)  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT,  OPEN INTEREST/FLAT, VOLUME/MODERATE 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, FUTURES PREMIUM JAN17/FEB18
TRADING: NET BUYING, SUPPORT@TOP, CLOSED UP ABOVE TOP, FLAT HIGHS, HIGHER CLOSE
TARGETS: UP, 151-164-(169)-177, COMMITMENTS: (HEDGER NET SELLING SHORT), 

FARM COMMODITY SETTLEMENTS DECEMBER 29/2016 THURSDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, LOW VOLUME
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW, FUTURES PREMIUM MAR17/JUL18
TRADING: NET BUYING BELOW BOTTOM, DOWNSIDE RESISTANCE @ 351, FLAT LOW, OVERSOLD
TARGETS: UP, 325-340-(351)-360, COMMITMENTS: HEDGERS NET SHORT COVERING

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, LOW VOLUME
TREND CHANNEL: DOWN/MODERATE, WEEKLY, MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: NET SELLING UPSIDE SUPPORT @ BOTTOM, TESTED RESISTANCE @ 1022, HIGHER LOW 
TARGETS: DOWN, 1065-(1022-1005)-990, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, LOW VOLUME
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW, FUTURES PREMIUM  MAR17/(MAY)19
TRADING: NET BUYING ABOVE BOTTOM, INSIDE 387-411, HIGHER LOW    
TARGETS: DOWN, (387-411)-429-443 COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/UP-LESS, LOW VOLUME
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/(DEC) 21 
TRADING: NET BUYING, MET RESISTANCE/CLOSED @ MID CHANNEL + 7416, HIGHER LOW
TARGETS: DOWN, 7448-(7416-7378)-7332, COMMITMENTS: INVESTOR NET SHORT COVERING  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, TRADING: SELLING, RESISTANCE@177, ABOVE TOP
TARGETS: UP, 151-164-(169-177), COMMITMENTS: INVESTOR NET SHORT SELLING, OVERBOUGHT

FARM COMMODITY SETTLEMENTS DECEMBER 28/2016 WEDNESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, LOW VOLUME
TREND CHANNEL: (UP/GRADUAL), (MONTHLY), NARROW, FUTURES PREMIUM MAR17/JUL18
TRADING: SELLING DOWNSIDE CHANNEL BOTTOM, CLOSED BELOW 351, OVERSOLD
TARGETS: UP, 325-(340-351)-360, COMMITMENTS: HEDGERS NET SHORT COVERING

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, LOW VOLUME
TREND CHANNEL: DOWN/MODERATE, WEEKLY, MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: NET SELLING UPSIDE CHANNEL BOTTOM AS SUPPORT, CLOSED BELOW 1022 
TARGETS: DOWN, 1065-(1022)-1005-990, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, LOW VOLUME
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW, FUTURES PREMIUM  MAR17/JUL/(19)
TRADING: SELLING UPSIDE CHANNEL BOTTOM AS SUPPORT + CLOSED MID 387-411    
TARGETS: DOWN, (387-411)-429-443 COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/UP-LESS, LOW VOLUME
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/(DEC) 21 
TRADING: NET BUYING IN LOWER CHANNEL, TESTED RESISTANCE AT + CLOSED ABOVE 7378
TARGETS: DOWN, 7521-7416-(7378)-7332, COMMITMENTS: INVESTOR NET SHORT COVERING  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, TRADING: OFFSET SELLING, ABOVE CHANNEL TOP
TARGETS: UP, 151-164-(169-177), COMMITMENTS: INVESTOR NET SHORT SELLING, OVERBOUGHT

FARM COMMODITY SETTLEMENTS DECEMBER 27/2016 TUESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: (UP/GRADUAL), (MONTHLY), NARROW, FUTURES PREMIUM MAR17/JUL18
TRADING: RALLY, CLOSED ABOVE CHANNEL BOTTOM/RESISTANCE, INSIDE 351-360, ACCELERATED,
TARGETS: UP, 325-340-(351-360), COMMITMENTS: HEDGERS NET SHORT COVERING

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, VOL/MODERATE
TREND CHANNEL: DOWN/MODERATE, WEEKLY, MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: RALLY, CLOSED ABOVE RESISTANCE@CHANNEL BOTTOM ABOVE 1022, ACCELERATED 
TARGETS: DOWN, 1065-(1022)-1005-990, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: (UP/GRADUAL, (MONTHLY), NARROW, FUTURES PREMIUM  MAR17/JUL/(19)
TRADING: RALLY, TESTED/CLOSED ABOVE CHANNEL BOTTOM/RESISTANCE, BELOW 411,, ACCELERATED   
TARGETS: DOWN (411)-402-388-376, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/UP VOLUME LOW
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/(DEC) 21 
TRADING: FLAT, SELLING, BELOW MID CHANNEL+CLOSED @ 7378, DECELERATED
TARGETS: DOWN, 7521-7416-(7378)-7332, COMMITMENTS: INVESTOR NET SHORT COVERING  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, TRADING: UP, OFFSET, TESTED RESITANCE@169 + TOP
TARGETS: UP, 151-164-(169)-177, COMMITMENTS: INVESTOR NET SHORT SELLING, ACCELERATED

FARM COMMODITY SETTLEMENTS DECEMBER 23/2016 FRIDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: (DOWN/MODERATE), (DAILY), VERY NARROW, FUTURES PREMIUM MAR17/JUL18
TRADING: DOWN, MATCHED, FLAT AT CHANNEL TOP RESISTANCE, BELOW 351, DECELERATING,
TARGETS: UP, 325-(340-351)-360, COMMITMENTS: HEDGERS NET SHORT COVERING

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, VOL/MODERATE
TREND CHANNEL: DOWN/MODERATE, WEEKLY, MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, NET SELLING, CLOSED BELOW SUPPORT@MID CHANNEL+ BELOW 1005, DECELERATED 
TARGETS: DOWN, 1022-(1005-990)-965, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: (DOWN/MODERATE), (DAILY), NARROW, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, NET SELLING, MID CHANNEL, INSIDE 402/388, ACCELERATED   
TARGETS: DOWN 411-(402-388)-376, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/UP VOLUME LOW
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, NET SELLING, BELOW MID CHANNEL+CLOSED BELOW 7416, ACCELERATING
TARGETS: DOWN, 7521-(7416-7378)-7332, COMMITMENTS: INVESTOR NET SHORT COVERING  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, TRADING: UP OFFSET, RESITANCE@169 + TOP
TARGETS: UP, 151-(164-169)-177, COMMITMENTS: INVESTOR NET SHORT SELLING, DECELERATED

FARM COMMODITY SETTLEMENTS DECEMBER 22/2016 THURSDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: DOWN-FLAT, MATCHED, FLAT CLOSE BELOW CHANNEL BOTTOM/351, DECELERATING,
TARGETS: UP, 325-(340-351)-360, COMMITMENTS: INVESTOR ACCUMULATION BOTH SIDES

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN, VOL/MODERATE
TREND CHANNEL: (DOWN/MODERATE), (WEEKLY), MODERATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, SELLING, CLOSED BELOW SUPPORT@CHANNEL BOTTOM+@1005, ACCELERATED 
TARGETS: DOWN, 1022-(1005)-990-965, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, NET SELLING, TESTED/CLOSED BELOW CHANNEL BOTTOM+402, DECELERATED   
TARGETS: DOWN 411-(402)-388-376, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME LOW
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, NET SELLING, BELOW SUPPORT MID CHANNEL+CLOSED ABOVE 7416, ACCELERATED
TARGETS: DOWN, 7521-(7416)-7378-7332, COMMITMENTS: INVESTOR NET SHORT SELLING  

HEATING OIL (ULSD)(HOG/17), 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP,/GRADUAL MONTHLY, WIDE, TRADING: NET BUYING, SUPPORT@164/BELOW TOP
TARGETS: UP, 151-(164-169)-177, COMMITMENTS: HEDGER NET SHORT SELLING, ACCELERATING

FARM COMMODITY SETTLEMENTS DECEMBER 21/2016 WEDNESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: DOWN-(DAY 6 TYPICAL MOVE) LOWER CLOSE BELOW CHANNEL BOTTOM/351, DECELERATING,
TARGETS: UP, 325-340-351-360, COMMITMENTS: INVESTOR ACCUMULATION BOTH SIDES

SOYS/SH17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/DOWN VOLUME/LOW
TREND CHANNEL:  UP/MEDIATE, MONTHLY, WIDE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, NET SELLING, CLOSED BELOW RESISTANCE@CHANNEL BOTTOM/1022, DECELERATED 
TARGETS: DOWN, 1022-1005-990-965, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, NET SELLING, UPSIDE CHANNEL BOTTOM, CLOSED BELOW 402, DECELERATED   
TARGETS: DOWN 411-402-388-376, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME LOW
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, NET SELLING, ABOVE MID CHANNEL, TESTED/CLOSED @SUPPORT@7464, STEADY
TARGETS: UP, 7360-7464-7502-7602-7724, COMMITMENTS: INVESTOR NET SHORT SELLING  

HEATING OIL (ULSD)HOG/17, 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP, MONTHLY, WIDE, TRADING: NET SELLING, RESISTANCE@CHANNEL TOP+169
TARGETS: UP, 151-164-169-177, COMMITMENTS: HEDGER NET SHORT SELLING, ACCELERATED

FARM COMMODITY SETTLEMENTS DECEMBER 20/2016 TUESDAY

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: MOVEMENT, RELATIVE STRENGTH OF CHANNEL/TARGET, MOMENTUM (LENGTH OF RANGE),  

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: DOWN, TESTED/CLOSED BELOW CHANNEL LOW/351, DECELERATING,
TARGETS: UP, 325-340-351-360, COMMITMENTS: INVESTOR ACCUMULATION BOTH SIDES

SOYS/SF17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT VOLUME/MEDIATE
TREND CHANNEL:  UP/MEDIATE, MONTHLY, WIDE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, TESTED/CLOSED BELOW CHANNEL BOTTOM, MET SUPPORT@1005, ACCELERATING
TARGETS: DOWN, 1022-1005-990-965, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, UPSIDE CHANNEL BOTTOM, THROUGH 411, TESTED SUPPORT@402, DECELERATED   
TARGETS: DOWN 411-402-388-376, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDH/17 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME LOW
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, UPSIDE MID CHANNEL, TESTED/CLOSED ABOIVE SUPPORT@7464, DECELERATED
TARGETS: UP, 7360-7464-7502-7602-7724, COMMITMENTS: INVESTOR NET SHORT SELLING  

HEATING OIL (ULSD)HOG/17, 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP, MONTHLY, WIDE, TRADING: TEST OF TOP/CLOSED BELOW/ONSIDE 169
TARGETS: UP, 151-164-169-177, COMMITMENTS: HEDGER NET SHORT SELLING, DECELERATING

FARM COMMODITY SETTLEMENTS DECEMBER 19/2016 MONDAY

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: MOVEMENT, MOMENTUM (RANGE), RELATIVE STRENGTH OF TREND, TARGETS   

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, NARROW RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: UP, TESTED CHANNEL LOW, CONSTANT MOMENTUM, ONSIDE 351
TARGETS: UP, 325-360-377-395, COMMITMENTS: INVESTOR ACCUMULATION BOTH SIDES

SOYS/SF17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT VOLUME/MEDIATE
TREND CHANNEL:  UP/MEDIATE, MONTHLY, WIDE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, UPSIDE CHANNEL LOW, GAINED MOMENTUM, TESTED 1022/SUPPORT
TARGETS: DOWN, 1065-1022-1005-990, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: UP/GRADUAL, MONTHLY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, LOWER HALF OF CHANNEL, MAINTAINED MOMENTUM, TESTING 409/SUPPORT  
TARGETS: UP, 409-425-437-446, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME MIXED
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, UPSIDE MID CHANNEL, LOSING MOMENTUM, TESTED 7464/SUPPORT,
TARGETS: UP, 7360-7464-7502-7602-7724, COMMITMENTS: INVESTOR NET SHORT SELLING  

HEATING OIL (ULSD)HOF, 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP, MONTHLY, WIDE, TRADING: FLAT BELOW CHANNEL TOP, ABOVE 164
TARGETS: UP, 144-151-164-177, COMMITMENTS: HEDGER NET SHORT SELLING

FARM COMMODITY SETTLEMENTS DECEMBER 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: MOVEMENT, MOMENTUM (RANGE), RELATIVE STRENGTH OF TREND, TARGETS   

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW
TREND CHANNEL: UP, MONTHLY, NARROW RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: UP, MET CHANNEL LOW, LOST MOMENTUM, INSIDE 360/351
TARGETS: UP, 325-360-377-395, COMMITMENTS: INVESTOR ACCUMULATION BOTH SIDES

SOYS/SF17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT VOLUME/MEDIATE       
TREND CHANNEL:  UP, MONTHLY, WIDE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN, DOWNSIDE MID CHANNEL, STEADY MOMENTUM, ABOVE 1022
TARGETS: DOWN, 1065-1022-1005-990, COMMITMENTS: INVESTOR NET LIQUIDATION LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW      
TREND CHANNEL: UP, MONTHLY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: DOWN, LOWER HALF OF CHANNEL, LOST MOMENTUM, TESTING SUPPORT AT 409  
TARGETS: UP, 409-425-437-446, COMMITMENTS: HEDGER NET SHORT SELLING,

DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME MIXED
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: DOWN, UPSIDE MID CHANNEL, LOSING MOMENTUM, MET 7464 SUPPORT,
TARGETS: UP, 7360-7464-7502-7602-7724, COMMITMENTS: INVESTOR NET SHORT SELLING  

HEATING OIL (ULSD)HOF, 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP, MONTHLY, WIDE, TRADING: TESTING CHANNEL TOP RESISTANCE, BELOW 177, 
TARGETS: UP, 144-151-164-177, COMMITMENTS: HEDGER NET SHORT SELLING 

FARM COMMODITY SETTLEMENTS DECEMBER 13/2016 

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: MOVEMENT, MOMENTUM (RANGE), RELATIVE STRENGTH OF TREND, TARGETS   

CORN/CH17: 25 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP, VOLUME/MODERATE
TREND CHANNEL: UP, MONTHLY, INTERMEDIATE RANGE, FUTURES PREMIUM MAR17/JUL18
TRADING: UP, MID CHANNEL, LOSING MOMENTUM, TESTING 360 AS RESISTANCE
TARGETS: UP, 325-360-377-395, NET COMMITMENTS: INVESTOR LIQUIDATED LONG

SOYS/SF17: 65 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/UP VOLUME/MODERATE       
TREND CHANNEL:  UP, MONTHLY, INTERMEDIATE RANGE, FUTURES PREMIUM JAN17/JUL17
TRADING: DOWN BELOW MID CHANNEL, LOSING MOMENTUM, ABOIVE 1022 AS SUPPORT
TARGETS: DOWN, 1065-1022-1005-990, NET COMMITMENTS: HEDGER ACCUMULATED LONG 

WHEAT/WH17: 35 CENT DAILY LIMIT  FREE WORLD STOCKS/UP, OPEN INTEREST/FLAT, VOLUME/LOW      
TREND CHANNEL: UP, MONTHY, WIDE RANGE, FUTURES PREMIUM  MAR17/MAY19
TRADING: UP ABOVE MID CHANNEL, LOSING MOMENTUM, BELOW 425 AS RESISTANCE 
TARGETS: UP, 409-425-437-446, NET COMMITMENTS: HEDGER ACCUMULATED LONG,

DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT.  OPEN INTEREST/DOWN, VOLUME MODERATE
TREND CHANNEL: DOWN, MONTHLY, WIDE RANGE, FUTURES  PREMIUM DEC16/SEP 21 
TRADING: UP TESTING TOP OF CHANNEL, LOSING MOMENTUM, TESTING 7602 AS RESISTANCE,
TARGETS: UP, 7360-7464-7502-7602-7724, NET COMMITMENTS: HEDGERS COVERED SHORT  

HEATING OIL (ULSD)HOF, 25 CENT DAILY LIMIT  FUTURES PREMIUM JAN17/FEB18, 
TREND CHANNEL: UP, MONTHLY, WIDE, TRADING: UP, TESTING TOP OF CHANNEL, GAINED MOMENTUM, 
TARGETS: UP, 144-151-164-177, HEDGERS/INVESTORS LIQUIDATED LONG, POTENTIEL 

FARM COMMODITY SETTLEMENTS DECEMBER 9/2016 

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: MOVEMENT, MOMENTUM (RANGE), RELATIVE STRENGTH OF TREND, TARGETS   

CORN/CH17: 25 CENT DAILY LIMIT  PENETRATED/CLOSED ABOVE TREND AS RESISTANCE
TREND: DOWN  PREMIUM MARKET  MAR17/JUL18  FREE WORLD STOCKS/UP
TARGETS: 356-351-346-339-333  NET COMMITMENTS: INVESTOR SOLD LONG
TRADING: FLAT, INTERMEDIATE, BUYING, PENETRATED 356/CLOSED ABOVE.

SOYBEANS/SF17: 65 CENT DAILY LIMIT  DOWNSIDE TREND     
TREND: UP/LESS. PREMIUM MARKET JAN17/JUL17, FREE WORLD STOCKS/UP
TARGETS: 1050-1022-1005-990, NET COMMITMENTS: HEDGER BOUGHT LONG
TRADING: DOWN, INTERMEDIATE, BUYING UP FROM 1022/CLOSED BELOW TREND

WHEAT/WH17: 35 CENT DAILY LIMIT      UPSIDE TREND 
TREND: DOWN,  PREMIUM MARKET MAR17/MAY19  FREE WORLD STOCKS/UP
TARGETS: 446-421-411=402-388, NET COMMITMENTS: HEDGER BIG/SMALL BOUGHT LONG
TRADING: UP, WIDE, BUYING, PENETRATED RESISTANCE AT 411/CLOSED UP

DOLLAR CAD/USD: CDZ/16 4.00 DAILY LIIMIT.  ONSIDE STEEP TREND-9 DAYS
TREND: UP/UP LESS   PREMIUM MARKET DEC16/SEP 21 
TARGETS: 7360-7464-7542-7602, NET COMMITMENTS: HEDGER BIG/SMALL SHORT COVERED
TRADING: UP, NARROW, NET BUYING, MET RESISTANCE AT 7602/CLOSED BELOW, 

HEATING OIL (ULSD)HOF, 25 CENT DAILY LIMIT  PREMIUM MARKET JAN17/FEB18, 
TREND: UP  TARGETS: 151-156-164-177,  NET COMMITMENTS: HEDGER/INVESTOR SOLD LONG
TRADING: DOWN, NARROW, MATCHED, ABOVE TREND AT 164 AS RESISTANCE