Friday, June 23, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 23/2017
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 (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/ABOVE TREND                 
TRADING: NET SELLING DOWN CONSTANT BELOW TREND-PENETRATED 361 SUPPORT 

TARGETS: (343 352 361 370) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE-REVISED, OPEN INTEREST-DOWN/ABOVE TREND
TRADING: NET SELLING DOWN ABOVE TREND  BELOW 910 + PREVIOUS MAJOR LOW
TARGETS: (919 910 893 876) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/BELOW TREND           
TRADING: NET SELLING UP DECELERATED ABOVE TREND MET RESISTANCE @466 
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/ONSIDE TREND     
TRADING: NET BUYING UP, TESTED RESISTANCE @TREND TESTED RESISTANCE @7570
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL-REVISED, OPEN INTEREST-UP/LESS SO/ONSIDETREND
TRADING: NET BUYING FLAT DECELERATED DOWNSIDE REVISED TREND SUPPORT @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Thursday, June 22, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 22/2017
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 (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, dDOWN ABOVE TREND                 
TRADING: SELLING ACCELERATING DOWN BELOW TREND-TO SUPPORT @361 

TARGETS: (343 352 361 370 379), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE-REVISED, OPEN INTEREST-UP, UP ABOVE TREND
TRADING: SELLING DOWN ABOVE TREND TESTED/CLOSED BELOW 910 + PREVIOUS LOW
TARGETS: (919 910 893 876), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, DOWN BELOW TREND           
TRADING: NET BUYING ABOVE TREND, UPSIDE  SUPPORT @456, COMPLETING A TOP
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN-NEW TREND, ON TREND     
TRADING: NET BUYING UP, TESTED RESISTANCE @TREND, UP FROM SUPPORT @7511
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-UP, UP ON TREND
TRADING: OFFSET DOWN, DOWNSIDE TREND, MET SUPPORT @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Wednesday, June 21, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 21/2017
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 (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, UP ABOVE TREND                 
TRADING: OFFSET SELLING, FLAT, TESTED/CLOSED BELOW SUPPORT @TREND/370  

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-UP, FLAT ABOVE TREND
TRADING: NET SELLING, LOWER, BREAKOUT BELOW TREND TESTED SUPPORT @919 
TARGETS: (945 928 919 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, FLAT BELOW TREND           
TRADING: SELLING, FLAT, ABOVE TREND, RESISTANCE @466, FLAT HIGHS
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN-NEW TREND     
TRADING: NET SELLING LOWER, BREAKOUT BELOW TREND, TESTED SUPPORT @7511
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-DOWN, FLAT ABOVE TREND
TRADING: NET SELLING, LOWER, TO SUPPORT @NEW TREND + @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Tuesday, June 20, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 20/2017
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 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/GRADUAL, OPEN INTEREST-DOWN/MODERATE-(ON TREND)                 
TRADING: SELLING DOWN, MAJOR RESISTANCE @388, TESTING TREND+370/SUPPORT 

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: SELLING DOWN, LOWER HIGH, TESTED SUPPORT @TREND+LAST LOW+928
TARGETS: (962 945 928 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: NET BUYING UP/LESS STEEP ABOVE TREND BELOW RESISTANCE @476
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ABOVE TREND)     
TRADING: NET SELLING DOWN BELOW RESISTANCE @TREND+7570, LOOKS TOPPY
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(ABOVE TREND)
TRADING: NET SELLING DOWN TESTING TREND/SUPPORT,D DOWNSIDE RESISTANCE @143  

TARGETS: (156 149 143 136)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Monday, June 19, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 19/2017
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 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/GRADUAL, OPEN INTEREST-DOWN/MODERATE-(DOWNSIDE TREND)                 
TRADING: NET SELLING, DOWN, ABOVE TREND, BELOW RESISTANCE @OLD HIGHS + 379 

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: NET SELLING UP TESTED TREND/SUPPORT, RESISTANCE @945/PREVIOUS HIGH ,
TARGETS: (962 945 928 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: NET BUYING UP/STEEP ABOVE TREND TESTING RESISTANCE @OLD HIGHS +466
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (JUN/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ABOVE TREND)     
TRADING: NET SELLING UP DOWNSIDE TREND TESTING RESISTANCE @TREND +7570
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (JUL/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(ABOVE TREND)
TRADING: NET SELLING DOWN UPSIDE TREND/SUPPORT, DOWNSIDE RESISTANCE @143  

TARGETS: (156 149 143 136)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Friday, June 16, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 16/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: DIRECTION, RELATIVE STRENGTH OF ACTIVITY/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/GRADUAL, OPEN INTEREST-DOWN/MODERATE-(ON TREND)                 
TRADING: UP BUYING PENETRATED/CLOSED ABOVE 379/RESISTANCE UP ABOVE TREND
 
TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: UP NET BUYING INSIDE 928-945 TESTED/CLOSED ABOVE TREND/RESISTANCE
TARGETS: (962 945 928 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: UP NET BUYING TESTED/CLOSED BELOW 466/RESISTANCE NEW HIGH
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (JUN/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ABOVE TREND)     
TRADING: FLAT-UP, BUYING MET 7570/RESISTANCE, BELOW TREND, HIGHER LOW
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (JUL/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN, OPEN INTEREST-DOWN/MORE GRADUAL-FLAT-(ABOVE TREND)
TRADING: UP NET BUYING MET 143/RESISTANCE UPSIDE TREND HIGHER LOW

TARGETS: (156 149 143 136)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Thursday, June 15, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 15/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: DIRECTION, RELATIVE STRENGTH OF ACTIVITY/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/GRADUAL, OPEN INTEREST-UP/SEMI-MODERATE-(ON TREND)                 
TRADING: SPIKED DOWN, SUPPORT @ 370 ALSO @
TREND, CLOSED UP 
TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: BIG DECREASE

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: DOWNSIDE TREND, NET OFFSET BUYING, SUPPORT @ 928, CLOSED UP
TARGETS: (962 945 928 910 893), COMMITMENTS OF TRADERS, FLAT, NO CHANGE

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: UP, NET BUYING, RESISTANCE @ 456, ABOVE TREND, OVERBOUGHT
TARGETS: (436 446 456 466 476
), COMMITMENTS OF TRADERS: SMALL DECREASE,

DOLLAR CAD/USD:
 (JUN/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ON TREND)     
TRADING: DOWN, NET SELLING, RESISTANCE @ 7570, BELOW TREND, LOWER HIGH
TARGETS: (7615 7570 7526 7482)  COMMITMENTS OF TRADERS: SMALL DECREASE    


HEATING OIL ULSD: (JUL/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN, OPEN INTEREST-DOWN/MORE GRADUAL-FLAT-(ON TREND)
TRADING: FLAT, OFFSET, TESTED/CLOSED BELOW 143, ON TREND, NARROW RANGE

TARGETS: (156 149 143 136 130)  COMMITMENTS OF TRADERS, GOOD DECREASE
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