Tuesday, March 10, 2015

FARM COMMODITY SETTLEMENTS-CME MAR 10/2015 TUESDAY
Markets-price supply/demand during relative strength trading
Trends-trend-lines/lower join-lower highs, higher-higher lows
Trading-movement/momentum+activity+prevailing strength
Targets-projected length of move
CORN- 25 cent daily limit
Net positions: users-less short/investors less long
Trends: prices-lower+open interest-lower+supply-proj lower
Trading: ;LOWER/NO FORCE+OFFSET=RESISTANCE+INVESTORS SELLING SHORT.
PROJECTIONS: 419-392-382-373-359-347                                =BEARISH                               
SOYBEANS- 70 cent daily limit
Net positions: users-less long/investors-less short
Trends: PRICES-LOWER-+OPEN INTEREST-HIGHER+SUPPLY-PROJECTED-HIGHER/-LESS
Trading: lower/less force+net selling+users liquidating long
Projections: 1087-1014-985-959-917-883                =BEARISH
WHEAT- 35 cent daily limit
Net positions:users-more long/investors-more short
Trends: prices-lower+open interest-higher+supply-higher
Trading: higher/more force+buying+@major trend-line resistance
Projections: 677-606-598-558-553-511-478      =TEST OF BEARISH
CANADIAN DOLLAR- 4.00 dollar daily limit
NET POSITIONS: USERS-ACCUMULATED LONG/INVESTORS-SOLD SHORT
Trends: prices-higher+open interest-higher+volume-higher
Trading: L0WER/MORE FORCE+SPEED+INVESTOR SELLING+MAJOR SUPPORT@ OLD LOWS
Projections: 7808-8090-8316-8485-8823-9161         =LESS BULLISH
HEATING OIL- 25 cent daily limit
Net positions: users-sold short/investors-covered short
Trends: prices-higher/less+open interest-slowly higher
Trading: lowER/MORE FORCE+SPEED+SELLING+MAJOR SUPPORT@ OLD LOWS
Projections: 159-187-214-232-269-305             +TEST OF BULLISH
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