Saturday, March 14, 2015

FARM COMMODITY SETTLEMENTS-CME MAR 13/2015 FRIDAY
Markets-price supply/demand during relative strength trading
Trends: lines join price highs with highs, lows with lows=direction
Trading: movement/momentum+activity+prevailing strength
Targets: projected length of move
CORN- 25 cent daily limit
Positions: users-accumulated long/investors accumulated short
Trends: highs-lower+open interest-up+supply-down
Trading: LOWER/MORE FORCE+SELLING=TESTING SUPPORT AT 382 .
TARGETS: 419-392-382-373-359-347                            =BEARISH                               
SOYBEANS- 70 cent daily limit
Positions: users-accumulated long/investors-liquidated long
Trends: HIGHS-LOWER-+OPEN INTEREST-UP+SUPPLY-UP
Trading: LOWER/MORE FORCE+SELLING+THROUGH-CLOSED BELOW SUPPORT @985
Targets: 1087-1014-985-959-917-883                 =BEARISH
WHEAT- 35 cent daily limit
Positions: users-accumulated long/investors-accumulated short
Trends: highs-lower+open interest-turned up+supply-un
Trading: flat/force+net selling+double resistance @511+last high
Targets: 677-606-598-558-553-511-478               =BEARISH
CANADIAN DOLLAR- 4.00 dollar daily limit
POSITIONS: USERS-ACCUMULATED LONG/NON-REPORTABLES ACCUMULATED SHORT
Trends: highs-lower+open interest-up+volume-higher
Trading: LOWER/MORE FORCE+SELLNG+TEST OF SUPPORT @7808+PREVIOUS LOWS
Targets: 7808-8090-8316-8485-8823-9161          =LESS BEARISH
HEATING OIL- 25 cent daily limit
Positions: users-accumulated long/investors-accumulated short
Trends: highs-lower/more+open interest-higher/turning lower
Trading: lower/MORE FORCE+SELLING+RESISTANCE PREVAILED+SUPPORT PENETRATED
Targets: 159-187-214-232-269-305                     =BEARISH

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