Thursday, March 05, 2015

FARM COMMODITY SETTLEMENTS-CME MAR 5/2015 THURSDAY
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-liquidated long/investors-accumulated long
Trends: prices-lower+open interest-lower/flat+supply-higher/less
Trading: FLAT/LESS FORCE+OFFSET+RESISTANCE@393+OLD CROP SUPPLY/DEMAND BALANCE
PROJECTIONS: 419-392-382-373-359-347                                =BEARISH                               
SOYBEANS- 70 cent daily limit
Net positions: users-liquidated long/investors-accumulated long
Trends: PRICES-LOWER-+OPEN INTEREST-LOWER+SUPPLY-PROJECTED-HIGHER/-LESS
Trading: lower/less force+selling+support@985+in good supply
Projections: 1087-1014-985-959-917-883                =BEARISH
WHEAT- 35 cent daily limit
Net positions:users-covered short/investors-sold short
Trends: prices-lower+open interest-flat+supply-projected/higher
Trading: lower/more force+selling below old lows @support@478
Projections: 677-606-598-558-553-511-478             =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: FLAT/LESS FORCE+SELLING BELOW TREND SUPPORT+UNABLE MAKE NEW HIGH
Projections: 7808-8090-8316-8485-8823-9161         =LESS BULLISH
HEATING OIL- 25 cent daily limit
Net positions: users-liquidated long/investors-covered short
Trends: prices-higher/less+open interest-slowly higher
Trading: lowER/LOSING FORCE+SELLING+@18+SUPPORT+UNABLE KEEP PACE WITH TREND
Projections: 159-187-214-232-269-305                    =LESS BULLISH
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