Monday, June 29, 2015

FARM COMMODITY SETTLEMENTS-CME JUNE 29/2015 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: GIVE DIRECTION: LINES JOINING HIGHS WITH HIGHS AND LOWS WITH LOWS
TRADING: DAILY MOVE+MOMENTUM+ACTIVITY+PREVAILING STRENGTH,  (IN ORDER)
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICES UP, OPEN INTEREST DOWN, VOLUME DOWN, SUPPLY PROJECTED DOWN
TRADING: UP+DECELERATING+OFSET SELLING+FLAT CLOSE=RESISTANCE AT 390 HELD        
TARGETS: 348-357-364-369-380-390  
COMMITMENTS:-NET CHANGE: USERS SOLD SHORT, INVESTORS/OTHERS COVERED SHORT
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME DOWN,  SUPPLY PROJECTED UP
TRADING: FLAT+DECELERATING+NET SELLING+RESISTANCE SELLING AT 1002 PREVAILED
TARGETS: 897-927-949-967-1002-1037
COMMITMENTS: NET CHANGE: USERS SOLD SHORT, INVESTORS/OTHERS COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES UP,  OPEN INTEREST DOWN,  VOLUME DOWN,  SUPPLY PROJECTED UP
TRADING: UP+DECELERATING+NET BUYING+THRU 566 RESISTANCE+CUT CHANNEL RESISTANCE
TARGETS: 461-491-513-531-566-601  
COMMITMENTS- NET CHANGE: USERS/OTHERS BOUGHT LONG, INVESTORS SOLD LONG
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES UP,  OPEN INTEREST UP, VOLUME UP
TRADING: FLAT+ACCELERATED+NET SELLING+TESTING 8049/ OVERSOLD TREND SUPPORT   
TARGETS: 7781-8049-8250-8406-8719-9031            
COMMITMENTS: NET CHANGE: USERS/OTHERS COVERED SHORT, INVESTORS SOLD LONG
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN,  OPEN INTEREST DOWN, VOLUME UP
TRADING: DOWN+ACCELERATED+NET SELLING+CUT THRU 185 TESTING RESISTANCE 
TARGETS: 206-194-189-185-178-172           
COMMITMENTS: NET CHANGE: USERS BOUGHT LONG, INVESTORS/OTHERS COVERED SHORT
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