Wednesday, July 01, 2015

FARM COMMODITY SETTLEMENTS-CME JULY 1/2015 WEDNESDAY
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 UP, VOLUME DOWN, WORLD SUPPLY PROJECTED DOWN
TRADING: UP+DECELERATED+OFFSET BUYING SHORT COVERING NOT FINISHED        
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 UP, VOLUME DOWN,  WORLD SUPPLY PROJECTED UP
TRADING: FLAT+DECELERATED+NET SELLING+RESISTANCE AT 1040+SOME SHORT COVERING LEFT 
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 UP, VOLUME DOWN, WORLD SUPPLY PROJECTED UP
TRADING: FLAT+SAME+NET SELLING+NO FOLLOW THROUGH UP-BROKE TREND AS SUPPORT
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 DOWN  OPEN INTEREST UP,  VOLUME DOWN
TRADING: DOWN+ACCELERATED+SELLING+STRAIGHT THROUGH 8030 AS  SUPPORT   
TARGETS: 8931-8545-8391-8256-8030-7850           
COMMITMENTS: NET CHANGE: USERS/OTHERS COVERED SHORT, INVESTORS SOLD LONG
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN,/  OPEN INTEREST DOWN/FLAT, VOLUME DOWN
TRADING: DOWN+DECELERATED+SELLING+BROKE/TESTED CLOSED BELOW SUPPORT AT 185
TARGETS: 206-194-189-185-178-172           
COMMITMENTS: NET CHANGE: USERS BOUGHT LONG, INVESTORS/OTHERS COVERED SHORT

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