Tuesday, July 14, 2015

FARM COMMODITY SETTLEMENTS-CME JULY 14/2015 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOIN HIGHS+HIGHS AND LOWS+LOWS=CHANNELS/DIRECTION-YEARLY
TRADING: DAILY MOVEMENT+ACTIVITY+PREVAILING STRENGTH,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICES UP, OPEN INTEREST UP, VOLUME UP, WORLD SUPPLY PROJECTED DOWN
TRADING: DOWN+INCREASED+NET SELLING+HIGH VOLUME SUPPORTS A CORRECTION      
TARGETS: 348-368-383-395-418-441                                                          
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS COVERED SHORT+BOUGHT LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES DOWN,  OPEN INTEREST FLAT, VOLUME FLAT, WORLD SUPPLY PROJECTED UP
TRADING: UP+SAME+NET SELLING FROM DOUBLE RESISTANCE OF PREVIOUS HIGH AND 1037 TOP
TARGETS: 897-927-949-967-1002-1037                               NO TREND UP HAS BEEN CONFIRMED                        
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES UP,-OPEN INTEREST UP, VOLUME UP, WORLD SUPPLY PROJECTED UP
TRADING: UP+INCREASED+NET SELLING+NOW TESTING SUPPORT@566+LOWER HIGHS LOOK BEARISH
TARGETS: 461-491-513-531-566-601                                                             
COMMITMENTS: USERS SOLD SHORT+SOLD LONG, FUNDS BOUGHT LONG+COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES DOWN  OPEN INTEREST UP,  VOLUME DOWN
TRADING: DOWN+REDUCED+OFFSET BUYING+MOVE THROUGH 7850 NOT CONFIRMED    
TARGETS: 8931-8545-8391-8256-8030-7850                         
COMMITMENTS: NET CHANGE: USERS BOUGHT LONG, FUNDS/SMALL TRADERS SOLD SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN, OPEN INTEREST UP, VOLUME UP
TRADING: DOWN+REDUCED+OFFSET BUYING+SUPPORT@172 HOLDING+NO BREAKTHROUGH                                                                                                                                                                                                                                                                                                                                                  
TARGETS:206-194-189-185-178-172                                        
COMMITMENTS: USES BOUGHT LONG+COVERED SHORTC, FUNDS SOLD LONG+SOLD SHORT

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