Thursday, July 30, 2015

FARM COMMODITY SETTLEMENTS-CME JULY 30/2015 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: CHANNEL LINES PARALLEL THROUGH HIGHS+LOWS-LONGER TERM
TRADING: DAILY MOVEMENT+ACTIVITY+PREVAILING STRENGTH,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: 1ST OVERSOLD/MODERATE UP, OPEN INTEREST UP/LESS, VOLUME DOWN,
TRADING: MOVE DOWN/LESS, NET BUYING BELOW TREND LOW+@381-LOWER HIGHS        
TARGETS: 443-421-412-404-392-381           WORLD STOCKS PROJECTED DOWN
NET COMMITMENTS: USERS/SMALL TRADERS-MORE SHORT, INVESTORS-MORE LONG
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: NARROW DOWN,  OPEN INTEREST DOWN, VOLUME DOWN, WORLD STOCKS UP
TRADING: MOVE UP/MORE, NET BUYING, INSIDE TREND, RESISTANCE@HIGH+@952-HIGHER LOWS   
TARGETS: 1045-1005-989-975-952-933                                           
NET COMMITMENTS: USERS-MORE SHORT, INVESTORS/SMALL TRADERS-MORE LONG
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: NARROW DOWN-OPEN INTEREST FLAT, VOLUME FLAT, WORLD STOCKS UP 
TRADING:MOVE DOWN/LESS, NET BUYING+INSIDE TREND@LOW+489 AS SUPPORT-LOWER HIGHS
TARGETS: 618-572-554-538-511-489        
NET COMMITMENTS: USERS/SMALL TRADERS-LESS SHORT, INVESTORS-LESS LONG
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: NARROW DOWN, OPEN INTEREST UP/FLAT  VOLUME FLAT
TRADING: MOVE DOWN/MORE, NET SELLING, INSIDE TREND-SUPPORT@7650-FLAT LOWS   
TARGETS: 8090-7871-7783-7707-7650-7579-7477                                           
NET COMMITMENTS: USERS MORE LONG, INVESTORS/SMALL TRADERS MORE SHORT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: 1ST OVERSOLD/MODERATE DOWN, OPEN INTEREST UP/FLAT, VOLUME DOWN
TRADING: MOVE UP/LESS, MATCHED SELLING, RESISTANCE@TREND LOW-HIGHER LOWS 
TARGETS: 206-194-189-185-178-172-164                                                         OVERSOLD
NET COMMITMENTS: USERS MORE SHORT,  INVESTORS/SMALL TRADERS-MORE LONG

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