Friday, August 07, 2015

FARM COMMODITY SETTLEMENTS-CME, AUGUST 7/2015 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS-LONGER TERM
TRADING: DAILY DIRECTION+ACTIVITY+PREVAILING STRENGTH,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF DAILY MOVES, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TRENDS: PRICES FLAT, OPEN INTEREST UP, VOLUME DOWN/LESS, WORLD STOCKS DOWN
TRADING: FLAT/NET BUYING, HIGHER LOWS, STRONG TEST OF RESISTANCE@381      
TARGETS: 443-421-412-404-392-381                                          LESS BEARISH  
NET COMMITMENTS: USERS: LESS LONG = FUNDS+OTHERS: LESS SHORT
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICES UP,  OPEN INTEREST DOWN, VOLUME UP, WORLD STOCKS FLAT
TRADING: UP/BUYING, HIGHER LOWS, GOOD TEST OF RESISTANCE@957 
TARGETS: 931 957 976 990 1019                                                 FRIENDLY   
NET COMMITMENTS: USERS LESS SHORT = FUNDS LESS LONG+OTHERS MORE SHORT
WHEAT: 40 CENT DAILY LIMIT                  
TRENDS: PRICES DOWN, OPEN INTEREST UP, VOLUME UP, WORLD STOCKS UP 
TRADING: FLAT/NET BUYING, HIGHER LOWS, FULL TEST OF RESISTANCE@TREND+511
TARGETS: 618-572-554-538-511-489                                             LESS BEARISH
NET COMMITMENTS: USERS: NET LONG = FUNDS: NET SHORT+ OTHERS: MORE SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICES DOWN, OPEN INTEREST UP/MORE, VOLUME UP
TRADING: UP/NET SELLING, HIGHER LOWS, TESTING RESISTANCE@TREND AND 7650
TARGETS: 8090-7871-7783-7707-7650-7579-7477                          LESS BEARISH      
NET COMMITMENTS: USERS-MORE LONG =  FUNDS+OTHERS-MORE SHORT, 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICES DOWN, OPEN INTEREST UP/MORE, VOLUME UP
TRADING: UP/NET SELLING,-BELOW TREND, HIGHER LOW 
TARGETS: 307-250-227-207-174-147                                              LESS BEARISH
NET COMMITMENTS: USERS: LESS SHORT+OHERS: MORE LONG =  FUNDS:-LESS LONG

No comments:

Google+