Tuesday, September 29, 2015

Farm Commodity Settlements/CME, September 28/2015 Monday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS:  LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION/ACTIVITY/PREVAILING STRENGTH/S,  
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT    
TREND: PRICE/DOWN+OPEN INTEREST/UP+VOLUME/UP+WORLD STOCKS/DOWN=LESS BEARISH
TRADING: UP/NET SELLING/NARROW/MOVE+TREND CONVERGING/LOWS MAY PREVAIL  
TARGETS: 443/421/412/414/392/381/356/334                           HIGHER LOWS               
NET COMMITMENTS: USER/MORE SHORT, NON USER/FLAT LONG = LESS FORCE 
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TREND: PRICE/FLAT+OPEN INTEREST/UP+VOLUME/UP+WORLD STOCKS/DOWN=BEARISH
TRADING: UP/SELLING/DECELERATION/TESTED/CLOSED BELOW TREND OF LOWER HIGHS
TARGETS: 855/890/916/937/978/10161                                                HIGHER LOW
NET COMMITMENTS: USER/NOW LONG,  NON USER/LESS LONG = LESS FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TREND: PRICE/UP+OPEN INTEREST/FLAT+VOLUME/UP+WORLD STOCKS/UP=LESS BULLISH    
TRADING: UP/NET SELLING/DECELERATED/RESISTANCE@511 TOO STRONG TO BREAKTHROUGH                                    
TARGETS: 618/572/554/538/511/489/437                                     HIGHER LOWS
NET COMMITMENTS: USER/LESS LONG, NON USER/LESS SHORT = LESS FORCE- 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN = BEARISH
TRADING: DOWN/NET SELLING/ACCELERATED/RESISTANCE STRONG/SUPPORT WEAK
TARGETS: 8090/7871/7783/7707/7650/7579/7477                       LOWER HIGHS   
NET COMMITMENTS: USER-LESS LONG = NON USER/LESS SHORT = LESS FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+OPEN INTEREST/DOWN+VOLUME/DOWN= BEARISH
TRADING: DOWN/SELLING/ACCELERATED/SUPPORT@147/MOVE MORE STEEP
TARGETS: 307/250/227/207/174/147                                           LOWER HIGHS
NET COMMITMENTS: USER/MORE  LONG = NON USER/MORE SHORT = MORE FORCE
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