Wednesday, September 30, 2015

Farm Commodity Settlements/CME, September 30/2015 Wednesday
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+MOVE/FLAT+OPEN INTEREST/UP+VOLUME/UP+WORLD STOCKS/DOWN
TRADING: FLAT//EVEN OFFSET/ACCELERATED/NO SIGNIFICANT BREAKOUT@CONVERGENCE  
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+MOVE/UP+OPEN INTEREST/FLAT+VOLUME/UP+WORLD STOCKS/DOWN
TRADING: UP/NET BUYING/ACCELERATED/RESISTANCE@890 TESTED/SELLING ABOVE PROJECTS FLAT
TARGETS: 855/890/916/937/978/1016                                         HIGHER LOWS
NET COMMITMENTS: USER/NOW LONG,  NON USER/LESS LONG = LESS FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TREND: PRICE/UP+MOVE/UP+OPEN INTEREST/DOWN+VOLUME/UP+WORLD STOCKS/UP    
TRADING: UP/BUYING/ACCELERATED/RESISTANCE@511TESTED/CLOSED ABOVE/PROJECTED FLAT                                    
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+MOVE/UP+OPEN INTEREST/FLAT+VOLUME/FLAT= BEARISH
TRADING: UP/NET BUYING/ACCELERATED/RESISTANCE@7477 TESTED/CLOSED ABOVE
TARGETS: 8366/7957/7793/7650/7412/7221                               LOWER HIGHS   
NET COMMITMENTS: USER-LESS LONG = NON USER/LESS SHORT = LESS FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TREND: PRICE/DOWN+MOVE/DOWN+OPEN INTEREST/DOWN+VOLUME/FLAT= BEARISH
TRADING: UP/NET BUYING/DECELERATED/RESISTANCE@PREVIOUS HIGHS/PROJECTS FLAT
TARGETS: 307/250/227/207/174/147                                           LOWER HIGHS/HIGHER LOWS
NET COMMITMENTS: USER/MORE  LONG = NON USER/MORE SHORT = MORE FORCE
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