Farm Commodity Settlements/CME, November17/2015 Tuesday
MARKETS: PRICE SUPPLY/DEMAND RESULT OF BUYING AND SELLING DURING TRADING
TRENDS: WEEKLY LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS GIVING DIRECTION
TRADING: DAILY PRICING ACTIVITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN WORLD (CHINA) STOCKS UP
TRADING: UP NET BUYING STRENGTH IN BALANCE CONSOLIDATING@361 AS RESISTANCE
TARGETS: 400 372 (361 351) 335 322 HIGHER LOW
POSITIONS:: USER NET LESS SHORT NON USER NET LESS LONG=LESS RELATIVE STRENGTH
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN-LOW WORLD STOCKS DOWN
TRADING: UP BUYING LESS STRENGTH-THROUGH MINOR TREND RESISTANCE+CLOSED BELOW 868
TARGETS: 920 890 878 (868 850) 836 HIGHER LOW
POSITIONS: USER NOW NET LONG NON USER NOW NET SHORT=MORE RELATIVE STRENGTH
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP-LESS OPEN INTEREST FLAT-UP VOLUME DOWN WORLD STOCKS FLAT
TRADING: DOWN SELLING MORE STRENGTH THROUGH TREND TO SUPPORT ABOVE 480+@OLD LOW
TARGETS: (480 499) 513 524 546 569 LOWER HIGHS
POSITIONS: USER MORE NET LONG NON USER MORE NET SHORT=FLAT RELATIVE STRENGTH
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE DOWN OPEN INTEREST UP VOLUME DOWN
TRADING: FLAT NET BUYING TEST OF+CLOSED ABOVE TREND RESISTANCE ABOVE SUPPORT@7490
TARGETS: 7780 (7573 7490) 7418 7297 7200 LOWER HIGHS
POSITIONS: USER MORE NET LONG NON USER LESS NET SHORT=FLAT RELATIVE STRENGTH
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE FLAT OPEN INTEREST UP VOLUME DOWN
TRADING: UP SELLING LESS STRENGTH+DOUBLE RESISTANCE@TREND+@139
TARGETS: 174 159 153 148 (139 132) HIGHER LOW
POSITIONS: USER MORE NET LONG NON USER LESS NET SHORT=FLAT RELATIVE STRENGTH
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