Farm Commodity Settlements/CME, November 4/2015 Wednesday
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADING
TRENDS: LINES JOINING HIGHS WITH HIGHS+LOWS WITH LOWS = DIRECTION
TRADING: DAILY DIRECTION-ACTIVITY-MOMENTUM-PREVAILING STRENGTH/S,
TARGETS: PROJECTED: PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST DOWN VOLUME UP WORLD STOCKS DOWN
TRADING: UP MATCHED DECELERATED TESTED TREND+MET 384 AS RESISTANCE+CLOSE@TREND
TARGETS: (353 384) 407 425 461 497 MONTHLY HIGH-LOW PRICE RANGE (353-407)
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT=NEAR FLAT MOMENTUM
SOYBEANS: 70 CENT DAILY TRADING LIMIT
TRENDS: PRICE UP -WEAK OPEN INTEREST FLAT VOLUME DOWN WORLD STOCKS UP
TRADING: FLAT NET BUYING DECELERATED MET TREND+890 AS RESISTANCE CLOSE BELOW BOTH
TARGETS: (855 890) 916 937 978 1016 MONTHLY HIGH-LOW PRICE RANGE (855-916)
NET TRADING: USER COVERED SHORT NON USER SOLD LONG= LESS MOMENTUM
WHEAT: 40 CENT DAILY LIMIT
TRENDS: PRICE UP OPEN INTEREST-UP VOLUME UP WORLD STOCKS UP
TRADING: UP NET BUYING ACCELERATED MET RESISTANCE@1ST REVISED TREND UP+@532
TARGETS: 464 503 (513 532) 555 600 646 MONTHLY HIGH-LOW PRICE RANGE (464-532)
NET TRADING: USER COVERED SHORT NON USER SOLD LONG=LESS MOMENTUM
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-
TRENDS: PRICE UP-LESS=2ND REVISED DOWN OPEN INTEREST UP VOLUME UP
TRADING: DOWN NET SELLING ACCELERATED MET CLOSED BELOW RESISTANCE@7668
TARGETS: (7527 7668) 7774 7856 8020 8185 HIGHER LOWS OVERBOUGHT
NET TRADING: USER SOLD SHORT NON USER COVERED SHORT=LESS MOMENTUM
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-MORE-@2ND REVISED OPEN INTEREST DOWN VOLUME UP
TRADING: FLAT SELLNG ACCELERATED TESTED CLOSE BELOW TREND+156 RESISTANCE
TARGETS: 144 (156 165) 172 186 200 PREMIUM MARKET HIGHER LOWS -
NET TRADING: USER COVERED SHORT NON USER SOLD SHORT=FLAT MOMENTUM
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