Tuesday, December 29, 2015

Farm Commodity Settlements/CME, DECEMBER 29/2015 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH OF TRADING
TRENDS: LINES OF PROTRUDING ASCENDING LOWS, OF EXCESSIVE DESCENDING HIGHS
TRADING: DAILY MOVE VOLATILITY ACTIVITY RELATIVE TO TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: PRICE DOWN  OPEN INTEREST DOWN/LESS  VOLUME DOWN  WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED NET BUYING UP EX TREND SUPPORT/CLOSED ABOVE 360 
TARGETS: (360-368)  373  378  386  395     OFTEN THIS WEEK IS TREND SETTING SUBTLY
POSITIONS:: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=LESS FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP/SLOW  OPEN INTEREST DOWN/MORE  VOLUME DOWN/LESS W/STOCKS FLAT
TRADING: FLAT DECELERATING BUYING ABOVE TREND TESTED/CLOSED ABOVE 865 HIGHER LOW     
TARGETS: 850  (865-873)  885  902  928                         POTENTIAL TREND SETTING WEEK       
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=MORE FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN/LESS  OPEN INTEREST DOWN/LESS  VOLUME DOWN/LESS W/STOCKS UP    
TRADING UP ACCELERATING BUYING EX SUPPORT@TREND@465 BOTTOM TO NEXT TREND REVISED    
TARGETS: (465-493)  514  530  563  596                      POTENTIAL TREND SETTING WEEK         
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=MORE FORCE 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/LESS  OPEN INTEREST UP /MORE VOLUME DOWN/LESS
TRADING: FLAT ACCELERATED NET BUYING TESTED RESISTANCE/CLOSED@TREND+ABOVE 7200   
TARGETS:  7780  7573  7490  7418  (7297-7200-7056)     ROUNDING TOP  QUIET HOLIDAY MARKET
POSITIONS: HEDGER ACCUMULATED LONG, INVESTOR ACCUMULATED SHORT=MORE FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN  OPEN INTEREST DOWN/MORE  VOLUME DOWN/LESS
TRADING: UP ACCELERATED BUYING TESTED RESISTANCE@CLOSED ABOVE TREND/+115
TARGETS: 174  153  145  137  (125-115-100)       PREMIUM MARKET  QUIET HOLIDAY MARKET     
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=FLAT FORCE

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