Wednesday, December 09, 2015

Farm Commodity Settlements/CME, December 9/2015 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING RELATIVE STRENGTH TRADE
TRENDS:  UP/LINES ACROSS ASCENDING LOWS, DOWN/LINES ACROSS 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 UP-GRADUAL  OPEN INTEREST DOWN/LESS  VOLUME UP  WORLD STOCKS FLAT
TRADING: FLAT DECELERATED OFFSET SELLING CLOSED@374 ABOVE SUPPORT@TREND
TARGETS: 360  368  (373-378)  386  395                       PREMIUM MARKET     HIGHER LOW
POSITIONS:: HEDGER LESS NET LONG INVESTOR LESS NET SHORT=LESS VOLATILITY
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP /LESS  OPEN INTEREST FLAT  VOLUME UDOWN WORLD /STOCKS FLAT
TRADING: LOWER DECELERATING MATCHED TREND REVISED CORRECTION SLOWED SUPPORT@865   
TARGETS: 850  865  (876-885)  902  928                     PREMIUM MARKET     LOWER LOW  
POSITIONS: HEDGERS LESS NET LONG  INVESTORS LESS NET SHORT=LESS VOLATILITY
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE UP /STRONG OPEN INTEREST FLAT  VOLUME FLAT  W/STOCKS UP/MODERATE    
TRADING HIGHER ACCELERATED BUYING UNLIKELY MAINTAIN TREND RESISTANCE@492 WEAK MOVE    
TARGETS: 531  503  (492-482)  466  453                 PREMIUM MARKET        LOWER HIGHS
POSITIONS: HEDGERS MORE NET LONG  INVESTORS MORE NET SHORT=MORE VOLATILITY  
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME UP
TRADING: FLAT DECELERATING SELLING ROLLING FLAT TO CDH WELL BELOW TREND OVERSOLD  
TARGETS:  7780  7573  7490  (7418-7297)  7200              FLAT CLOSES FLAT LOWS
POSITIONS: HEDGERS FLAT NET LONG  INVESTORS FLAT NET SHORT=FLAT VOLATILITY
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP  VOLUME UP
TRADING: LOWER DECELERATING NET SELLING TESTING SUPPORT@BOTH 125+TREND 
TARGETS: 174  153  145  (137-125)  115                       PREMIUM MARKET     LOWER  HIGHS      
POSITIONS: HEDGERS LESS NET LONG  INVESTORS LESS NET SHORT=LESS VOLATILITY
Post a Comment
Google+