Monday, January 04, 2016

Farm Commodity Settlements/CME, JANUARY 4/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING STRENGTH OF TRADING
TRENDS: LINES OF PROTRUDING ASCENDING LOWS, OF EXCESSIVE DESCENDING HIGH
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 UP  VOLUME DOWN/LESS  WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED SELLING SUPPORT@TREND TESTED+CLOSED BELOW@351 
TARGETS: 400  372  (361-351)  335  322/NEW     PREMIUM MARKET  LOWER HIGHS
POSITIONS:: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=LESS FORCE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE DOWN/MORE  OPEN INTEREST DOWN  VOLUME DOWN WORLD STOCKS FLAT
TRADING: DOWN ACCELERATED NET SELLING SUPPORT@HIGHER LOWS TESTED+CLOSED ABOVE 850       
TARGETS: 920  890  878  (868-850)  836/NEW        PREMIUM MARKET  LOWER HIGHS       
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=MORE FORCE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN  OPEN INTEREST DOWN/LESS  VOLUME DOWN  W/STOCKS UP    
TRADING DOWN ACCELERATED SELLING SUPPORT@466 TESTED+CLOSED BELOW@TREND    
TARGETS: 531  503  496  (482-466-453)/NEW       PREMIUM MARKET  LOWER HIGHS         
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR ACCUMULATED SHORT=MORE FORCE 
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOW/MOREN  OPEN INTEREST UP/LESS  VOLUME DOWN/LESS
TRADING: DOWN ACCELERATED NET SELLING SUPPORT@TREND CLOSED BELOW@7200@LAST LOW   
TARGETS:  7780  7573  7490  7418  (7297-7200-7056)     FLAT LOWS/FLAT HIGHS
POSITIONS: HEDGER ACCUMULATED LONG, INVESTOR ACCUMULATED SHORT=MORE FORCE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN  OPEN INTEREST DOWN/LESS  VOLUME DOWN/LESS
TRADING: UP' ACCELERATED MATCHED SELLING ABOVE TREND MET RESISTANCE@115 
TARGETS: 174  153  145  137  (125-115-100)       PREMIUM MARKET     FLAT LOWS 
POSITIONS: HEDGER ACCUMULATED LONG,  INVESTOR LIQUIDATED LONG=FLAT FORCE

No comments:

Google+