Tuesday, January 05, 2016

Farm Commodity Settlements/CME, JANUARY 5/2016 TUESDAY
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: FLAT DECELERATED MATCHED SELLING RESISTANCE@TREND PREVAILED 
TARGETS: 400  372  (361-351)  335  322/NEW            CLOSED BELOW TREND ABOVE 351
NET POSITIONS:: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP  VOLUME DOWN WORLD STOCKS FLAT
TRADING: FLAT DECELERATED MATCHED SELLING RESISTANCE@TREND PREVAILED       
TARGETS: 920  890  878  (868-850)  836/NEW            CLOSED BELOW TREND ABOVE 850   
NET POSITIONS: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UPX  VOLUME DOWN  W/STOCKS UP    
TRADING FLAT DECELERATED MATCHED SELLING BELOW REVISED TREND    
TARGETS: 531  503  496  482  (466-453)/NEW             RESISTANCE BELOW366 PREVAILED      
NET POSITIONS: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/MORE  OPEN INTEREST UP/LESS  VOLUME DOWN/LESS
TRADING: DOWN ACCELERATING NET SELLING SUPPORT@TREND FAILED CLOSED BELOW   
TARGETS:  7780  7573  7490  7418  7297  (7200-7056)    BROKE SUPPORT@PREVIOUS BOTTOM     
NET POSITIONS: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN  OPEN INTEREST DOWN  VOLUME DOWN/LESS
TRADING: FLAT DECELERATED MATCHED SELLING ABOVE TREND MET RESISTANCE@115 
TARGETS: 174  153  145  137  125  (115-100)       PREMIUM MARKET     FLAT LOWS 
NET POSITIONS: HEDGER:LESS LONG,  INVESTOR: LESS SHORT = LESS VOLATILE
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