Tuesday, January 12, 2016

Farm Commodity Settlements/CME, JANUARY 12/2016 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 UP/MORE  VOLUME DOWN/LESS  WORLD STOCKS DOWN
TRADING: UP ACTIVE NET BUYING@TREND BROKE/CLOSED BELOW 361 RESISTANCE  
TARGETS: 400  372  (361-351)  335  322/NEW      PREMIUM MARKET  FLAT LOWS
NET POSITIONS:: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
SOYBEANS: 70 CENT DAILY TRADING LIMIT     
TRENDS: PRICE UP/NEW  OPEN INTEREST UP/LESS  VOLUME DOWN/LESS  W/STOCKS DOWN
TRADING: UP ACTIVE NET BUYING RESISTANCE BROKEN@TREND+@878 CLOSED@TREND      
TARGETS: (852  871  885)  896 918  941/NEW       PREMIUM MARKET  HIGHER LOWS   
NET POSITIONS: HEDGER: MORE LONG, INVESTOR: MORE SHORT = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: PRICE DOWN  OPEN INTEREST UP  VOLUME DOWN/LESS  WORLD STOCKS UP    
TRADING FLAT ACTIVE NET BUYING RESISTANCE@TREND/482 CLOSED@482     
TARGETS: 531  503  496  (482-466-453)/NEW       PREMIUM MAKET  HIGHER LOW      
NET POSITIONS: HEDGER: MORE LONG,  INVESTOR: MORE SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/MORE  OPEN INTEREST DOWN/LESS  VOLUME FLAT
TRADING:DOWN DECELERATED NET SELLING BELOW TREND BREAKOUT BELOW 7073   
TARGETS:  7780  7477  7356  7250  (7073-6932)/NEW   PREMIUM MARKET  LOWER HIGHS     
NET POSITIONS: HEDGER: LESS LONG,  INVESTOR: LESS SHORT = MET VOLATILE LIMIT
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE DOWN/.MORE  OPEN INTEREST DOWN  VOLUME UP/NEW
TRADING: DOWN LESS ACTIVE NET SELLING RESISTANCE@TREND CLOSED BELOW 100  
TARGETS: 174  153  145  137  125  (115-100)       PREMIUM MARKET    LOWER HIGHS 
NET POSITIONS: HEDGER:LESS LONG,  INVESTOR: LESS SHORT = NEUTRAL VOLATILITY
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