Thursday, March 31, 2016

Farm Commodity Settlements/CME, MARCH 31/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+VERY HIGH VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+MORE+SUSPECT SELLING SHORT+SUPPORT@/CLOSED ABOVE 348 YEARLY LOW  
TARGETS: (348-358-366)  371  383  395  PREMIUM MARKET  LOWER HIGH  LOWER CLOSE       
POSITIONS: USER (LONG)-SOLD NET SHORT,  FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+HIGH VOLUME+W/STOCKS-DOWN 
TRADING: DOWN+MORE+MATCHED NET BUYING+SUPPORT MET@896+CLOSED ABOVE TREND  
TARGETS: 852  871  885  (896-918)  941 PREMIUM MARKET   LOWER HIGH  HIGHER CLOSE  
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP (MODERATE)+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS UP    
TRADING: DOWN+MORE+NET BUYING+RESISTANCE@468 TESTED+CLOSED ABOVE 468+TREND 
TARGETS: (442-468-488)  503  533  562    PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE     
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (LESS)+MODERATE VOLUME
TRADING: UP+MORE+MATCHED NET SELLING+RESISTANCE@YEARLY HIGH OF 7791+CLOSED ABOVE 7650    
TARGETS:  6810  7170  7440  (7650-8010)  8490   HIGHER LOW  LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT+NET BUYING+RESISTANCE@TREND+SUPPORT@116
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  LOWER HIGH  HIGHER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE

Tuesday, March 29, 2016

Farm Commodity Settlements/CME, MARCH 29/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP (GRADUAL)+OPEN INTEREST FLAT+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+FLAT VOLATILITY+NET BUYING+RESISTANCE TESTED+CLOSED+ABOVE TREND/371  
TARGETS: 348  358  (366-371)  383  395  PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE       
POSITIONS: USER (LONG)-SOLD NET SHORT,  FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (GRADUAL)+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: UP (MORE)+MORE VOLATILITY+BUYING+RESISTANCE MET @ 918 + ABOVE TREND  
TARGETS: 852  871  885  (896-918)  941 PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE  
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP (MODERATE)+OPEN INTEREST UP (LESS)+LOW VOLUME+WORLD STOCKS UP    
TRADING: UP+LESS VOLATILITY+BUYING+RESISTANCE @ HIGHS BELOW 488 ABOVE TREND 
TARGETS: 442  (468-488)  503  533  562    PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE     
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: UP (STEEP)+ OPEN INTEREST DOWN (FLAT)+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+RESISTANCE MET/CLOSED @ 7650+TESTED @ TREND    
TARGETS:  6810  7170  (7440-7650)  8010  8490   HIGHER LOW  HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (MODERATE)+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+FLAT VOLATILITY+NET SELLING+SUPPORT TESTED/CLOSED BELOW TREND@116 
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  LOWER HIGH  LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE

Monday, March 28, 2016

Farm Commodity Settlements/CME, MARCH 28/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN (LESS)+MODERATE VOLUME+W/STOCKS DOWN
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED TREND RESISTANCE/CLOSED @ TREND  
TARGETS: 348  358  (366-371)  383  395  PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE BELOW 371      
POSITIONS: USER (LONG)-SOLD NET SHORT,  FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: UP+LESS VOLATILITY+NET SELLNG+ABOVE TREND+TESTED LAST HIGHS RESISTANCE  
TARGETS: 852  871  885  (896-918)  941 PREMIUM MARKET  HIGHER LOW  LOWER CLOSE  
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME+WORLD STOCKS UP    
TRADING: UP+MORE VOLATILITY+NET BUYING+TESTED/CLOSED ABOVE TREND ABOVE 468  
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE     
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: UP (LESS)+2ND REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: UP+MORE VOLATILITY+BUYING+TESTED CLOSED @ TREND AS RESISTANCE INSIDE 7440-7650      
TARGETS:  6810  7170  (7440-7650)  8010  8490   HIGHER LOW  HIGHER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: FLAT+MORE VOLATILITY+NET SELLING+ON/CLOSED ABOVE TREND/116 AS SUPPORT+  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  FLAT HIGH  LOWER CLOSE
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE

Thursday, March 24, 2016

Farm Commodity Settlements/CME, MARCH 24/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO: DIRECTION, VOLATILITY, ACTIVITY, TRENDS, TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS DOWN
TRADING: FLAT+LESS VOLATILITY+NET BUYING+RESISTANCE/CLOSED @ TREND+BELOW 371  
TARGETS: 348  358  (366-371)  383  395      RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE      
POSITIONS: USER (LONG)-SOLD NET SHORT,  FUND (SHORT)-COVERED SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP (LESS)-2ND REVISED+OPEN INTEREST-UP (LESS)+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: FLAT+LESS VOLATILITY+NET BUYING+ABOVE TREND+RESISTANCE @ PREVIOUS HIGHS  
TARGETS: 852  871  885  (896-918)  941 PREMIUM MARKET  LOWER HIGH  HIGHER CLOSE  
POSITIONS: USER (NOW SHORT)-SOLD SHORT, FUND (LONG)-BOUGHT NET LONG = MORE VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP    
TRADING: DOWN+FLAT VOLATILITY+MATCHED BUYING+TESTED/CLOSED ABOVE TREND BELOW 468  
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  LOWER HIGH  FLAT CLOSE     
POSITIONS: USER (LONG)-BOUGHT NET LONG, FUND (SHORT)-SOLD NET SHORT = MORE VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN (LESS)+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+LEVEL-NEXT LOW IMPORTANT TO DIRECTION       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   LOWER HIGH  LOWER CLOSE
POSITIONS:: USER (LONG)-SOLD NET LONG, FUND (SHORT)-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP (LESS)-1ST REVISED+OPEN INTEREST UP (LESS)+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+CLOSED BELOW 126  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  LOWER HIGH  LOWER CLOSE OVERBOUGHT
POSITIONS:USER (SHORT)-SOLD NET SHORT, FUND (SHORT) COVERED NET SHORT = LESS VOLATILE

Wednesday, March 23, 2016

Farm Commodity Settlements/CME, MARCH 23/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN/MORE+LOW VOLUME+W/STOCKS DOWN
TRADING: DOWN+VOLATILITY UP+BUYING+BELOW TREND/371+TESTED/CLOSED ABOVE 366  
TARGETS: 348  358  (366-371)  383  395      RESISTANCE @ 371 RELATIVELY LOW FOR A MINOR MOVE      
POSITIONS: USER/LONG-SOLD NET SHORT,  FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: FLAT VOLATILITY DOWN+NET SELLING+ABOVE TREND+RESISTANCE BELOW 918  
TARGETS: 852  871  885  (896-918)  941 PREMIUM MARKET  LOWER CLOSE  
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP    
TRADING: DOWN+VOLATILITY DOWN+SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468   
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  LOWER HIGH  LOWER CLOSE     
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+TESTED/CLOSED BELOW SUPPORT @ PREVIOUS HIGH       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   LOWER HIGH  LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+HIGH VOLUME
TRADING: DOWN+VOLATILITY UP+SELLING+ABOVE TREND+CLOSED BELOW RESISTANCE@126  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  LOWER HIGH  LOWER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE

Tuesday, March 22, 2016

Farm Commodity Settlements/CME, MARCH 22/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: UP+VOLATILITY DOWN+NET BUYING+ON TREND AS SUPPORT+CLOSED BELOW 371  
TARGETS: 348  358  (366-371)  383  395      PREMIUM MARKET  TESTING HIGH IN CONSOLIDATION      
POSITIONS: USER/LONG-SOLD NET SHORT,  FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/LESS+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: UP VOLATILITY UP+NET BUYING+ABOVE TREND+BREAKOUT ABOVE 896 CONFIRMED 
TARGETS: 852  871  885  (896-918)  941    PREMIUM MARKET  HIGHER LOW   HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST UP+LOW VOLUME+WORLD STOCKS UP    
TRADING: DOWN+VOLATILITY DOWN+MATCHED OFFSET+ABOVE TREND+TESTED/CLOSED BELOW 468   
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  LOWER HIGH  FLAT CLOSE     
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN/LESS+LOW VOLUME
TRADING: DOWN+VOLATILITY DOWN+NET BUYING+LOOKING FOR CLEAR BREAKOUT CHANGING DIRECTION       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   LOWER HIGH  HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP/MORE+MODERATE VOLUME
TRADING: UP+VOLATILITY DOWN+NET BUYING+ABOVE TREND+CLOSED BELOW RESISTANCE@126  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE

Monday, March 21, 2016

Farm Commodity Settlements/CME, MARCH 21/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST DOWN+MODERATE VOLUME+WORLD STOCKS DOWN
TRADING: FLAT+MORE VOLATILITY+BUYING+TESTED/CLOSED ABOVE TREND+CLOSED BELOW 371  
TARGETS: 348  358  (366-371)  383  395      PREMIUM MARKET  TESTING HIGH IN CONSOLIDATION      
POSITIONS: USER/LONG-SOLD NET SHORT,  FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/LESS-2ND REVISED+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: FLAT+MORE VOLATILITY+NET BUYING+ABOVE TREND+TESTED/CLOSED ABOVE 896
TARGETS: 852  871  885  (896-918)  941    PREMIUM MARKET  FLAT HKIGHS  HIGHER CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/LESS-1ST REVISED+OPEN INTEREST DOWN/LESS+MODERATE VOLUME+W/STOCKS UP    
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 468   
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  HIGHER LOW HIGHER CLOSE     
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: DOWN/LESS+3RD REVISED+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   LOWER HIGH  LOWER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP/LESS-1ST REVISED+OPEN INTEREST UP+MODERATE VOLUME
TRADING: DOWN+LESS VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  LOWER HIGH  CLOSE    OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE

Sunday, March 20, 2016

Farm Commodity Settlements/CME, MARCH 18/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO VOLATILITY TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST DOWN+LOW VOLUME+WORLD STOCKS DOWN
TRADING: DOWN+LOW VOLATILITY+SELLNG+TESTED/CLOSED BELOW 371/TREND RESISTANCE  
TARGETS: 348  358  (366-371)  383  395      PREMIUM MARKET   LOWER HIGH IN CONSOLIDATION      
POSITIONS: USER/LONG-SOLD NET SHORT,  FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP-2ND REVISED LESS+OPEN INTEREST-UP/MORE+MODERATE VOLUME+W/STOCKS-DOWN 
TRADING: FLAT+REDUCED VOLATILITY+MATCHED SELLING+ABOVE TREND @ 896 AS SUPPORT
TARGETS: 852  871  885  (896-918)  941    PREMIUM MARKET  HIGHER LOW  FLAT CLOSE
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/NOW LONG-BOUGHT NET LONG = LESS VOLATILE
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+LOW VOLUME+WORLD STOCKS UP    
TRADING: DOWN+LOW/REDUCED VOLATILITY+MATCHED BUYING+BELOW TREND+CLOSED BELOW 468   
TARGETS: (442 -468)  488  503  533  562    PREMIUM MARKET  LOWER HIGH  LOWER CLOSE    
POSITIONS: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: DOWN+3RD REVISED/LESS SO+ OPEN INTEREST DOWN+LOW VOLUME
TRADING: UP+REDUCED VOLATILITY+NET SELLING+ABOVE TREND+BELOW 7780+POTENTIAL TOP       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   HIGHER LOW  HIGHER CLOSE
POSITIONS:: USER/LONG-SOLD NET SHORT, FUND/SHORT-COVERED NET SHORT = LESS VOLATILE 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS SO+OPEN INTEREST UP+MODERATE VOLUME
TRADING: UP+MORE VOLATILITY+NET SELLING+ABOVE TREND+TESTED/CLOSED BELOW 126  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOWS  OVERBOUGHT
POSITIONS:USER/NOW SHORT-SOLD NET LONG, FUND/SHORT COVERED NET SHORT = LESS VOLATILE

Thursday, March 17, 2016

Farm Commodity Settlements/CME, MARCH 17/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO PACE SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: UP+INCREASING+SELLNG+MET RESISTANCE@371+TESTED/CLOSED@366 SUPPORT  
TARGETS: 348  358  (366-371)  383  395      PREMIUM MARKET  ON TREND AS SUPPORT      
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG,  FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME HIGH+WORLD STOCKS-DOWN 
TRADING: UP+INCREASING+NET BUYING+ABOVE TREND TESTED/COLSED@896
TARGETS: 852  871  (885-896)  918  941    PREMIUM MARKET  HIGHER LOW  HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/1ST REVISED LESS+OPEN INTEREST DOWN/LESS+VOLUME MODERATE+STOCKS UP    
TRADING: DOWN+INCREASED+NET SELLING+BELOW TREND+TESTED/CLOSED BELOW 468 AS SUPPORT   
TARGETS: 442  (468-488)  503  533  562    PREMIUM MARKET  LOWER HIGH  LOWER CLOSE    
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN+3RD REVISED/LESS+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+DECREASED+NET BUYING+ROLLING+COVERING FORMED A SUSPECTED SPIKE (TOP)       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   POINT OF MAJOR RESISTANCE 
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME HIGH
TRADING: UP+DECREASED+BUYING+ABOVE TREND+@116 AS SUPPORT+OVERBOUGHT  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOWS  HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT

Wednesday, March 16, 2016

Farm Commodity Settlements/CME, MARCH 16/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS DOWN
TRADING: FLAT DAY 3+DECREASING+BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT  
TARGETS: 348  (358-366-371)  383  395      PREMIUM MARKET  FLAT HIGHS  LOWER CLOSE      
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG,  FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-UP+VOLUME LOW+WORLD STOCKS-DOWN 
TRADING: DOWN+DECREASING+NET BUYING+TESTED/CLOSED ABOVE TREND AS SUPPORT
TARGETS: 852  871  (885-896)  918  941    PREMIUM MARKET  LOWER HIGH  HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP/1ST REVISED+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP    
TRADING: DOWN+INCREASED+SELLING+BELOW/CLOSED BELOW TREND+FORMING A NEW HIGH    
TARGETS: 442  (468-488)  503  533  562    PREMIUM MARKET  LOWER HIGH  LOWER CLOSE    
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST DOWN+VOLUME-MODERATE
TRADING: UP+INCREASED+NET BUYING+TRYING TO BREAKOUT+NEED HIGHER CLOSE CONFIRMATION       
TARGETS:  (7780-7477)  7356  7320  7250  7073  6932  6720   POINT OF MAJOR RESISTANCE 
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST DOWN+VOLUME MODERATE
TRADING: UP+INCREASED+BUYING+ABOVE TREND+@116+OVERBOUGHT  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOWS  HIGHER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT MPMPMPMMPMPMPMPCOVERED SHORT

Tuesday, March 15, 2016

Farm Commodity Settlements/CME, MARCH 15/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING NEED DURING TRADING
TRENDS: LINES THROUGH HIGHER LOWS (UPWARD),  LOWER HIGHS (DOWNWARD)
TRADING: DAILY MOVEMENT RELATIVE TO POWER SUPPLY-DEMAND TRENDS AND TARGETS
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN: 30 CENT DAILY LIMIT                                           
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST DOWN+VOLUME MODERATE+WORLD STOCKS FLAT
TRADING: FLAT+DECREASING+NET BUYING+ON/CLOSED ABOVE SUPPORT@TREND+366  
TARGETS: 348  (358-366-371)  383  395      PREMIUM MARKET  FLAT HIGHS  HIGHER CLOSE      
POSITIONS: NET SPREADS WIDENED, USER/LONG-BOUGHT LONG,  FUND/SHORT-SOLD SHORT
SOYBEANS: 70 CENT DAILY LIMIT
TRENDS: UP/MORE-2ND REVISED+OPEN INTEREST-FLAT+VOLUME MEDIUM+W/STOCKS-UP 
TRADING: DOWN+DECREASING+NET SELLING+RESISTANCE@896+SUPPORT@TREND
TARGETS: 852  871  (885-896)  918  941    PREMIUM MARKET  LOWER HIGH  LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
WHEAT: 40 CENT DAILY LIMIT                                                       
TRENDS: UP+OPEN INTEREST DOWN+VOLUME LOW+WORLD STOCKS UP    
TRADING: FLAT+DECREASING+NET BUYING+APPEARS MAKING A LONG TERM LOWER HIGH    
TARGETS: 442  (468-488)  503  533  562    PREMIUM MARKET  LOWER HIGH  HIGHER CLOSE    
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVERED SHORT
CANADIAN DOLLAR/USD: 4.00 DOLLAR DAILY LIMIT-   
TRENDS: PRICE DOWN/LESS 3RD REVISED+ OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: DOWN+INCREASED+SELLING+UNABLE BREAKOUT ABOVE RESISTANCE @7477       
TARGETS:  7780  (7477-7356)  7320  7250  7073  6932  6720   POINT OF MAJOR RESISTANCE 
POSITIONS:: NET SPREADS NARROWED, USER/LONG-SOLD SHORT, FUND/SHORT-COVER'D SHORT 
HEATING OIL (ULSD): 25 CENT DAILY LIMIT
TRENDS: PRICE UP-1ST REVISED LESS+OPEN INTEREST UP/LESS+VOLUME LOW
TRADING: UP+INCREASED+NET SELLING+ABOVE TREND+@116+OVERBOUGHT  
TARGETS: 86  103  (116-126)  145  165   PREMIUM MARKET  HIGHER LOWS  LOWER CLOSE
POSITIONS: NET SPREADS NARROWED, USER/LONG-SOLD LONG, FUND/SHORT COVERED SHORT
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