Thursday, June 30, 2016

Commodity Settlements/CME, JUNE 30/2016 THURSDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT            TEST OF BOTTOM@370-LOOKS BEARISH
TREND DOWN, TARGETS 424-418-407-399-386-370. COMMITMENTS-LOST MOMENTUM
TRADING: DOWN-GAINING MOMENTUM-SELLING-JUST ABOVE TREND-CLOSED BELOW 370
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968. COMMITMENTS-FLAT       
TRADING: UP-GAINED MOMENTUM-NET BUYING-A HIGH BELOW 1186 CONFIRMS TREND  
VOLUME UP/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391           COMMITMENTS-FLAT         
TRADING: DOWN-HOLDING MOMENTUM-MATCHED EVEN-@TREND-CLOSED BELOW 445
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-HIGHER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.   COMMITMENTS-LOST MOMENTUM   
TREND DOWN-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: UP-LOSING MOMENTUM-NET SELLING-BELOW TREND-LEG UP TO NEXT HIGH
VOLUME UP/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE 
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: FLAT-LOST MOMENTUM-SELLING-MET RESISTANCE@P/CLOSED BELOW TREND
VOLUME DOWN/OPEN INTEREST UP-LOWER HIGH-HIGHER CLOSE         

Wednesday, June 29, 2016

Commodity Settlements/CME, JUNE 29/2016 WEDNESDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT                                  TEST OF BOTTOM
TREND DOWN, TARGETS: 449-431-424-418-407-399-386. COMMITMENTS-LOST MOMENTUM
TRADING: DOWN-GAINING MOMENTUM-SELLING-ABOVE TREND-TESTED/CLOSED BELOW 386
VOLUME UP/OPEN INTEREST FLAT-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968. COMMITMENTS-FLAT       
TRADING: FLAT-LOSING MOMENTUM-NET SELLING-ABOVE TREND-CLOSED ABOVE 1108 SUPPORT 
VOLUME DOWN/OPEN INTEREST DOWN-HIGHER LOW-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391           COMMITMENTS-FLAT         
TRADING: DOWN-GAINING MOMENTUM-SELLING-@TREND AS RESISTANCE-CLOSEED BELOW 445
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.      COMMITMENTS-LOST MOMENTUM   
TREND DOWN-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: UP-LOST MOMENTUM-NET BUYING-BELOW TREND-BELOW RESISTANCE@7761
VOLUME FLAT/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE NEW LOW/NEW LEG
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT        NEXT-TEST OF TOP      
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: UP-GAINED MOMENTUM-BUYING-TESTED RESISTANCE/CLOSED ABOVE TREND
VOLUME UP/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE         

Tuesday, June 28, 2016

Commodity Settlements/CME, JUNE 28/2016 TUESDAY


MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    
TREND DOWN, TARGETS: 449-431-424-418-407-399-386. COMMITMENTS-LOST MOMENTUM
TRADING: FLAT-GAINED MOMENTUM-MATCHED SELLING-OFF TREND-MET RESISTANCE@407
VOLUME FLAT/OPEN INTEREST UP-LOWER LOW- FLAT CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968. COMMITMENTS-FLAT       
TRADING: UP-GAINING MOMENTUM-NET BUYING-OFF TREND-TESTED/CLOSED ABOVE 1108 
VOLUME FLAT/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391           COMMITMENTS-FLAT         
TRADING: UP-LOSING MOMENTUM-MATCHED SELLING-TREND RESISTANCE-CLOSEED BELOW 463
VOLUME FLAT/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.      COMMITMENTS-LOST MOMENTUM   
TREND DOWN-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-MET SUPPORT@PREVIOUS LOW ABOVE 7658
VOLUME DOWN/OPEN INTEREST DOWN-LOWER CLOSE
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/LESS-REVISED, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: FLAT-LOST MOMENTUM-BUYING-BELOW TREND-RESISTANCE@YESDERDAYS HIGH
VOLUME FLAT/OPEN INTEREST UP-FLAT HIGH-HIGHER LOW-HIGHER CLOSE     

Monday, June 27, 2016

Commodity Settlements/CME, JUNE 27/2016 MONDAY


MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    
TREND DOWN, TARGETS: 449-431-424-418-407-399-386. COMMITMENTS-LOST MOMENTUM
TRADING: UP-LOSING MOMENTUM-MATCHED SELLING-TREND SUPPORT-407 AS RESISTANCE
VOLUME DOWN/OPEN INTEREST DOWN-HIGHER LOW- FLAT CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968. COMMITMENTS-FLAT       
TRADING: UP-GAINING MOMENTUM-NET BUYING-TREND SUPPORT-1108 AS RESISTANCE 
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391           COMMITMENTS-FLAT         
TRADING: UP-LOST MOMENTUM-NET SELLING-TREND AS RESISTANCEB-TESTED 463 SUPPORT
VOLUME DOWN/OPEN INTEREST-UP-HIGHER LOW-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.      COMMITMENTS-LOST MOMENTUM   
TREND DOWN-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: DOWN-LOST MOMENTUM-NET SELLING-BELOW TREND-TEST OF SUPPORT@7658
VOLUME DOWN/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/NEW, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DONW-LOST MOMENTUM-NET SELLING-BELOW TREND-SUPPORT AT 142
VOLUME DOWN/OPEN INTEREST FLAT-LOWER HIGH-LOWER CCCLOSE=REVERSAL     

Sunday, June 26, 2016

Commodity Settlements/CME, JUNE 24/2016 FRIDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    
TREND DOWN, TARGETS: 449-431-424-418-407-399-386. COMMITMENTS-LOST MOMENTUM
TRADING: DOWN-GAINED MOMENTUM-SELLING-TESTED/CLOSED ABOVE 386+@TREND
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                                            
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968. COMMITMENTS-FLAT       
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-TESTED/CLOSED BELOW TREND/1077 
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                 
TREND DOWN, TARGETS: 534-483-463-445-415-391           COMMITMENTS-FLAT         
TRADING: DOWN-GAINED MOMENTUM-MATCHED BUYING-BELOW TREND-@463 SUPPORT
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-FLAT CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DAILY LIIMIT.      COMMITMENTS-LOST MOMENTUM   
TREND DOWN-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-TEST OF SUPPORT@7658
VOLUME UP/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT              
TREND DOWN/NEW, TARGETS: 158-142-136-130-121-113, COMMITMENTS-FLAT                        
TRADING: DONW-LOST MOMENTUM-SELLING-RESISTANCE@TREND-SUPPORT ABOVE 142
VOLUME UP/OPEN INTEREST FLAT-HIGHER HIGH-LOWER LOW/CLOSE=REVERSAL     

Thursday, June 23, 2016

Commodity Settlements/CME, JUNE 23/2016 THURSDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    
TREND DOWN, TARGETS: 449-431-424-418-407-399-386.    OVERSOLD
TRADING: DOWN-LOSING MOMENTUM-SELLING-TESTED/CLOSED BELOW 399/TREND
VOLUME FLAT/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                            ON TREND-IN BALANCE                 
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968      
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-TESTED/CLOSED BELOW TREND/1108 
VOLUME UP/OPEN INTEREST UP-LOWER LOW-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                               OVERSOLD
TREND DOWN, TARGETS: 534-483-463-445-415-391         
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-MET SUPPORT@465-BELOW TREND
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT    STRONG RESISTANCE 
TREND DOWN/LESS-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: UP-GAINED MOMENTUM-SELLING-MET RESISTANCE@/CLOSED BELOW TREND
VOLUME UP/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT               AT NEW TREND
TREND DOWN/NEW, TARGETS: 158-142-136-130-121-113                       
TRADING: FLAT-LOST MOMENTUM-BUYING-MET RESISTANCE@TREND-BELOW 158
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE      

Wednesday, June 22, 2016

Commodity Settlements/CME, JUNE 22/2016 WEDNESDAY

MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    
TREND DOWN, TARGETS: 449-431-424-418-407-399-386.    OVERSOLD
TRADING: DOWN-LOST MOMENTUM-NET SELLING-TESTED/CLOSED BELOW 407/TREND
VOLUME DOWN/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-FREE W/STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT                   
TREND DOWN, TARGETS: 1186-1108-1077-1050-1004-968      
TRADING: DOWN-LOST MOMENTUM-NET BUYING-TESTED 1108 SUPPORT/CLOSED@TREND
VOLUME FLAT/OPEN INTEREST DOWN-LOWER HIGH-HIGHER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT                         
TREND DOWN, TARGETS: 534-483-463-445-415-391         
TRADING: DOWN-LOST MOMENTUM-NET SELLING-MET SUPPORT MID 483-463/BELOW TREND
VOLUME FLAT/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT 
TREND DOWN/LESS-3RD REVISED, TARGETS: 8018-7761-7658-7568-7418-7298,       
TRADING: FLAT-MOMENTUM FLAT-MATCHED SELLING-BELOW TREND AS RESISTANCE
VOLUME UP/OPEN INTEREST UP-LOWER LOW-HIGHER HIGH-HIGHER CLOSE
       
HEATING OIL (ULSD)AUG16 25 CENT DAILY LIMIT   
TREND UP/LESS-REVISED, TARGETS: 134-139-145-149-154.                        OVERSOLD
TRADING: UP-MOMENTUM FLAT-NET SELLING-MET RESISTANCE@154/BELOW TREND
VOLUME FLAT/OPEN INTEREST UP-HIGHER LOW-FLAT CLOSE      

Tuesday, June 21, 2016

Commodity Settlements/CME, JUNE 21/2016 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/DEC16: 25 CENT DAILY LIMIT    QUOTED AS 40 CENTS FOR TOMORROW'S TRADING
TREND DOWN/NEW, TARGETS: 424-418-407-399-386.  MAJOR CORRECTION  
TRADING: DOWN-GAINED MOMENTUM-SELLING-MET SUPPORT/CLOSED@407-BELOWTREND
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS DOWN

SOYBEANS/NOV16 65 CENT DAILY LIMIT          INCREASED MOMENTUM CONTINUES         
TREND DOWN/NEW, TARGETS: 1077-1050-1004-968      TEST OF TREND RESISTANCE
TRADING: DOWN-GAINED MOMENTUM-NET SELLING-MET SUPPORT@PREVIOUS LOW
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 35 CENT DAILY LIMIT              INCREASED MOMENTUM RETURNS           
TREND DOWN/NEW, TARGETS: 463-445-415-391         
TRADING: DOWN-GAINED MOMENTUM-SELLING-TREND AS RESISTANCE+LAST LOW AS SUPPORT
VOLUME UP/OPEN INTEREST-UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT 
TREND DOWN/LESS, TARGETS: 7867-7810-7745-7582,                  OVERSOLD 
TRADING: UP-LOST MOMENTUM-MATCHED SELLING-BELOW TREND AT 7810 AS RESISTANCE
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE
       
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   
TREND UP/LESS, TARGETS: 134-139-145-149-154.                        OVERSOLD
TRADING: FLAT-FLAT MOMENTUM-MATCHED BUYING-RESISTANCE HELD@149
VOLUME UP/OPEN INTEREST DOWN-FLAT LOW-LOWER CLOSE      

Monday, June 20, 2016

Commodity Settlements/CME, JUNE 20/2016 MONDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/SEPT16: 30 CENT DAILY LIMIT    TEST OF TOP OF MOVE
TREND UP, TARGETS: 375-384-403-422-437.    MAINTAINING TREND
TRADING: DOWN-ACCELERATION-SELLING-TEST OF/CLOSED@TREND AS SUPPORT
VOLUME UP/OPEN INTEREST UP-LOWER HIGH-LOWER CLOSE-FREE WORLD STOCKS DOWN

SOYBEANS/NOV16 70 CENT DAILY LIMIT          MAINTAINING TREND         
TREND UP, TARGETS: 960-998-1075-1108-1152  
TRADING: FLAT-LOST MOMENTUM-NET SELLING-TEST OF/CLOSED @ TREND-BELOW 1152
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 40 CENT DAILY LIMIT              MAINTAINING TREND           
TREND UP/LESS, TARGETS: 465-488-503-515.       
TRADING: FLAT-LOST MOMENTUM-SELLING-MET RESISTANCE AT TREND+CLOSED BELOW 488
VOLUME DOWN/OPEN INTEREST-FLAT-HIGHER LOW-LOWER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT 
TREND DOWN/LESS, TARGETS: 7867-7810-7745-7582,                  OVERSOLD 
TRADING: UP-LOST MOMENTUM-MATCHED SELLING-BELOW TREND AT 7810 AS RESISTANCE
VOLUME/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE
       
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   
TREND UP/LESS, TARGETS: 134-139-145-149-154.                        OVERSOLD
TRADING: UP-LOST MOMENTU8M-BUYING-TEST OF/CLOSED ABOVE RESISTANCE@149
VOLUME DOWN/OPEN INTEREST FLAT-HIGHER LOW-HIGHER CLOSE      

Saturday, June 18, 2016

Commodity Settlements/CME, JUNE 17/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/SEPT16: 30 CENT DAILY LIMIT    TEST OF TOP OF MOVE
TREND UP, TARGETS: 375-384-403-422-437.    MAINTAINING INCREASED MOMENTUM
TRADING: UP-ACCELERATING-BUYING-ABOVE TREND SUPPORT-TESTING 437 AS RESISTANCE 
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE-FREE WORLD STOCKS DOWN

SOYBEANS/NOV16 70 CENT DAILY LIMIT    IST LEG DOWN FROM NEW HIGH COMPLETE         
TREND UP, TARGETS: 960-998-1075-1108-1152  MAINTAINING INCREASED MOMENTUM
TRADING: UP-ACCELERATION-BUYING-THROUGH TREND-VALID RESISTANCE@1152
VOLUME DOWN/OPEN INTEREST UP-HIGHER LOW-HIGHER CLOSE-WORLD STOCKS DOWN

WHEAT/SEPT16: 40 CENT DAILY LIMIT      1ST LEG DOWN FROM NEW HIGH COMPLETE           
TREND UP/LESS, TARGETS: 465-488-503-515.       MOMENTUM DECREASING
TRADING: UP-ACCELERATION-BUYING-AT TREND+CLOSED ABOVE 488 AS RESISTANCE
VOLUME DOWN/OPEN INTEREST-FLAT-HIGHER LOW-HIGHER CLOSE-FREE WORLD STOCKS-FLAT 

CANADIAN DOLLAR/USD: SEPT16 4.00 DOLLAR DAILY LIIMIT  AT BOTTOM OF FIRST LEG DOWN
TREND DOWN/LESS, TARGETS: 7867-7810-7745-7582,                   LOSING MOMENTUM
TRADING: UP-DECELERATION-NET BUYING-BELOW TREND AT 7810 AS RESISTANCE
VOLUME/OPEN INTEREST DOWN-HIGHER LOW-HIGHER CLOSE
       
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   AT BOTTOM OF NEW 1ST LEG DOWN
TREND UP/LESS, TARGETS: 134-139-145-149-154.    MOMENTUM INCREASING-OVERSOLD
TRADING: UP-ACCELERATION-BUYING-REVERSAL SIGNAL MET RESISTANCE @149
VOLUME DOWN/OPEN INTEREST FLAT-LOWER LOW-HIGHER HIGH-CLOSE ABOVE HIGH     

Thursday, June 16, 2016

Commodity Settlements/CME, JUNE 16/2016 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE

CORN/JULY16: 30 CENT DAILY LIMIT        TRADING TO ESTABLISH SUPPORT LEVEL
TREND UP TARGETS: 375-384-403-422-437. POSITIONS-MORE SPECULATIVE
TRADING: DOWN-DECELERATING-TRADE OFF-TESTED TREND SUPPORT-BUYNG@422 
VOLUME/OPEN INTEREST DOWN-LOWER HIGH/CLOSE-FREE WORLD STOCKS DOWN

SOYBEANS/NOVEMBER16 70 CENT DAILY LIMIT  LONG 1ST LEG-POSSIBLE LONG MOVE                 
TREND UP TARGETS: 960-998-1075-1108-1152  POSITIONS--SLIGHTLY MORE SPECULATIVE
TRADING: DOWN-ACCELERATING-NET SELLING-TESTED TREND/1108 AS  SUPPORT
VOLUME/OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE-WORLD STOCKS DOWN

WHEAT/JULY16: 40 CENT DAILY LIMIT                     LONG 1ST LEG-POSSIBLE LONG MOVE
TREND UP/LESS, TARGETS: 465-488-503-515. POSITIONS-LESS SPECULATIVE
TRADING: DOWN-DECELERATION-SELLING-BELOW REVISED TREND TO ABOVE SUPPORT@465
VOLUME/OPEN INTEREST-DOWN-LOWER HIGH-LOWER CLOSE-FLAT FREE WORLD STOCKS        
CANADIAN DOLLAR/USD:/SEPT16 4.00 DOLLAR DAILY LIMIT-  
TREND DOWN/MORE, TARGETS: 7867-7810-7745-7582, POSITIONS-LESS SPECULATIVE
TRADING: DOWN-ACCELERATING-NET SELLING-ABOVE REVISED TREND/SUPPORT@OLD LOWS@7600
VOLUME UP/OPEN INTEREST DOWN--LOWER HIGH-LOWER CLOSE
       
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   TREND MORE GRADUAL
TREND UP/LESS SO, TARGETS: 134-139-145-149-154. POSITIONS-LESS SPECULATIVE 
TRADING: DOWN-ACCELERATED-SELLING-BELOW TREND-CLOSED INSIDE 145/139
VOLUME UP-OPEN INTEREST DOWN-LOWER HIGH-LOWER CLOSE  PREMIUM FORWARD      

Wednesday, June 15, 2016

Commodity Settlements/CME, JUNE 15/2016 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, MOMENTUM, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/JULY16: 30 CENT DAILY LIMIT     RESISTANCE HOLDING   
TREND UPWARD, TARGETS: 401-419-433-454. POSITIONS-MORE SPECULATIVE
TRADING: FLAT-DECELERATING-SELLING\-RESISTANCE@TREND+HIGHS-SUPPORT@433 
LOWER VOLUME/OPEN INTEREST-FLAT HIGH-LOWER CLOSE LOWER FREE W/STOCKS
SOYBEANS/NOVEMBER16 70 CENT DAILY LIMIT             BACK ON TREND                 
TREND UPWARD TARGETS: 960-998-1075-1152  POSITIONS--SLIGHTLY MORE SPECULATIVE
TRADING: FLAT-DECELERATING-NET SELLING-SUPPORT@TREND+1152-CLOSED BELOW
LOWER VOLUME-HIGHER OPEN INTEREST+FLAT LOW-LOWER CLOSE+-LOWER W/STOCKS
WHEAT/JULY16: 40 CENT DAILY LIMIT                         TREND MORE GRADUAL      
TREND UPWARD/LESS SO, TARGETS: 465-488-503-515. POSITIONS-LESS SPECULATIVE  
TRADING: LOWER-ACCELERATION-NET SELLING-BREAKOUT DOWNSIDE OF TREND+488  
LOWER VOLUME/OPEN INTEREST-LOWER HIGH-LOWER-CLOSE-FLAT FREE W/STOCKS        
CANADIAN DOLLAR/USD:/SEPT16 4.00 DOLLAR DAILY LIMIT                        
TREND DOWNWARD, TARGETS: 7867-7810-7745-7582, POSITIONS-LESS SPECULATIVE
TRADING: LOWER-ACCELERATED-NET SELLING-BELOW TREND-TESTED SUPPORT@7748 
LOWER VOLUME-HIGHER OPEN INTEREST-LOWER HIGH-LOWER CLOSE       

HEATING OIL/ULSD JULY16 TREND M0RE GRADUAL
TREND UPWARD/LESS SO, TARGETS: 134-139-145-149-154. POSITIONS-LESS SPECULATIVE 
TRADING: FLAT-DECELERATED-MATCHED SELLING-BELOW TREND-TESTED SUPPORT@145
HIGHER VOLUME-LOWER OPEN INTEREST-FLAT HIGH-MATCHED CLOSE  PREMIUM FORWARD      
Google+