Sunday, June 12, 2016

Commodity Settlements/CME, JUNE 10/2016 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND BUYING/SELLING PREVAILING DURING TRADING
TREND: LINE THROUGH HIGHER LOWS (UPWARD), LOWER HIGHS (DOWNWARD)
TRADING: DAILY: DIRECTION, PACE, ACTIVITY, PREVAILING STRENGTH 
TARGETS: PROJECTED:MEASURED PRICE OBJECTIVES OF TRADING, LENGTH OF MOVE
CORN/JULY16: 30 CENT DAILY LIMIT                                  POTENTIAL TOP   
TREND UPWARD/LESS SO, TARGETS: 401-419-433-454. POSITIONS-MORE SPECULATIVE
TRADING: LOWER-2ND CONSECUTIVE CLOSE LOWER-ACCELERATED-NET SELLING
LOWER OPEN INTEREST-LOWER MOVE HIGH-LOWER CLOSE+LOWER FREE W/STOCKS
SOYBEANS/JULY16 70 CENT DAILY LIMIT     ACCELERATED MATCHED SELLING             
TREND UPWARD TARGETS: 960-998-1075-1152  POSITIONS--SLIGHTLY MORE SPECULATIVE
TRADING: HIGHER-NO 2ND CONSECUTIVE HIGHER CLOSE ABOVE RESISTANCE@1152
LOWER OPEN INTEREST+HIGHER LOW-HIGHER CLOSE-LOWER WORLD STOCKS
WHEAT/JULY16: 40 CENT DAILY LIMIT                 STRONG RESISTANCE IS HOLDING            
TREND UPWARD/LESS SO, TARGETS: 488-503-515-533. POSITIONS-LESS SPECULATIVE  
TRADING: LOWER BELOW TREND/RESISTANCE@515-DECELERATION+NET SELLING 
LOWER OPEN INTEREST-LOWER HIGH-LOWER-CLOSE-FLAT FREE WORLD STOCKS        
CANADIAN DOLLAR/USD:/JUNE16 4.00 DOLLAR DAILY LIMIT- LOWER TOP LONG TERM 
TREND UPWARD/LESS SO, TARGETS: 7867-7908-7962-8152, POSITIONS-LESS SPECULATIVE
TRADING: FLAT-BESIDE TREND (STEEP)-RESISTANCE BELOW 7908-ACCELERATED-NET SELLING
LOWER OPEN INTEREST LOWER MOVE HIGH LOWER CLOSE       
HEATING OIL (ULSD)JULY16 25 CENT DAILY LIMIT   CONSECUTIVE CLOSE LOWER
TREND UPWARD/LESS SO, TARGETS: 134-139-145-149-154. POSITIONS-LESS SPECULATIVE 
TRADING: LOWER-SELLING THROUGH TREND BELOW SUPPORT@154-ACCELERATED
LOWER OPEN INTEREST-LOWER HIGH-LOWER-CLOSE-LOWER  PREMIUM FORWARD      
Post a Comment
Google+