Friday, April 21, 2017


FARM COMMODITY TREND ANALYSIS APR 21/2017 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS,  OBJECTIVES
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TARGETS/CHANNEL

CORN (JUL/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            LESS BULLISH            
TREND CHANNEL: MONTHLY, UP/REVISED MORE GRADUAL, NARROW, OPEN INTEREST/DOWN
TRADING: DOWN/LEG DOWN, MATCHED BUYING, UPSIDE 360, UPSIDE CHANNEL BOTTOM     

TARGETS: UP  (351 360 372 385)  COMMITMENTS-INVESTORS, MORE NET SHORT AGAIN

SOYBEANS (JUL/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         LESS BEARISH
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/DOWN
TRADING: DOWN/LEG DOWN, BUYING, UPSIDE 954, BELOW 968, BELOW MID CHANNEL,     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-INVESTORS MORE NET SHORT AGAIN

WHEAT (JUL/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP,          LESS BEARISH  
TREND CHANNEL: YEARLY, UP, NARROW, OPEN INTEREST/FLAT
TRADING: DOWN/LEG DOWN, MATCHED BUYING, DOWNSIDE 422, BELOW MID CHANNEL                     
TARGETS: UP, (411 422 434 457)  COMMITMENTS-INVESTORS MORE NET SHORT  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                  BEARISH
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/UP
TRADING: DOWN/LEG DOWN, SELLING, ONSIDE 7420, BELOW MID CHANNEL,                 
TARGETS: DOWN, (7503 7448 7420 7332)  COMMITMENTS-HEDGERS MORE LONG     

HEATING OIL ULSD: (JUN/17) (NEW)  25 CENT DAILY LIMIT,                  BEARISH-OVERSOLD
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/FLAT-LOWER
TRADING: DOWN/LEG DOWN, NET SELLING, ONSIDE 156, BELOW CHANNEL BOTTOM 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Thursday, April 20, 2017


FARM COMMODITY TREND ANALYSIS APR 20/2017 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS,  OBJECTIVES
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TARGETS/CHANNEL

CORN (JUL/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP             BEARISH            
TREND CHANNEL: MONTHLY, UP/REVISED MORE GRADUAL, NARROW, OPEN INTEREST/DOWN
TRADING: LEG DOWN, NET SELLING, DOWNSIDE 372, INSIDE LOWER CHANNEL-REVISED     

TARGETS: UP  (351 360 372 385)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

SOYBEANS (JUL/17): 65 CENT LIMIT NET WORLD STOCKS DOWN     WEAK BULLISH
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/DOWN
TRADING: UP/LEG DOWN, NET SELLING, ABOVE 954, BELOW 968/MID CHANNEL,     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

WHEAT (JUL/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP,          BEARISH  
TREND CHANNEL: YEARLY, UP, NARROW, OPEN INTEREST/FLAT
TRADING: DOWN/LEG DOWN, ACCELERATED SELLING, UPSIDE 422, ONSIDE MID CHANNEL                     
TARGETS: UP, (411 422 434 457)  COMMITMENTS-RELATIVE STRENGTH-: NO CHANGE  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                  BEARISH
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/UP
TRADING: FLAT/LEG DOWN, MATCHED, UPSIDE 7420, BELOW MID CHANNEL,                 
TARGETS: DOWN, (7503 7448 7420 7332)  COMMITMENTS-RELATIVE STRENGTH: NO CHANGE     

HEATING OIL ULSD: (JUN/17) (NEW)  25 CENT DAILY LIMIT,                  BEARISH-OVERSOLD
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/FLAT-LOWER
TRADING: FLAT/LEG DOWN, MATCHED SELLING, ABOVE 156, BELOW CHANNEL BOTTOM 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Wednesday, April 19, 2017


FARM COMMODITY TREND ANALYSIS APR 19/2017 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS,  OBJECTIVES
 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TARGETS/CHANNEL

CORN (JUL/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP             NEUTRAL            
TREND CHANNEL: MONTHLY/NEW, UP, GRADUAL, NARROW, OPEN INTEREST/DOWN
TRADING: FLAT/LEG DOWN, MATCHED SELLING, DOWNSIDE 372, ONSIDE CHANNEL BOTTOM,    

TARGETS: UP  (351 360 372 385)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

SOYBEANS (JUL/17): 65 CENT LIMIT NET WORLD STOCKS DOWN        NEUTRAL
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/DOWN
TRADING: FLAT/LEG DOWN, NET BUYING, UPSIDE 954, BELOW MID CHANNEL,     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

WHEAT (JUL/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP,          BEARISH  
TREND CHANNEL: YEARLY, UP/LESS SO), NARROW, OPEN INTEREST/FLAT
TRADING: FLAT/LEG DOWN, NET SELLING, UPSIDE 434, DOWNSIDE MID CHANNEL                     
TARGETS: UP, (422 434 457 480)  COMMITMENTS-RELATIVE STRENGTH-: NO CHANGE  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                         BEARISH
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/FLAT-DOWN
TRADING: DOWN/LEG DOWN, ACCELERATED SELLING, UPSIDE 7420, ONSIDE MID CHANNEL,                 
TARGETS: DOWN, (7503 7448 7420 7332)  COMMITMENTS-RELATIVE STRENGTH: NO CHANGE     

HEATING OIL ULSD: (JUN/17) (NEW)  25 CENT DAILY LIMIT,                     BEARISH
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/UP
TRADING: DOWN/LEG DOWN, ACCELERATED SELLING, ABOVE 156, ONSIDE CHANNEL BOTTOM 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Tuesday, April 18, 2017


FARM COMMODITY TREND ANALYSIS APR 18/2017 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (JUL/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP   PREMIUM TO JUL/18
TREND CHANNEL: MONTHLY/NEW, UP, GRADUAL, NARROW, OPEN INTEREST/DOWN
TRADING: LEG DOWN, ONSIDE 372, UPSIDE CHANNEL BOTTOM,  SELLING    

TARGETS: UP  (351 360 372 385)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

SOYBEANS (JUL/17): 65 CENT LIMIT NET WORLD STOCKS DOWN  PREMIUM TO JUL/17
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/DOWN
TRADING/JULY, START OF LEG DOWN, ONSIDE 954, DOWNSIDE MID CHANNEL, NET SELLING     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

WHEAT (JUL/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP,   PREMIUM TO MAR/19  
TREND CHANNEL: YEARLY, UP/LESS SO), NARROW, OPEN INTEREST/FLAT
TRADING: LEG DOWN, UPSIDE 434, DOWNSIDE MID CHANNEL, MATCHED BUYING                     
TARGETS: UP, (422 434 457 480)  COMMITMENTS-RELATIVE STRENGTH-: NO CHANGE  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                   
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/FLAT-DOWN
TRADING: LEG DOWN, ONSIDE 7503, UPSIDE MID CHANNEL, SELLING                
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS-RELATIVE STRENGTH: NO CHANGE     

HEATING OIL ULSD: (JUN/17) (NEW)  25 CENT DAILY LIMIT,           PREMIUM TO FEB/18
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/UP
TRADING: LEG DOWN, DOWNSIDE 164, UPSIDE CHANNEL BOTTOM, NET SELLING 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Monday, April 17, 2017


FARM COMMODITY TREND ANALYSIS APR 17/2017 MONDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (JUL/17) (NEW): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP    BEARISH
TREND CHANNEL: MONTHLY/NEW, UP, GRADUAL, NARROW, OPEN INTEREST/FLAT-UP
TRADING/JULY: DOWN, SELLING, RESISTANCE @ 2 HIGHS HELD, TOPPY, SUPPORT @ 372    

TARGETS: UP  (351 360 372 385)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN           BEARISH
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/UP
TRADING/MAY: UP, SELLING, NO BREAKOUT ABOVE RESISTANCE @ 954, LOWER CHANNEL     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

WHEAT (JUL/17 (NEW): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP   BULLISH
TREND CHANNEL: YEARLY, UP/LESS SO), NARROW, OPEN INTEREST/FLAT
TRADING/JULY: DOWN, SELLING, TOPPY, MET SUPPORT @ 434, MID CHANNEL                     
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS-RELATIVE STRENGTH-: NO CHANGE  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                   BEARISH
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/FLAT-DOWN
TRADING/JUN17: FLAT, MET RESISTANCE @ 7554, CLOSED BELOW,  INSIDE UPPER CHANNEL                
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS-RELATIVE STRENGTH: NO CHANGE     

HEATING OIL ULSD: (JUN/17) (NEW)  25 CENT DAILY LIMIT,                   BULLISH
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/UP
TRADING/JUN 17: DOWN, SELLING, MET SUPPORT @ 164, LOWER CHANNEL 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Saturday, April 15, 2017


FARM COMMODITY TREND ANALYSIS APR 13/2017 THURSDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BULLISH
TREND CHANNEL: MONTHLY/NEW, UP, GRADUAL, NARROW, OPEN INTEREST/FLAT-UP
TRADING MOVE: WEEKLY, UP, HIGHER LOW UPSIDE CHANNEL BOTTOM, RESISTANCE @ 372   

TARGETS: UP  (351 360 372 385)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         BULLISH
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/UP
TRADING MOVE: WEEKLY, UP, TEST OF RESISTANCE @ 954, INSIDE LOWER CHANNEL     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: INCREASED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH
TREND CHANNEL: YEARLY, UP/LESS SO), NARROW, OPEN INTEREST/FLAT
TRADING MOVE: WEEKLY, UP, MET RESISTANCE/TOPPY @ 434, INSIDE LOWER CHANNEL                    
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS-RELATIVE STRENGTH-: NO CHANGE  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 BEARISH
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/FLAT-DOWN
TRADING MOVE: WEEKLY, UP, MET RESISTANCE/CLOSED @ 7554, INSIDE UPPER CHANNEL                
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS-RELATIVE STRENGTH: NO CHANGE     

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           BEARISH
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/UP
TRADING MOVE: WEEKLY, UP, RESISTANCE/TOPPY MID 164-169, INSIDE LOWER CHANNEL 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED

Saturday, April 08, 2017


FARM COMMODITY TREND ANALYSIS APR 07/2017 FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: WEEKLY, DOWN, GRADUAL, NARROW, OPEN INTEREST/UP-SHORT SELLING
TRADING MOVE: WEEKLY, DAY 4, DOWN, ONSIDE 360/CHANNEL TOP, NET SELLING   

TARGETS: DOWN  (386 360 350 340)  COMMITMENTS-RELATIVE STRENGTH: REDUCED

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         NEUTRAL
TREND CHANNEL: MONTHLY, DOWN, MODERATE, WIDE, OPEN INTEREST/UP-SHORT SELLING
TRADING MOVE: WEEKLY, DAY 4, FLAT, ONSIDE 943/MID UPPER CHANNEL, NET MIXED     
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH: REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH
TREND CHANNEL: YEARLY, UP/LESS SO), NARROW, OPEN INTEREST/FLAT-UP, OFFSET
TRADING MOVE: WEEKLY, DAY 4, DOWN, INSIDE 434-432, ONSIDE MID CHANNEL, MIXED                    
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS-RELATIVE STRENGTH-: INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 NEUTRAL
TREND CHANNEL: YEARLY, LOWER, WIDE, OPEN INTEREST/UP-SHORT SELLING
TRADING MOVE: WEEKLY, DAY 5 DOWN, DOWNSIDE 7503, UPSIDE MID CHANNEL, SELLING                
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS-RELATIVE STRENGTH: UP SLIGHTLY     

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           BULLISH
TREND CHANNEL: YEARLY, UP, MODERATE, WIDE, OPEN INTEREST/FLAT, OFFSET
TRADING MOVE: WEEKLY, DAY 4, UP, (151-164), ONSIDE 164, ABOVE CHANNEL BOTTOM 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-RELATIVE STRENGTH:-INCREASED LITTLE

Wednesday, April 05, 2017


FARM COMMODITY TREND ANALYSIS APR 05/2017 WEDNESDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: WEEKLY  DOWN   GRADUAL  NARROW   OPEN INTEREST/DOWN
TRADING: DAILY, DOWN, DAY 2, RESISTANCE @ CHANNEL BOTTOM PREVAILED, NET BUYING   

TARGETS: DOWN  (386 360 350 340)  COMMITMENTS: RELATIVE STRENGTH-REVERSED EVEN 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         LESS BEARISH
TREND CHANNEL: MONTHLY  DOWN  MODERATE  WIDE  OPEN INTEREST/UP
TRADING: DAILY, UP, DAY 1, CLOSED ABOVE RESISTANCE @ 943, LOWER CHANNEL, NET BUYING,    
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH
TREND CHANNEL: YEARLY, UP/LESS SO, (NEW), NARROW,  OPEN INTEREST/FLAT
TRADING: DAILY, FLAT, DAY 2, SUPPORT ABOVE 422/UPSIDE MID CHANNEL PREVAILED                    
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 LESS BULLISH
TREND CHANNEL: YEARLY, LOWER, WIDE,  OPEN INTEREST/UP
TRADING: DAILY, FLAT, UPSIDE SUPPORT @ 7448, ONSIDE MID YEARLY CHANNEL, MATCHED                
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           LESS BULLISH
TREND CHANNEL: YEARLY, UP/MORESO, LESS MODERATE, WIDE, OPEN INTEREST/UP
TRADING: DAILY, UP, RESISTANCE PREVAILED @ 164, UPSIDE SUPPORT @ BOTTOM AS SUPPORT 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-REPORT: RELATIVE STRENGTH-EVEN

Tuesday, April 04, 2017


FARM COMMODITY TREND ANALYSIS APR 04/2017 TUESDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: WEEKLY  DOWN   GRADUAL  NARROW   OPEN INTEREST/DOWN
TRADING: DAILY, DOWN, RESISTANCE HELD @ 370, UPSIDE CHANNEL TOP, LOOKS TOPPY   

TARGETS: DOWN  (386 360 350 340)  COMMITMENTS: RELATIVE STRENGTH-REVERSED EVEN 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         BEARISH
TREND CHANNEL: MONTHLY  DOWN  MODERATE  WIDE  OPEN INTEREST/UP
TRADING: DAILY, DOWN, TESTED/CLOSED BELOW SUPPORT @ 943, SELLING, DECELERATION   
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH
TREND CHANNEL: MONTHLY  UP  GRADUAL  NARROW  OPEN INTEREST/FLAT
TRADING: DAILY, DOWN, RESISTANCE HELD @ 434, UPSIDE LOWER CHANNEL, TOPPY                   
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 BULLISH
TREND CHANNEL: MONTHLY  DOWN  GRADUAL  WIDE  OPEN INTEREST/UP
TRADING: DAILY, DOWN, SUPPORT HELD @ 7448, INSIDE LOWER CHANNEL, BUYING              
TARGETS: DOWN, (7554 7503 7448 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           BULLISH
TREND CHANNEL: MONTHLY  UP   MODERATE  WIDE   OPEN INTEREST/UP
TRADING: DAILY, UP, SUPPORT HELD @ 156, @ CHANNEL BOTTOM, BUYING 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-REPORT: RELATIVE STRENGTH-EVEN

Monday, April 03, 2017


FARM COMMODITY TREND ANALYSIS APR 3/2017 MONDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: WEEKLY  DOWN   GRADUAL  NARROW   OPEN INTEREST/UP-BUYING
TRADING: DAILY  UP  UPSIDE CHANNEL TOP  SELLING  MET RESISTANCE @ PREVIOUS HIGH @ 370   

TARGETS: DOWN  (386 360 350 340)  COMMITMENTS: RELATIVE STRENGTH-REVERSED EVEN 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN       BEARISH
TREND CHANNEL: MONTHLY  DOWN  MODERATE  WIDE  OPEN INTEREST/UP-SHORT SELLING
TRADING: DAILY  DOWN  INSIDE LOWER CHANNEL  SELLING  FIRST CLOSE BELOW 943   
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP         BEARISH
TREND CHANNEL: MONTHLY  UP  GRADUAL  NARROW  OPEN INTEREST/FLAT
TRADING: DAILY   UP  MID LOWER CHANNEL  SELLING  MET RESISTANCE @ 434                   
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                        BEARISH
TREND CHANNEL: MONTHLY  DOWN  GRADUAL  WIDE  OPEN INTEREST/FLAT
TRADING: DAILY  DOWN  INSIDE DRIFT DOWN  UPSIDE MID CHANNEL SELLING  BELOW 7503              
TARGETS: DOWN, (7628 7554 7503 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                                BEARISH
TREND CHANNEL: MONTHLY  UP   MODERATE  WIDE   OPEN INTEREST/FLAT
TRADING: DAILY  FLAT  DOWNSIDE CHANNEL BOTTOM  SELLING  MET SUPPORT @ 156 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-REPORT: RELATIVE STRENGTH-EVEN

Sunday, April 02, 2017



FARM COMMODITY TREND ANALYSIS MAR 31/2017 FRIDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BULLISH
TREND CHANNEL: WEEKLY  DOWN   GRADUAL  NARROW   OPEN INTEREST/UP-BUYING
TRADING: WEEKLY  REVERSAL UP  MET RESISTANCE/TEST OF TOP  ABOVE RESISTANCE @ 360   

TARGETS: DOWN  (386 360 350 340)  COMMITMENTS: RELATIVE STRENGTH-REVERSED EVEN 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN       BEARISH
TREND CHANNEL: MONTHLY  DOWN  MODERATE  WIDE  OPEN INTEREST/UP-SHORT SELLING
TRADING: WEEKLY  ACCELERATION SELLING DOWN  MID LOWER CHANNEL  SUPPORT @ 943   
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP         BULLISH
TREND CHANNEL: MONTHLY  UP  GRADUAL  NARROW  OPEN INTEREST/FLAT
TRADING: WEEKLY FLAT OFFSET BUYING TEST OF CONSOLIDATION TOP  RESISTANCE @ 434                   
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 BULLISH
TREND CHANNEL: MONTHLY  DOWN  GRADUAL  WIDE  OPEN INTEREST/FLAT
TRADING: WEEKLY  TEST OF HIGH OF DRIFT DOWN  BUYING  2ND HIGHER CLOSE BELOW 7554            
TARGETS: DOWN, (7628 7554 7503 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           BULLISH
TREND CHANNEL: MONTHLY  UP   MODERATE  WIDE   OPEN INTEREST/FLAT
TRADING: WEEKLY STEADY UP BUYING  2ND CONSECUTIVE HIGHER CLOSE ABOVE BOTTOM@156 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-REPORT: RELATIVE STRENGTH-EVEN

Thursday, March 30, 2017


FARM COMMODITY TREND ANALYSIS MAR 30/2017 THURSDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: WEEKLY  DOWN (NEW)  GRADUAL  NARROW   OPEN INTEREST/UP
TRADING: DAILY  FLAT  MATCHED  TOPPY  MID CHANNEL  MET RESISTANCE @ 360   

TARGETS: UP  (386 360 350 340 325)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         BEARISH
TREND CHANNEL: MONTHLY  DOWN  MODERATE  WIDE  OPEN INTEREST/FLAT
TRADING: DAILY   DOWN  SELLING  INSIDE LOWER CHANNEL  DOWNSIDE/1ST CLOSE BELOW 968 
 
TARGETS: DOWN, (968 954 943 929)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          NEUTRAL
TREND CHANNEL: MONTHLY  UP  GRADUAL  NARROW  OPEN INTEREST/FLAT
TRADING: DAILY  CONSOLIDATION FLAT  MIXED  ABOVE BOTTOM  UPSIDE SUPPORT @ 422                 
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                 BULLISH
TREND CHANNEL: MONTHLY  DOWN  GRADUAL  WIDE  OPEN INTEREST/FLAT
TRADING: DAILY  NET SELLING  UPSIDE CONSOLIDATION AND 7503 AS SUPPORT        
TARGETS: DOWN, (7628 7554 7503 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (MAY/17)  25 CENT DAILY LIMIT,                           BULLISH
TREND CHANNEL: MONTHLY  UP   MODERATE  WIDE   OPEN INTEREST/FLAT
TRADING: DAILY  UP  ONSIDE/CLOSED ABOVE CHANNEL BOTTOM  MET RESISTANCE @ 156 

TARGETS:UP, (151 156 164 169)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED

Wednesday, March 29, 2017


FARM COMMODITY TREND ANALYSIS MAR 29/2017 WEDNESDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: MONTHLY UP/MORE GRADUALLY NARROW RANGE OPEN INTEREST/UP
TRADING: DAILY,  DOWN,  2ND LEG UP,  NET BUYING,  BELOW BOTTOM,  MET RESISTANCE@360  

TARGETS: UP  (351 360 377 395)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         NEUTRAL/BEARISH
TREND CHANNEL: MONTHLY DOWN/MODERATELY/WIDE RANGE OPEN INTEREST/FLAT
TRADING: DAILY,  3RD LEG DOWN,  NET SELLING,  LOWER CHANNEL,  MET SUPPORT @ 968 
 
TARGETS: DOWN, (1077 1050 1004 968)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH/FLAT
TREND CHANNEL: MONTHLY UP/GRADUALLY/NARROW RANGE OPEN INTEREST/DOWN
TRADING: DAILY,  3RD LEG DOWN,  MIXED,  CHANNEL BOTTOM,  MET SUPPORT @ 422                 
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (MAR/17)  4.00 DAILY LIIMIT.                                 NEUTRAL
TREND CHANNEL: MONTHLY DOWN/GRADUALLY/ WIDE RANGE OPEN INTEREST/FLAT
TRADING: DAILY 1ST LEG UP  DRIFTING DOWN  BUYING  ONSIDE MID CHANNEL  RESISTANCE@7503         
TARGETS: DOWN, (7628 7554 7503 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (APR/17)  25 CENT DAILY LIMIT,                            BEARISH
TREND CHANNEL: MONTHLY UP/LESS, MODERATE RANGE, OPEN INTEREST/FLAT
TRADING: DAILY  DOWNSIDE CHANNEL BOTTOM  BROKE OUT UP THROUGH RESISTANCE @ 151 

TARGETS:UP, (144 151 164 177)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED

Saturday, March 25, 2017



FARM COMMODITY TREND ANALYSIS MAR 24/2017 FRIDAY

MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE ACTIVITY/STRENGTH OF TRADING
TREND CHANNEL: PARALLEL LINES JOINING HIGHER LOWS+TOPS  LOWER HIGHS+BOTTOMS 
TARGETS: (PROJECTED) RESISTANCE/SUPPORT LEVELS  OBJECTIVES
 
TRADING: DIRECTION  STRENGTH  RELATIVE LOCATION TO TARGETS/CHANNEL 

CORN (MAY/17): 25 CENT DAILY LIMIT NET WORLD STOCKS/UP            BEARISH
TREND CHANNEL: MONTHLY UP/MORE GRADUALLY NARROW RANGE OPEN INTEREST/UP
TRADING: WEEKLY, DECELERATION DOWN, SELLING, BELOW/CLOSED BELOW BOTTOM-360 

TARGETS: UP  (351 360 363 372 395)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED 

SOYBEANS (MAY/17): 65 CENT LIMIT NET WORLD STOCKS DOWN         NEUTRAL
TREND CHANNEL: MONTHLY DOWN/MODERATELY/WIDE RANGE OPEN INTEREST/UP
TRADING: WEEKLY, ACCELERATION DOWN, SELLING, ONSIDE MID LINE, TESTED SUPPORT @ 987 
 
TARGETS: DOWN, (1077 1050 1004 994 987 968)  COMMITMENTS-RELATIVE STRENGTH-REDUCED

WHEAT (MAY/17): 35 CENT DAILY LIMIT NET WORLD STOCKS-UP          BEARISH
TREND CHANNEL: MONTHLY UP/GRADUALLY/NARROW RANGE OPEN INTEREST/UP
TRADING: WEEKLY, DECELERATION DOWN, SELLING, @BOTTOM LINE, MET SUPPORT @ 422                 
TARGETS: UP, (387 407 422 434 457 480)  COMMITMENTS:RELATIVE STRENGTH-INCREASED  

DOLLAR CAD/USD: (MAR/17)  4.00 DAILY LIIMIT.                                 NEUTRAL
TREND CHANNEL: MONTHLY DOWN/GRADUALLY/ WIDE RANGE OPEN INTEREST/FLAT
TRADING: WEEKLY, MIXED DOWN, MATCHED, ABOVE MID LINE, ONSIDE 7503         
TARGETS: DOWN, (7628 7554 7503 7420)  COMMITMENTS: RELATIVE STRENGTH REVERSED-EVEN:    

HEATING OIL ULSD: (APR/17)  25 CENT DAILY LIMIT,                            BEARISH
TREND CHANNEL: MONTHLY UP/LESS, MODERATE RANGE, OPEN INTEREST/FLAT
TRADING: WEEKLY, MIXED FLAT, BELOW CHANNEL BOTTOM LINE/151 

TARGETS:UP, (144 151 164 177)  COMMITMENTS-REPORT: RELATIVE STRENGTH-REDUCED
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