Friday, July 21, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 21/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST -UP                
TRADING: DOWN FIRST DAY OF WHAT LOOKS LIKE LOWER HIGH ABOVE TREND AT 388/RESISTANCE  

TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL  OPEN INTEREST-DOWN
TRADING: FLAT-PULL BACK FROM LOWER HIGH OVERBOUGHT ABOVE TREND AT 1033/RESISTANCE
TARGETS: (989 1004 1018 1033 1047) COMMITMENTS OF TRADERS: NET INCREASE-REVERSAL

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN             
TRADING:UP ON SELLING APPEARS FORMING A LOW ABOVE TREND OVERBOUGHT AT 496/SUPPORT  
TARGETS: (476 486 496 515 526
), COMMITMENTS OF TRADERS: NET NEUTRAL  

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 7971)

TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP/LESS SO )     
TRADING: UP ABOVE TREND (WITH OPEN INTEREST-LOSING STRENGTH)  CLOSED ABOVE 7965
TARGETS: (7845 7883 7965 8048 8130)  COMMITMENTS OF TRADERS: NET INCREASE    


HEATING OIL ULSD: NO LONGER REPORTING, OF LITTLE USE TO THE FARMER DUE DIESEL PRICING

DUE TO KNEE REPLACEMENT SURGERY SCHEDULED FOR JULY 24TH EXPECT INTERRUPTIONS JUL/AUG
YOUR INTEREST IS MUCH APPRECIATED-PH

Thursday, July 20, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 20/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST-UP (LAST-DOWN ON TREND)                 
TRADING: WEEKLY-UP THROUGH/ABOVE TREND TESTED CLOSED ABOVE 388/RESISTANCE  

TARGETS: (379 388 397 406 415) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL  OPEN INTEREST-UP (LAST-PARALLEL ABOVE TREND)
TRADING: WEEKLY-UP WELL ABOVE TREND OVERBOUGHT MET 1033/RESISTANCE
TARGETS: (989 1004 1018 1033 1947) COMMITMENTS OF TRADERS: NET DECREASE-NEUTRAL

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)           
TRADING:WEEKLY-DOWN WELL ABOVE TREND OVERBOUGHT MET 496/SUPPORT  
TARGETS: (476 486 496 515 526
), COMMITMENTS OF TRADERS: NET INCREASE  

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 7971)

TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-UP/LESS BELOW TREND)     
TRADING: WEEKLY-UP ABOVE TREND OVERBOUGHT TESTED/CLOSED BELOW 7965
TARGETS: (7845 7883 7965 8048 8130)  COMMITMENTS OF TRADERS: NET DECREASE-NEUTRAL    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/MORE GRADUAL, OPEN INTEREST-UP/TOPPY (LAST-DOWN BELOW TREND)
TRADING: WEEKLY-UP ABOVE TREND MET RESISTANCE/CLOSED BELOW 156/RESISTANCE     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET INCREASE

Thursday, July 13, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 13/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE; MONTHLY-UP/GRADUAL OPEN INTEREST-UP (LAST-FLAT ABOVE TREND)                 
TRADING: ACCELERATED DOWN SELLING TESTED TREND CLOSED BELOW 371/SUPPORT  

TARGETS: (353 361 371 379) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT (1196-910)
TRENDS: PRICE: MONTHLY DOWN/GRADUAL  OPEN INTEREST-UP (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED DOWN SELLING (ISLAND REVERSAL) MET TREND-989/SUPPORT
TARGETS: (931 960 989 1018) COMMITMENTS OF TRADERS: NET DECREASED-NEUTRAL

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE: MONTHLY UP/GRADUAL OPEN INTEREST-DOWN (LAST-FLAT/UP ABOVE TREND)           
TRADING: ACCELERATED DOWN SELLING (ISLAND REVERSAL) TESTED 515/SUPPORT  
TARGETS: (476 496 515 535
), COMMITMENTS OF TRADERS: NET INCREASED  

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 7844)

TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-UP BELOW TREND)     
TRADING: DECELERATED FLAT NET BUYING ABOVE REVISED TREND CLOSED BELOW 7883
TARGETS: (7800 7845 7883 7965 8048)  COMMITMENTS OF TRADERS: NET /DECREASED-NEUTRAL    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: DECELERATED UP NET SELLING BELOW TREND-MET RESISTANCE/CLOSED @149     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET DECREASED

Wednesday, July 12, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 12/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS 16/17-126/MMT 17/18-120/MMT (325-405)              
TRENDS: PRICE-UP/SEMI MODERATE, OPEN INTEREST-UP (LAST-UP ABOVE TREND)                 
TRADING: ACCELERATED SELLING DOWNSIDE TREND TESTED/CLOSED BELOW 387/SUPPORT  

TARGETS: (371 379 387 397) COMMITMENTS OF TRADERS: NET REDUCED REVERSED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-74/MMT
TRENDS: MONTHLY-UP/STEEP OPEN INTEREST-UP (LAST-UP ABOVE TREND) (1196-910)
TRADING: DECELERATED FLAT NET SELLING ON TREND RESISTANCE DOWNSIDE 1047
TARGETS: (989 1018 1047 1076) COMMITMENTS OF TRADERS: NET REDUCED

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-134/MMT (390-575)         
TRENDS: PRICE-UP/LESS STEEP, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)           
TRADING: ACCELERATED DOWN SELLING DOWNSIDE TREND MET RESISTANCE @535 
TARGETS: (526 535 555 575
), COMMITMENTS OF TRADERS: NET INCREASED REVERSED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 7844)

TRENDS: PRICE-UP/MORE STEEP OPEN INTEREST-UP (LAST-FLAT BELOW TREND)     
TRADING: ACCELERATED UP BUYING UPSIDE REVISED TREND TESTED/CLOSED BELOW 7883
TARGETS: (7800 7845 7883 7965 8048)  COMMITMENTS OF TRADERS: NET REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: DECELERATED UP NET SELLING BELOW TREND-MET RESISTANCE @149     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET REDUCED

Tuesday, July 11, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 11/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-405)              
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-UP (LAST-FLAT ON TREND)                 
TRADING: ACCELERATED FLAT OFFSET BUYING ON TREND MET RESISTANCE@405  

TARGETS: (387 397 405 415) COMMITMENTS OF TRADERS: NET REDUCED REVERSED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-UP/STEEP OPEN INTEREST-DOWN (LAST-FLAT/UP ABOVE TREND)
TRADING: ACCELERATED FLAT OFFSET BUYING UPSIDE TREND MET RESISTANCE @1047
TARGETS: (989 1018 1047 1076) COMMITMENTS OF TRADERS: NET REDUCED

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)         
TRENDS: PRICE-UP/LESS STEEP, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)           
TRADING: ACCELERATED UP OFFSET BUYING DOWNSIDE TREND CLOSED BELOW 555 
TARGETS: (526 535 555 575
), COMMITMENTS OF TRADERS: NET INCREASED REVERSED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (6810 7844)

TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP ON TREND)     
TRADING: STEADY DOWN NET SELLING ABOVE TREND CLOSED/TESTED RESISTANCE@7753
TARGETS: (7718 7753 7800 7845 7883)  COMMITMENTS OF TRADERS: NET REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-FLAT ABOVE TREND)
TRADING: ACCELERATED UP NET BUYING BELOW TREND-MET RESISTANCE BELOW 149     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET REDUCED

Saturday, July 08, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 7/2017-FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)              
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-UP (LAST-FLAT UPSIDE TREND)                 
TRADING: UP NET BUYING CONSOLIDATING BELOW TREND AND RESISTANCE @397    

TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET REDUCED REVERSED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-UP/STEEP (NEW) OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: UP BUYING BREAKOUT CONSECUTIVE HIGHER HIGHS UPSIDE TREND @1018
TARGETS: (960 989 1018 1047) COMMITMENTS OF TRADERS: NET REDUCED

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)         
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP OABOVE TREND)           
TRADING: DOWN NET SELLING BELOW TREND TESTED/CLOSED @535 AS SUPPORT 
TARGETS: (526 535 555 575
), COMMITMENTS OF TRADERS: NET INCREASED REVERSED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP BELOW TREND)     
TRADING: UP BUYING ACCELERATED ABOVE TREND CLOSED ABOVE RESISTANCE@7753
TARGETS: (7671 7718 7753 7800)  COMMITMENTS OF TRADERS: NET REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)
TRADING: DOWN NET SELLING ACCELERATED BELOW TREND-MET SUPPORT @ 143     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET REDUCED

Thursday, July 06, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 6/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)              
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-UP (LAST-UP UPSIDE TREND)                 
TRADING: DOWN OFFSET BUYING STEADY BELOW TREND A TOP DOWNSIDE 397   

TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-UP ON TREND)
TRADING: UP NET BUYING STEADY 2ND CLOSE ABOVE TREND MEETING RESISTANCE @1002 
TARGETS: (1014 1002 990 979) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)         
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP ON TREND)           
TRADING: DOWN SELLING ABOVE TREND TOP @575 SUPPORT @ 535 OVERBOUGHT 
TARGETS: (526 535 555 575
), COMMITMENTS OF TRADERS: NET POSITIONS EVEN 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-UP/MODERATE OPEN INTEREST-UP (LAST-UP ON TREND)     
TRADING: FLAT MATCHED LESS STRENGTH ABOVE TREND TESTED SUPPORT@7718 TOPPY
TARGETS: (7671 7718 7753 7845)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: FLAT NET SELLING LOST STRENGTH BELOW TREND-TESTED CLOSED BELOW 149     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Wednesday, July 05, 2017


FARM COMMODITIES-TREND ANALYSIS-JULY 5/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)              
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-DOWN (LAST-DOWNSIDE TREND)                 
TRADING: FLAT NET BUYING DECELERATED BELOW TREND RESISTANCE @397 VOLUME DOWN   

TARGETS: (379 387 397 405) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-FLAT BELOW TREND)
TRADING: UP NET BUYING DECELERATED TESTED TREND-990 RESISTANCE VOLUME DOWN
TARGETS: (1014 1002 990 979) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (SEP/17): $0.45/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-575)         
TRENDS: PRICE-UP/STEEP, OPEN INTEREST-DOWN (LAST-UP BELOW TREND)           
TRADING: UP SELLING ACCELERATED ABOVE TREND MET RESISTANCE @ 575 
TARGETS: (535 555 575 595
), COMMITMENTS OF TRADERS: NET POSITIONS EVEN 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-UP/MODERATE OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)     
TRADING: UP NET SELLING ACCELERATED TOPPY ABOVE TREND RESISTANCE @7753
TARGETS: (7598 7671 7753 7845)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: FLAT SELLING ACCELERATED TESTED TREND-RESISTANCE CLOSED BELOW 149     

TARGETS: (163 156 149 143)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Monday, July 03, 2017


FARM COMMODITIES/TREND ANALYSIS/JULY 3/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (SEP/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-396)              
TRENDS: PRICE-UP/MORE SO, OPEN INTEREST-DOWN (LAST-DOWN BELOW TREND)                 
TRADING: FOLLOW UP NET BUYING BELOW TREND MET/CLOSED BELOW RESISTANCE @397   

TARGETS: (379 388 397 406) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (NOV/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/NOW GRADUAL OPEN INTEREST-DOWN (LAST-LOWER BELOW TREND)
TRADING: FOLLOW UP NET BUYING GAP DOWNSIDE RESISTANCE @TREND BELOW 996,
TARGETS: (1014 996 979 962) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (SEP/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-558)         
TRENDS: PRICE-UP/MODERATE, OPEN INTEREST-DOWN (LAST-UP BELOW TREND)           
TRADING: FOLLOW UP BUYING GAP ABOVE TREND MET RESISTANCE @ 558 
TARGETS: (528 538 548 558
), COMMITMENTS OF TRADERS: NET POSITIONS EVEN 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-UP/MODERATE OPEN INTEREST-DOWN (LAST-UP ABOVE TREND)     
TRADING: NET SELLING DECELERATED LOOKS TOPPY ABOVE TREND RESISTANCE @7703
TARGETS: (7659 7703 7747 7791)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/LESS GRADUAL, OPEN INTEREST-DOWN (LAST-DOWN ON TREND)
TRADING: NET BUYING UP RESISTANCE @REVISED TREND TESTED CLOSED BELOW 149     

TARGETS: (179 163 156 149)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Sunday, July 02, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 30/2017-FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/MORE GRADUAL, OPEN INTEREST-DOWN LAST-DOWN BELOW TREND                 
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY UPSIDE TREND CLOSED ABOVE 370  

TARGETS: (370 379 388 397) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/LESS SO OPEN INTEREST-DOWN LAST-LOWER ON TREND
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY ON TREND MET RESISTANCE @945
TARGETS: (996 979 962 945) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/MODERATE, OPEN INTEREST-DOWN LAST-UP BELOW TREND           
TRADING: BEAR SQUEEZE SHORT COVERING UP LTD JULY ABOVE TREND CLOSED ABOVE 499 
TARGETS: (518 528 538 548
), COMMITMENTS OF TRADERS: NET POSITIONS EVEN 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-BREAKOUT UP/MODERATE OPEN INTEREST-DOWN LAST-UP ABOVE TREND     
TRADING: BUYING UP DECELERATED ABOVE TREND CLOSED ABOVE RESISTANCE @7703
TARGETS: (7659 7703 7747 7791)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN LAST-DOWN ON TREND
TRADING: NET BUYING UP STEADY ABOVE TREND TESTED/CLOSED NEAR RESISTANCE @149    

TARGETS: (149 156 163 169)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Wednesday, June 28, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 28/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/MORE GRADUAL, OPEN INTEREST-DOWN LAST-DOWN ON TREND                 
TRADING: NET SELLING DOWN DECELERATED UPSIDE TREND RESISTANCE @361  

TARGETS: (343 352 361 370) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/LESS SO OPEN INTEREST-DOWN LAST-LOWER BELOW TREND
TRADING: NET BUYING FLAT HIGHER TESTED/CLOSED BELOW TREND/RESISTANCE @916
TARGETS: (919 910 893 876) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN LAST-LOWER BELOW TREND           
TRADING: NET BUYING UP STEADY ABOVE TREND DOWN SIDE/CLOSED BELOW 459 
TARGETS: (439 449 459 469
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/MODERATE OPEN INTEREST-DOWN LAST-DOWN ON TREND     
TRADING: BUYING UP ACCELERATED ABOVE TREND CLOSED BELOW RESISTANCE @7703
TARGETS: (7659 7615 7570 7526)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUA, OPEN INTEREST-UP/STEEP LAST-DOWN DOWNSIDE TREND
TRADING: BUYING UP STEADY ABOVE TREND TESTED/CLOSED ABOVE RESISTANCE @143    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Tuesday, June 27, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 27/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/MORE GRADUAL, OPEN INTEREST-DOWN LAST-DOWN ON TREND                 
TRADING: NET SELLING UP DECELERATED TESTING/CLOSING BELOW 361  

TARGETS: (343 352 361 370) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/LESS SO OPEN INTEREST-DOWN LAST-FLAT BELOW TREND
TRADING: OFFSET SELLING UP A BOTTOM BELOW REVISED TREND TEST/RESISTANCE @916
TARGETS: (919 910 893 876) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN LAST-DOWN BELOW TREND           
TRADING: NET BUYING FLAT DECELERATED ABOVE TREND UPSIDE SUPPORT @449 
TARGETS: (439 449 459 469
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN LAST-LESS SO     
TRADING: BUYING UP ACCELERATED TESTED/CLOSED ABOVE RESISTANCE @TREND @7615
TARGETS: (7659 7615 7570 7526)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUA, OPEN INTEREST-UP/STEEP LAST-BELOW TREND
TRADING: BUYING UP ACCELERATED UPSIDE TREND MET RESISTANCE @143    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Monday, June 26, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 26/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN-LAST ABOVE TREND                 
TRADING: OFFSET SELLING FLAT DECELERATED TESTING/CLOSING BELOW 361  

TARGETS: (343 352 361 370) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE OPEN INTEREST-DOWN LAST ABOVE TREND
TRADING: NET BUYING ABOVE TREND ACCELERATED MAKING A BOTTOM RESISTANCE @916
TARGETS: (919 910 893 876) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN LAST BELOW TREND           
TRADING: SELLING DOWN ACCELERATED ABOVE TREND TO SUPPORT @449 
TARGETS: (439 449 459 469
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN LESS SO     
TRADING: NET BUYING UP DECELERATED DOWNSIDE TREND RESISTANCE @7570
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL-REVISED, OPEN INTEREST-UP/STEEP LAST ONSIDE TREND
TRADING: OFFSET BUYING FLAT CONSTANT RESISTANCE @TREND SUPPORT @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Friday, June 23, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 23/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/ABOVE TREND                 
TRADING: NET SELLING DOWN CONSTANT BELOW TREND-PENETRATED 361 SUPPORT 

TARGETS: (343 352 361 370) COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE-REVISED, OPEN INTEREST-DOWN/ABOVE TREND
TRADING: NET SELLING DOWN ABOVE TREND  BELOW 910 + PREVIOUS MAJOR LOW
TARGETS: (919 910 893 876) COMMITMENTS OF TRADERS: NET POSITIONS-INCREASED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/BELOW TREND           
TRADING: NET SELLING UP DECELERATED ABOVE TREND MET RESISTANCE @466 
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/ONSIDE TREND     
TRADING: NET BUYING UP, TESTED RESISTANCE @TREND TESTED RESISTANCE @7570
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL-REVISED, OPEN INTEREST-UP/LESS SO/ONSIDETREND
TRADING: NET BUYING FLAT DECELERATED DOWNSIDE REVISED TREND SUPPORT @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS INCREASED

Thursday, June 22, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 22/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, dDOWN ABOVE TREND                 
TRADING: SELLING ACCELERATING DOWN BELOW TREND-TO SUPPORT @361 

TARGETS: (343 352 361 370 379), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYBEANS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE-REVISED, OPEN INTEREST-UP, UP ABOVE TREND
TRADING: SELLING DOWN ABOVE TREND TESTED/CLOSED BELOW 910 + PREVIOUS LOW
TARGETS: (919 910 893 876), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, DOWN BELOW TREND           
TRADING: NET BUYING ABOVE TREND, UPSIDE  SUPPORT @456, COMPLETING A TOP
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN-NEW TREND, ON TREND     
TRADING: NET BUYING UP, TESTED RESISTANCE @TREND, UP FROM SUPPORT @7511
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-UP, UP ON TREND
TRADING: OFFSET DOWN, DOWNSIDE TREND, MET SUPPORT @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Wednesday, June 21, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 21/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION OF PRICE RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, UP ABOVE TREND                 
TRADING: OFFSET SELLING, FLAT, TESTED/CLOSED BELOW SUPPORT @TREND/370  

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-UP, FLAT ABOVE TREND
TRADING: NET SELLING, LOWER, BREAKOUT BELOW TREND TESTED SUPPORT @919 
TARGETS: (945 928 919 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN, FLAT BELOW TREND           
TRADING: SELLING, FLAT, ABOVE TREND, RESISTANCE @466, FLAT HIGHS
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN-NEW TREND     
TRADING: NET SELLING LOWER, BREAKOUT BELOW TREND, TESTED SUPPORT @7511
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/MODERATE, OPEN INTEREST-DOWN, FLAT ABOVE TREND
TRADING: NET SELLING, LOWER, TO SUPPORT @NEW TREND + @136    

TARGETS: (149 143 136 130)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Tuesday, June 20, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 20/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION  OF RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/MODERATE-(ON TREND)                 
TRADING: SELLING DOWN, MAJOR RESISTANCE @388, TESTING TREND+370/SUPPORT 

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: SELLING DOWN, LOWER HIGH, TESTED SUPPORT @TREND+LAST LOW+928
TARGETS: (962 945 928 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: NET BUYING UP/LESS STEEP ABOVE TREND BELOW RESISTANCE @476
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (SEP/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ABOVE TREND)     
TRADING: NET SELLING DOWN BELOW RESISTANCE @TREND+7570, LOOKS TOPPY
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (AUG/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(ABOVE TREND)
TRADING: NET SELLING DOWN TESTING TREND/SUPPORT,D DOWNSIDE RESISTANCE @143  

TARGETS: (156 149 143 136)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED

Monday, June 19, 2017


FARM COMMODITIES/TREND ANALYSIS/JUNE 19/2017
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: DOWN-LINE JOINS LOWER HIGHS, UP-LINE JOINS HIGHER LOWS 
TRADING: RELATIVE STRENGTH, POSITION  OF RANGE,TREND,TARGETS

TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT


CORN (JUL/17):
 $0.25/BU, FREE WORLD STOCKS ESTIMATED/FLAT-UP (325-388)              
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/MODERATE-(DOWNSIDE TREND)                 
TRADING: NET SELLING, DOWN, ABOVE TREND, BELOW RESISTANCE @OLD HIGHS + 379 

TARGETS: (361 370 379 388 397), COMMITMENTS OF TRADERS: HEDGERS NET SHORT

SOYS (JUL/17):
 $0.70/BU, FREE WORLD STOCKS ESTIMATED/UP, (1196-910)
TRENDS: PRICE-DOWN/SEMI-MODERATE, OPEN INTEREST-DOWN/GRADUAL-(ABOVE)
TRADING: NET SELLING UP TESTED TREND/SUPPORT, RESISTANCE @945/PREVIOUS HIGH ,
TARGETS: (962 945 928 910), COMMITMENTS OF TRADERS: NET POSITIONS-REDUCED

 

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS ESTIMATED/UP, (390-476)         
TRENDS: PRICE-UP/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(BELOW TREND)           
TRADING: NET BUYING UP/STEEP ABOVE TREND TESTING RESISTANCE @OLD HIGHS +466
TARGETS: (446 456 466 476
), COMMITMENTS OF TRADERS: NET POSITIONS REDUCED 

DOLLAR CAD/USD:
 (JUN/17)  4.00 DAILY LIIMIT,  RANGE: (7836-7261)

TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-FLAT-(ABOVE TREND)     
TRADING: NET SELLING UP DOWNSIDE TREND TESTING RESISTANCE @TREND +7570
TARGETS: (7615 7570 7526 7482)  COMMITMENTS/TRADERS: NET POSITIONS REDUCED    


HEATING OIL ULSD: (JUL/17),  25 CENT DAILY LIMIT, (176-136)      
TRENDS: PRICE-DOWN/GRADUAL, OPEN INTEREST-DOWN/GRADUAL-(ABOVE TREND)
TRADING: NET SELLING DOWN UPSIDE TREND/SUPPORT, DOWNSIDE RESISTANCE @143  

TARGETS: (156 149 143 136)  COMMITMENTS OF TRADERS: NET POSITIONS REDUCED
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