FARM COMMODITY/TREND ANALYSIS/TUESDAY MAY 16/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TRENDS: LINES, LONG TERM, JOINING, LOWER HIGHS/DOWN, HIGHER LOWS/UP 
TARGETS:  RESISTANCE/SUPPORT LEVELS, OBJECTIVES (PROJECTED) 
TRADING: DIRECTION, STRENGTH, RELATIVE LOCATION TO TRENDS/TARGETS 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/.FLAT             RANGE (351-385)   
TRADING: LOWER, MATCHED, JUST ABOVE TESTING SUPPORT @ TREND/360,     
TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/HIGHER    RANGE (987-943)
TRADING: HIGHER, BUYING, TESTED/CLOSED ABOVE RESISTANCE @ 968/TREND 
TARGETS: DOWN, (987 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/FLAT              RANGE (422-457)
TRADING: LOWER, OFFSET BUYING, TREND/RESISTANCE, 422/SUPPORT                           
TARGETS: UP, (422 434 443 457 480)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.       UPSIDE TREND/7332                              
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT      RANGE (7717-7260)-
TRADING: BUYING, 2ND CONSECUTIVE HIGHER CLOSE ABOVE DRIFT, BREAKOUT                        
TARGETS: (7433 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP++     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT,                        
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)
TRADING: HIGHER, OFFSET SELLING, ABOVE TREND, 153/RESISTANCE,    
TARGETS: DOWN, (164 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,