FARM COMMODITIES/TREND ANALYSIS/MAY 25/2017-FRIDAY
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND DOWN: LINE JOINS LOWER HIGHS, TREND UP: LINE JOINS HIGHER LOWS
TRADING: DIRECTION, RELATIVE STRENGTH OF ACTIVITY/TREND/TARGETS
TREND: MONTHLY, PRICE/UP, RANGE/(325-388), OPEN INTEREST/UP-ON TREND
TRADING: HIGHER, ACCELERATED, BUYING, TESTED TOP OF CONVERGENCE/370
SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/LOWER,
TREND: MONTHLY, PRICE/DOWN, RANGE/(1186-927), OPEN INTEREST/UP-ABOVE TREND
TRADING: LOWER, ACCELERATED, SELLING, ON TREND REVISED LOWER, @927/SUPPORT
WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/lLOWER
TREND: MONTHLY, PRICE/UP, RANGE/(390-479), OPEN INTEREST/UP-ABOVE TREND
TRADING: HIGHER, ACCELERATED, BUYING, ABOVE TREND, @439/RESISTANCE
TARGETS: (420 429 439 449 459
DOLLAR CAD/USD: (JUN/17) 4.00 DAILY LIIMIT.
TREND: MONTHLY, PRICE/DOWN, RANGE/(7836-7305) OPEN INTEREST/DOWN-ON TREND
TRADING: FLAT, DECELERATED, NET BUYING, ABOVE TREND/7393, LOWER HIGH
TARGETS: (7659 7570 7482 7393 7305) COMMITMENTS, RELATIVE STRENGTH IN BALANCE
HEATING OIL ULSD: (JUL/17), 25 CENT DAILY LIMIT,
TREND: MONTHLY, PRICE/DOWN, RANGE/(184 137), OPEN INTEREST/DOWN-BELOW TREND
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