FARM COMMODITIES/TREND ANALYSIS/JUNE 8/2017
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
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (JUL/17): $0.25/BU,  FREE WORLD STOCKS PROJECTED/LOWER, BULLISH              
TREND: PRICE/UP-ABOVE TREND, OPEN INTEREST/UP-ABOVE TREND, (325-388)                
TRADING: UP/STEEP, ROLLING JULY TO SEPT-DEC, TESTED RESISTANCE/388  
TARGETS: (370 379 388 397 406), COMMITMENTS OF TRADERS: GAINED MOMENTUM

SOYS (JUL/17): $0.70/BU, FREE WORLD STOCKS PROJECTED/FLAT, BEARISH
TREND: PRICE/DOWN-ON TREND, OPEN INTEREST/DOWN-ABOVE TREND, (1186-910)
TRADING: UP/STEEP, NET BUYING, SHORT COVERING JULY, MET RESISTANCE/945   
TARGETS:: (979 962 945 927 910), COMMITMENTS OF TRADERS, GAINING MOMENTUM

WHEAT (JUL/17): $0.30/BU, FREE WORLD STOCKS PROJECTED/LOWER, BEARISH         
TREND: PRICE/UP-ABOVE TREND, OPEN INTEREST/DOWN-ONTREND, (390-479)          
TRADING: UP/STEEP, SHORT COVERING JULY/HEDGING, RESISTANCE/456                                  
TARGETS: (436 446 456 466 476), COMMITMENTS OF TRADERS:GAINED MOMENTUM,

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.                                         BEARISH 
TREND: PRICE/DOWN-BELOW TREND, OPEN INTEREST/FLAT-ON TREND, 7836-7261     
TRADING: FLAT, MATCHED, NARROW PRICE RANGE, HIGHER LOW, SUPPORT//7393   
TARGETS: (7482 7393 7349 7261)  COMMITMENTS OF TRADERS: EQUAL MOMENTUM    

HEATING OIL ULSD: (JUL/17),  25 CENT DAILY LIMIT,                                BEARISH
TREND: PRICE/DOWN-ON TREND,  OPEN INTEREST/FLAT-BELOW TREND, (176-136)
TRADING: DOWN/STEEP, DECELERATED, MATCHED, SUPPORT/142   
TARGETS: (156 149 143 136 130)  COMMITMENTS OF TRADERS, GAINING MOMENTUM