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