FARM COMMODITIES-TREND ANALYSIS-AUGUST 15/2017
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 (DEC/17): $0.25/BU, FREE WORLD STOCKS 16/17-127/MMT 17/18-120/MMT            
TRENDS: PRICE; UP YEARLY  OPEN INTEREST: DOWN DAILY  PRICE RANGE: (325-405) YEARLY           
TRADING: DOWN SELLING ABOVE MAJOR SUPPORT@3RD REVISED TREND O/I DOWN ABOVE TREND  
TARGETS: (350 361 370 379 388 397) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE

SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: UP/LESS YEARLY  OPEN INTEREST-DOWN MONTHLY  PRICE RANGE: (1196-910) YEARLY
TRADING: DOWN SELLING ABOVE MAJOR SUPPORT@3RD REVISED TREND INTEREST UP ABOVE TREND
TARGETS: (916 931 946 960 975) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE
 
WHEAT (DEC/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-137/MMT          
TRENDS: PRICE: UP YEARLY OPEN INTEREST-FLAT WEEKLY RANGE: (390-910) YEARLY            
TRADING: DOWN SELLING BELOW 2ND REVISED TREND TESTED 456 OPEN INTEREST FLAT ON TREND  
TARGETS: (426 436 446 456 466 476), COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE  

DOLLAR CAD/USD: (SEP/17)  4.00 DAILY LIIMIT,  
TRENDS: PRICE: UP MONTHLY  OPEN INTEREST-DOWN DAILY   PRICE RANGE: (6810-8047) YEARLY     
TRADING: DOWN NET SELLING ABOVE TREND+TESTED SUPPORT/7845 OPEN INTEREST BELOW TREND
TARGETS: (7753 7800 7845 7883 7945)  COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE