FARM COMMODITIES-TREND ANALYSIS-SEPTEMBER 1/2017
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 O/I: DOWN MONTHLY PRICE RANGE: (325-405) YEARLY
TRADING: UP UNDER TREND RESISTANCE@361 OPEN INTEREST UP UNDER TREND
TARGETS: (325 (347-361) 380) COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: MORE YEARLY O/I-DOWN MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: UP WEEKLY UNDER REVISED TREND+SUPPORT@931 O/I UP UNDER TREND
TARGETS: (844/(931-960) 989 ) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE
WHEAT (DEC/17): $0.45/BU, FREE WORLD STOCKS 16/17-147/MMT 17/18-137/MMT
TRENDS: PRICE: UP/MORE YEARLY O/-DOWN MONTHLY RANGE: (387-575) YEARLY
TRADING: UP DAILY UNDER TREND UPPORT@426 OPEN INTEREST FLAT OVER TREND
TARGETS: (387/(426-446) 466 ), COMMITMENTS OF TRADERS: LAST REPORT-NET NEUTRAL
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT,
TRENDS: PRICE: UP MONTHLY O/I-DOWN MONTHLY PRICE RANGE: (6810-8047) YEARLY
TRADING: UP-MONTHLY OVER TREND RESISTANCE AT 8130 O/I UP THROUGH TREND
TARGETS: (6810/(7965 8048-8130) COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL
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 O/I: DOWN MONTHLY PRICE RANGE: (325-405) YEARLY
TRADING: UP UNDER TREND RESISTANCE@361 OPEN INTEREST UP UNDER TREND
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-78/MMT 17/18-79/MMT
TRENDS: PRICE: MORE YEARLY O/I-DOWN MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: UP WEEKLY UNDER REVISED TREND+SUPPORT@931 O/I UP UNDER TREND
TARGETS: (844/(931-960) 989 ) COMMITMENTS OF TRADERS: LAST REPORT-NET INCREASE
TRENDS: PRICE: UP/MORE YEARLY O/-DOWN MONTHLY RANGE: (387-575) YEARLY
TRADING: UP DAILY UNDER TREND UPPORT@426 OPEN INTEREST FLAT OVER TREND
TARGETS: (387/(426-446) 466
DOLLAR CAD/USD: (SEP/17) 4.00 DAILY LIIMIT,
TRENDS: PRICE: UP MONTHLY O/I-DOWN MONTHLY PRICE RANGE: (6810-8047) YEARLY
TRADING: UP-MONTHLY OVER TREND RESISTANCE AT 8130 O/I UP THROUGH TREND
TARGETS: (6810/(7965 8048-8130) COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL
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