FARM COMMODITIES-TREND ANALYSIS-SEPTEMBER 12/2017
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 16/17-126/MMT 17/18-121/MMT
TRENDS: PRICE; UP YEARLY O/I: DOWN MONTHLY PRICE RANGE: (325-405) YEARLY
TRADING: DOWN WEEKLY BELOW TREND-SUPPORT@343 O/I UP BELOW TREND
SOYBEANS (NOV/17): $0.70/BU, FREE WORLD STOCKS 16/17-76/MMT 17/18-78/MMT
TRENDS: PRICE: MORE YEARLY O/I: DOWN MONTHLY PRICE RANGE: (844-1196) YEARLY
TRADING: DOWN TESTED SUPPORT@TREND/946 OPEN INTEREST UP BELOW TREND
TARGETS: (844/(931-960) 974) COMMITMENTS OF TRADERS: LAST REPORT-NET DECREASE
TRENDS: PRICE: UP/MORE YEARLY O/I: DOWN MONTHLY RANGE: (387-575) YEARLY
TRADING: UP BELOW TREND/446 OPEN INTEREST FLAT ABOVE 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: (6810-8295) YEARLY
TRADING: FLAT-ABOVE TREND BELOW RESISTANCE@8295 O/I UP ABOVE TREND
TARGETS: (6810/(8213-8295) 8378 COMMITMENTS-TRADERS: LAST REPORT-NET NEUTRAL
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