FARM COMMODITIES-TREND ANALYSIS-JANUARY 19/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TRENDS,TARGETS MOVES
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (MAR/18): $0.25/BU, PROJECTED WORLD ENDING STOCKS UP 1.99 MMT            
TRENDS: PRICE: DOWN (LESS). OPEN INTEREST: UP. PRICE RANGE YEARLY: (449-325)           
TRADING: FLAT, UNABLE TO PENETRATE TOP OF SIDEWAYS MOVE @354, ABOVE TREND  
TARGETS: (359 (354-348) 343), COMMITMENTS OF TRADERS: GAINING MOMENTUM
 
SOYBEANS (MAR/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS UP 0.05 MMT
TRENDS: PRICE: UP. OPEN INTEREST: DOWN, PRICE RANGE YEARLY: (1186-844)
TRADING: MIXED IN MOVE UP ACCELERATING, RESISTANCE@TREND/983 PREVAILED,
TARGETS: (966 (972-977-983) 989), COMMITMENTS OF TRADERS: GAINING MOMENTUM

WHEAT (MAR/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 0.40 MMT          
TRENDS: PRICE: DOWN (LESS) OPEN INTEREST: UP. RANGE: (575)-387 YEARLY            
TRADING: MOVE UP, RESISTANCE @TREND/426 PREVAILED, POTENTIAL END OF MOVE.    
TARGETS: (431 (426-421) 416), COMMITMENTS OF TRADERS: GAINED MOMENTUM

DOLLAR CAD/USD: (MAR/18)  4.00 DAILY LIMIT                                
TRENDS: PRICE: UP (LESS). OPEN INTEREST: UP. PRICE RANGE: (6810-8295) YEARLY
TRADING: FLAT, POTENTIAL DOUBLE TOP, TREND/SUPPORT ABOVE 8007, BEARISH.   
TARGETS: (7965 (8007-8048) 8089). COMMITMENTS OF TRADERS: LESS MOMENTUM