FARM COMMODITIES-TREND ANALYSIS-FEBRUARY 27/2018
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 DOWN 3.48 MMT            
TRENDS: PRICE-UP, OPEN INTEREST-DOWN/CH EXPIRY, PRICE RANGE, YEARLY-(325-449)           
TRADING: UP/NET BUYING, ALONG TREND, TESTED/CLOSED ABOVE 370 IN HIGHER RANGE              
TARGETS: (361 (365 370 374) 379), COMMITMENTS: UP, NON COMMERCIALS, MORE NET LONG
 
SOYBEANS (MAR/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS DOWN O.43 MMT
TRENDS: PRICE-UP/(LESS STEEP), OPEN INTEREST- UP/LESS, PRICE RANGE, YEARLY-(844-1186)
TRADING: DOWN/NET BUYING, ABOVE/CLOSER TO TREND, CLOSED UP/BELOW RESISTANCE@1041 
TARGETS: (1030 (1035 1041 1047,) COMMITMENTS: UP, NON COMMERCIALS, MORE NET LONG,

WHEAT (MAR/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 1.92 MMT          
TRENDS: PRICE-UP, OPEN INTEREST-DOWN/CH EXPIRY, RANGE-(387-575) YEARLY            
TRADING: UP/OFFSET, UP/ABOVE TREND, DOUBLE RESISTANCE@465-DEESCALATED    
TARGETS: (446 455 (460 465), COMMITMENTS: COMMERCIALS, MORE NET LONG, COVERING

DOLLAR CAD/USD: (MAR/18)  4.00 DAILY LIMIT                                
TRENDS: PRICE-UP/(LAST REVISED). OPEN INTEREST-DOWN/(LESS). PRICE RANGE-(6810-8295) YEARLY
TRADING: DOWN/SELLING, TESTED TREND/7924, CLOSED ON TREND ABOVE 7924. MOVE DOWNWARD
TARGETS: (7800 7883) 7924 7965). COMMITMENTS: NON COMMERCIALS, LESS NET LONG, SELLING