FARM COMMODITIES-TREND ANALYSIS-CLOSE MAR 15/2018
TRENDS: MOVE DOWN-ON LOWER HIGHS.MOVE 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 (MAY/18): $0.25/BU.WORLD ENDING STOCKS PROJECTED DOWN 3.97 MMT
TRENDS: PRICE-UP/MODERATE.OPEN INTEREST-UP/STEEP-FLAT.YEARLY RANGE-(325-449)
TRADING: MOVE/DOWN.OVERBOUGHT.TESTING SUPPORT@388.NET SELLING.ACCELERATED
SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.74 MMT
TRENDS: PRICE-UP/LESS-REVISED.OPEN INTEREST-UP/MODERATE.YEARLY RANGE-(844-1186)
TRADING: MOVE/DOWN.ON/CLOSED@TREND.MINOR SUPPORT@1030.NET BUYING.DECELERATED
TARGETS: (989 (1018 1047) 1076) MOMENTUM.NON COMMERCIAL BUYING LONG
TRENDS: PRICE-UP/LESS STEEP.OPEN INTEREST-UP/LESS.YEARLY RANGE-(387-575)
TRADING: MOVE/DOWN.OVERBOUGHT.SUPPORT BELOW 480.NET SELLING.ACCELERATED
TRADING: MLVE DOWN.ON TREND.MET SUPPORT@7657.SELLING.ACCELERATED
TARGETS (MAJOR) (7840 (7749 7657) 7566). MOMENTUM-COMMERCIAL SELLING SHORT
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