FARM COMMODITIES-TREND ANALYSIS-CLOSE MAR 28/2018

MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
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/LESS.OPEN INTEREST-UP.RANGE-YEARLY-(325-449)           
TRADING: FLAT.BELOW TREND.MAKING HIGHER LOW@374.IN OFFSET.STEADY
TARGETS: (361 379 397 415).COMMITMENTS.COMMERCIAL NET SHORT AND BUYING 

SOYBEANS (MAY/18): $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.74 MMT
TRENDS: PRICE-UP.OPEN INTEREST-UP.RANGE-YEARLY-(844-1186)
TRADING: TOP HEAD-SHOULDERS AWAITING CONFIRMATION.ABOVE TREND.DECELERATING
TARGETS: (960 989 (1018 1047).COMMITMENTS.COMMERCIAL NET SHORT AND BUYING 

WHEAT (MAY/18): $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,79 MMT         
TRENDS: PRICE-UP.OPEN INTEREST-UP.RANGE-YEARLY(387-575)            
TRADING: DOWN.ON TREND.ON GOOD SUPPORT POINT@446.NET SELLING.STEADY
TARGETS: (446 466) 485 505).COMMITMENTS-COMMERCIAL NET LONG AND COVERING 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE-DOWN/LESS STEEP. OPEN INTEREST-DOWN.RANGE-YEARLY-(6810-8295)
TRADING: BOTTOM HEAD-SHOULDERS IN PROGRESS.REPEAT RESISTANCE@7800.SELLING
TARGETS: (7840 (7749 7657) 7566).COMMITMENTS.NON COMMERCIAL NET LONG AND BUYING.