FARM COMMODITIES-TREND ANALYSIS-CLOSE APR 30/2018

MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: PRICE DOWN-ON LOWER HIGHS. PRICE UP-ON HIGHER LOWS 
TRADING: POSITION/LENGTH OF PRICE RANGE. RELATIVE TO MOVES TRENDS TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE SUPPORT

CORN (MAY/18): 1ST NOTICE: $0.25/BU.WORLD ENDING STOCKS PROJECTED DOWN 1.34 MMT            
TRENDS: PRICE UP-OPEN INTEREST/27TH DOWN (SHORT COVERING)-RANGE YEARLY-(325-449)           
TRADING: UP/ NARROWED-MOVE UP-ABOVE TREND-RESISTANCE@397-IN OFFSET
TARGETS: (343 (361-379) 397 COMMITMENTS OF TRADERS REPORT: NET LIQUIDATION

SOYBEANS (MAY/18): FIRST NOTICE $0.70/BU,WORLD ENDING STOCKS PROJECTED DOWN 3.60 MMT
TRENDS: PRICE UP-OPEN INTEREST/27TH DOWN (SHORT COVERING)-RANGE YEARLY-(844-1186)
TRADING: UP/NARROWED-MOVE UP-ABOVE TREND-MET RESISTANCE ABOVE 1047-NET SELLING
TARGETS: (1018-1030-1047) 1062) COMMITMENTS OF TRADERS REPORT: NET LIQUIDATION 

WHEAT (MAY/18): FIRST NOTICE $0.45/BU.WORLD ENDING STOCKS PROJECTED UP 2,33 MMT         
TRENDS: PRICE-UP. OPEN INTEREST/27TH FLAT (OFFSET). RANGE YEARLY-(387-575)            
TRADING: UP/WIDENED-MOVE UP-GAP/SPIKED ABOVE TREND-MET RESISTANCE@515-BUYING.
TARGETS: (466 485 505 525) COMMITMENTS OF TRADERS REPORT: NET ACCUMULATION 

DOLLAR CAD/USD: (JUN/18)  4.00 DAILY LIMIT 
TRENDS: PRICE DOWN-OPEN INTEREST/27TH FLAT (OFFSET) RANGE YEARLY-(6810-8295)
TRADING: FLAT/NARROWED-MOVE DOWN-RESISTANCE@7801-POTENTIAL TOP HEAD SHOULDER
TARGETS: (7696 7744 (7763-7801) COMMITMENTS OF TRADERS REPORT: NET LIQUIDATION