FARM COMMODITIES-TREND ANALYSIS-CLOSE MAY 14/2018

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 (JUL/18): DAILY LIMIT $0.40/BU WORLD PROJECTED ENDING STOCKS DOWN 43.63MMT           
TRENDS: PRICE UP/LESS-OPEN INTEREST (MAY1) UP (SHORT SELLING)-LONG RANGE (449-325)
TRADING: DOWN-NARROWED-ABOVE TREND-TESTED 397/RESISTANCE-OFFSET BUYING
TARGETS: (388 392-(397-401) COMMITMENTS OF TRADERS-(MAY 08)-NET ACCUMULATION SHORT

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD PROJECTED ENDING STOCKS DOWN 4.10MMT
TRENDS: PRICE UP-OPEN INTEREST (MAY11) UP (SHORT SELLING)-LONG RANGE (1186-844)
TRADING: FLAT-WIDENED-ON/DOWNSIDE TREND-MET RESISTANCE@1024/TREND-NET BUYING
TARGETS: (1002-1007-1018-1024) COMMITMENTS OF TRADERS-(MAY08)-NET OFFSET LONG SIDE 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD PROJECTED ENDING STOCKS DOWN 6.89MMT         
TRENDS: PRICE-UP/LESS-OPEN INTEREST (MAY11) UP (SHORT SELLING)-RANGE-(575-387)            
TRADING: DOWN-WIDENED-MOVE DOWN-ABOVE TREND-MET SUPPORT@490-SELLING
TARGETS: (480 485 (490-495-500) COMMITMENTS OF TRADERS-(MAY08)-NET COVERING SHORT 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00 
TRENDS: PRICE DOWN-OPEN INTEREST (MAY11) FLAT (OFFSET SHORT) RANGE (8295-6810)
TRADING: FLAT-NARROWED-DOWNSIDE TREND-7800/SUPPORT-NET SELLING-LOWER HIGHS
TARGETS: (7883 7800 7718 7635) COMMITMENTS OF TRADERS-(MAY 08)-ACCUMULATION LONG