FARM COMMODITIES-TREND ANALYSIS-CLOSE MAY 24/2018 

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 ENDING STOCKS DOWN 43.63MMT PROJECTED
TRENDS: PRICE UP-OPEN INTEREST/(MAY23) UP (BUYING LONG)-LONG RANGE (449-325) 
TRADING: MOVE UP-MORESO-UPSIDE TREND-TESTED TOP-CLOSED BELOW 397-PROFIT TAKING 
TARGETS: 379 397 415 433 451 COMMITMENTS OF TRADERS-(MAY 15)-NET SELLING SHORT 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS DOWN 4.10MMT PROJECTED
TRENDS: PRICE UP-OPEN INTEREST (MAY23) UP (BUYING LONG)-LONG RANGE (1186-844)
TRADING: MOVE UP-MORESO-ABOVE TREND-TESTED 1047-CLOSED DOWN-PROFIT TAKING  
TARGETS: 989 1018 1047 1076 COMMITMENTS OF TRADERS-(MAY15)-NET COVERING SHORT 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 6.89MMT PROJECTED         
TRENDS: PRICE-UP/MORE-OPEN INTEREST (MAY23) UP (BUYING LONG)-RANGE-(575-387)            
TRADING: MOVE UP-UPSIDE TREND-TESTED TOP-MET RESISTANCE@544-OFFSET SELLING
TARGETS: 485 505 525 544 COMMITMENTS OF TRADERS-(MAY15)-NET SELLING SHORT 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: PRICE DOWN-OPEN INTEREST (MAY23) UP (OFFSET ACCUMULATION) 
TRADING: MOVE FLAT-STEADY-/DOWNSIDE TREND-MET SUPPORT@7749-NET SELLING
TARGETS: 7931 7840 7749 7657 COMMITMENTS OF TRADERS-(MAY 15)-NET OFFSET FLAT