FARM COMMODITIES-TREND ANALYSIS-CLOSE MAY 31/2018 

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'/LESS-OPEN INTEREST-(MAY30) UP (ROLLING N/H)-RANGE (449-325) 
TRADING: FLAT-MOVE DOWN/NARROWED-ON TREND-REPEAT RESISTANCE@397-OFFSET SELLING 
TARGETS: (379 84 88 93 397 406) COMMITMENTS OF TRADERS-(MAY 22)-NET SELLING SHORT 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS DOWN 4.10MMT PROJECTED
TRENDS: PRICE UP-OPEN INTEREST-(MAY30) DOWN (OFFSET SELLING-N)-LONG RANGE (1186-844)
TRADING: FLAT-MOVE DOWN/STEADY-OFF/BELOW TREND-REPEAT RESISTANCE@1030-NET SELLING
TARGETS: (1007 13 18 24 30 36 41 1047) COMMITMENTS OF TRADERS-(MAY22)-NET COVERING 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 6.89MMT         
TRENDS: PRICE-UP-OPEN INTEREST-(MAY30) FLAT (OFFSET BUYING)-RANGE (575-387)            
TRADING: MOVE DOWN/NARROWED-OFF/BELOW TREND-REPEAT SUPPORT@520-NET SELLING
TARGETS: (500 505 10 15 20 525 31 35) COMMITMENTS OF TRADERS-(MAY22)-NET COVERING 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: PRICE DOWN/MORE-OPEN INTEREST(MAY30) UP (LONG BUYING)  
TRADING: UP-MOVE DOWN-NARROWED-ON TREND-CONTINUED RESISTANCE@7800-NET SELLING
TARGETS: 7883 7800 7718 7662) COMMITMENTS OF TRADERS-(MAY 22)-NET COVERING