FARM COMMODITIES-TREND ANALYSIS-CLOSE JUNE 12/2018 

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 4.46MMT PROJECTED
TRENDS: DOWN-STEEP-OPEN INTEREST-DOWN LONG SELLING-VOLUME FLAT-RANGE (449-325) 
TRADING: FLAT-MOVE DOWN/STEADY-AWAY FROM TREND-SUPPORT @361-NET BUYING 
TARGETS: (397 (379-361) 343) COMMITMENTS OF TRADERS-(JUN05)-NET SELLING SHORT 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 0.32MMT PROJECTED
TRENDS: DOWN/STEEP-OPEN INTEREST-DOWN LONG SELLING-VOLUME-FLAT-RANGE (1186-844)
TRADING: MOVE DOWN/DECELERATED-ON TREND-TESTED/CLOSED BELOW RESISTANCE@960-SELLING
TARGETS: (902 (931-960) 989 1018) COMMITMENTS OF TRADERS-(JUN05)-NET SHORT COVERING 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS UP 1.83MMT PROJECTED         
TRENDS: PRICE-UP-OPEN INTEREST-DOWN OFFSET SELLING-VOLUME UP-RANGE (575-387)            
TRADING: UP/ACCELERATED-ON TREND-TESTED/CLOSED BELOW 545-BUYING
TARGETS: (485 (505-525-545) 565) COMMITMENTS OF TRADERS-(JUN05)-NET BUYING LONG 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: PRICE-DOWN/MODERATE-OPEN INTEREST DOWN COVERING-VOLUME UP
TRADING: FLAT-MOVE DOWN-DECELERATED-ON TREND-RESISTANCE BELOW 7718-NET SELLING
TARGETS: (7883 7800 (7718-7635)) COMMITMENTS OF TRADERS-(JUN05)-NET BUYING LONG