FARM COMMODITIES-TREND ANALYSIS-CLOSE JUNE 20/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: PRICE/MOVES 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/LESS-LAST OPEN INTEREST UP-VOLUME DOWN-RANGE (449-325) 
TRADING: FLAT HIGH/DECELERATED-OVERSOLD TREND-RESISTANCE@361-HIGHER LOW-OFFSET 
TARGETS: (379-(361-343) 325) NET COMMITMENTS: (JUN12)-NON COMMERCIAL SHORT SELLING 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 0.32MMT PROJECTED
TRENDS: DOWN/STEEP-LAST OPEN INTEREST DOWN-VOLUME-DOWN-RANGE (1186-844)
TRADING: FLAT/DECELERATED-OVERSOLD TREND-RESISTANCE @902-HIGHER LOW-NET SELLING
TARGETS: (931 (902-873) 844) NET COMMITMENTS: (JUN 12)-NON COMMERCIAL SHORT SELLING 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS UP 1.83MMT PROJECTED         
TRENDS: PRICE-DOWN/STEEP-LAST OPEN INTEREST-DOWN-VOLUME DOWN-RANGE (575-387)            
TRADING: FLAT HIGH/DECELERATED-OVERSOLD TREND-TESTED/CLOSED ABOVE 485-BUYING-
TARGETS: (505 (485-466) 446) NET COMMITMENTS:(JUN12)-NON COMMERCIAL LONG SELLING 

DOLLAR CAD/USD: (JUN/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: PRICE-DOWN/STEEP-LAST OPEN INTEREST UP/LESS-VOLUME VIRTUALLY FLAT
TRADING: DOWN-DECELERATED-OFF TREND-OVERBOUGHT-BELOW RESISTANCE@7553-SELLING
TARGETS: (7718 7635 (7553-7470) NET COMMITMENTS: (JUN12)-NON COMMERCIAL COVERING