FARM COMMODITIES-TREND ANALYSIS-CLOSE JUNE 22/2018
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-FRIDAY OPEN INTEREST DOWN/ROLLING-VOLUME DOWN-RANGE (449-325) 
TRADING: MOVE UP/DECELERATED-RESISTANCE@TREND-BELOW 361-OFFSET BUYING 
TARGETS: (379-(361-343) 325) NET COMMITMENTS: (JUN19)-NON COMMERCIAL SHORT SELLING 

SOYBEANS (JUL/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 0.32MMT PROJECTED
TRENDS: DOWN-FRIDAY OPEN INTEREST DOWN/COVERING-VOLUME FLAT-RANGE (1186-844)
TRADING: FLAT LOW/ACCELERATED-ON/UPSIDE TREND-HIGHER HIGH-BELOW 902-BUYING
TARGETS: (931 (902-873) 844) NET COMMITMENTS: (JUN 19)-NON COMMERCIAL SHORT SELLING 

WHEAT (JUL/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS UP 1.83MMT PROJECTED         
TRENDS: DOWN/LESS-FRIDAY OPEN INTEREST-FLAT-VOLUME DOWN-RANGE (575-387)            
TRADING: FLAT/MOVE UP-DECELERATED-BELOW TREND-THROUGH 485-NET SELLING
TARGETS: (505-485) 466 446) NET COMMITMENTS:(JUN19)-COMMERCIAL SHORT COVERING 

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: PRICE-DOWN/LESS STEEP-FRIDAY OPEN INTEREST UP-VOLUME DOWN
TRADING: FLAT/ACCELERATED-BESIDE TREND-MET RESISTANCE@7553 LEVEL-NET BUYING
TARGETS: (7718 7635 (7553-7470) NET COMMITMENTS: (JUN19)-NON COMMERCIAL COVERING