FARM COMMODITIES-TREND ANALYSIS-CLOSE JUNE 25/2018
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 UP-RANGE (449-325) 
TRADING: DOWN/MOVE UP-ACCELERATED-RESISTANCE@TREND/361 PREVAILED-SELLING 
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 DOWN-RANGE (1186-844)
TRADING: REVERSAL SIGNAL DOWN/ACCELERATED-SUPPORT@TREND/873-SELLING
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/STEEP-FRIDAY OPEN INTEREST-FLAT-VOLUME DOWN-RANGE (575-387)            
TRADING: MOVE DOWN/ACCELERATED-ON TREND-TESTED/CLOSED BELOW 485-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 HIGHS/DECELERATED-ON TREND-MET RESISTANCE@7553 LEVEL-NET SELLING
TARGETS: (7718 7635 (7553-7470) NET COMMITMENTS: (JUN19)-NON COMMERCIAL COVERING