FARM COMMODITIES-TREND ANALYSIS-CLOSE JUNE 28/2018
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-OPEN INTEREST DOWN YESTERDAY-VOLUME DOWN-RANGE (449-325) 
TRADING: MOVE DOWN-MORE MOMENTUM-ON TREND-CLOSE TO MAJOR SUPPORT@343-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/STEEP-OPEN INTEREST DOWN YESTERDAY-VOLUME DOWN-RANGE (1186-844)
TRADING: MOVE DOWN-LESS MOMENTUM-LESS STEEP-CLOSE BELOW 873-NET 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-OPEN INTEREST DOWN YESTERDAY-VOL LOW-RANGE (575-387)            
TRADING: MOVE UP-LESS MOMENTUM-ASIDE TREND-MET RESISTANCE@485-MATCHED BUYING
TARGETS: (505 (485-466) 446) NET COMMITMENTS:(JUN19)-COMMERCIAL SHORT COVERING 

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00                               RANGE (8295-6810)
TRENDS: DOWN/LESS STEEP-OPEN INTEREST DOWN YESTERDAY-VOLUME UP
TRADING: UP-FLAT MOVE-STEADY MOMENTUM-ASIDE TREND-MORE RESISTANCE@7553-BUYING
TARGETS: (7635 (7553-7470) 7388) NET COMMITMENTS: (JUN19)-NON COMMERCIAL COVERING