GRAINS/CADUSD-TREND ANALYSIS-SEP 12/2018

MARKETS: PRICE SUPPLY/EMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS; LINES DOWN-CONNECTING LOWER HIGHS, UP-CONNECTING HIGHER LOWS
TRADING: DIRECTION/LENGTH OF PRICE RANGE. RELATIVE TO MOVES-TRENDS-TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE/SUPPORT

CORN (DEC/18): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS UP 1.54/MMT PROJECTED
TRENDS: PRICE DOWN-OPEN INTEREST DOWN/LESS-VOLUME HIGH-RANGE (449-325)
TRADING: DOWN-MORE VOLATILITY-OVERSOLD-DIP BELOW 361-POTENTIAL BOTTOM-SELLING
TARGETS: (397 (379-361) 343)-COMMITMENTS: COMMERCIAL LIQUIDATION LONG/SHORT

SOYBEAN (NOV/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 2.32/MMT PROJECTED
TRENDS: PRICE DOWN/3RD REVISED-OPEN INTEREST UP/MORE-VOLUME-FLAT-RANGE (1186-826)
TRADING: MOVE DOWN-MORE VOLATILITY-ON TREND-TESTED 826/PREVIOUS LOW-NET BUYING
TARGETS: (880 (852-826) 797)-COMMITMENTS REPORT: NON COMMERCIAL SHORT SELLING

WHEAT (DEC/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS UP 2.33/MMT PROJECTED
TRENDS: PRICE DOWN-OPEN INTEREST FLAT-VOLUME FLAT-RANGE (575-387)
TRADING: DOWN-MORE VOLATILITY-CLOSED BELOW CONVERGING LINE UP-ABOVE 505-NET SELLING
TARGETS: (544 (525-505) 485)-COMMITMENTS REPORT: COMMERCIAL LIQUIDATION LONG AND SHORT

DOLLAR CAD/USD: (SEP/18) DAILY LIMIT $4.00
TRENDS: PRICE UP-OPEN INTEREST UP/LESS-VOLUME UP-RANGE (8295-6810)
TRADING: UP-MOVE UP-LESS VOLATILITY-UPSIDE TREND/PREVIOUS LOWS-BELOW 7718-BUYING
TARGETS: (7553 (7635-7718) 7800)-COMMITMENTS REPORT: COMMERCIAL LONG ACCUMULATION