GRAINS-CAD/USD-TREND ANALYSIS-OCT 22/2018

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS; DIRECTION: 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 2.32/MMT PROJECTED
TRENDS: PRICE UP/REVISED LESS SO-OPEN INTEREST UP-VOLUME DOWN-RANGE (449-325)
TRADING: DOWN-MOMENTUM STEADY-MOVE DOWN-ALONG TREND-NET BUYING ABOVE 362 
TARGETS: (343 (362-380) 399)-COMMITMENTS/MOMENTUM: NON COMMERCIAL SHORT COVERING

SOYBEAN (NOV/18): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 1.28/MMT PROJECTED
TRENDS: PRICE DOWN/REVISED LESS SO-OPEN INTEREST DOWN-VOLUME DOWN-RANGE (1067-826)
TRADING: MOVE DOWN-MOMENTUM LOST-ALONG TREND-HIGHER CLOSE BELOW 869-NET BUYING
TARGETS: (812 (840-869) 897)-COMMITMENTS/MOMENTUM: NON COMMERCIAL SHORT COVERING

WHEAT (DEC/18): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.11/MMT PROJECTED
TRENDS: PRICE DOWN/MONTHLY-OPEN INTEREST SLOW RISE-VOLUME FLAT-RANGE (405-593)
TRADING: DOWN-MOMENTUM STEADY-MOVE DOWN-PARALLEL ABOVE TREND/505--SELLING
TARGETS: (485 (505-525) 545)-COMMITMENTS MOMENTUM: COMMERCIAL SHORT SELLING 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST FLAT-VOLUME DOWN-RANGE (8295-6810)
TRADING: FLAT-MOMENTUM LOST-MOVE DOWN-BELOW TREND/RESISTANCE@7653- IN OFFSET
TARGETS: (7566 (7653-7739)-7826)-COT/MOMENTUM NON COMMERCIAL SHORT COVERING