GRAINS-CAD/USD-TREND ANALYSIS-OCT/18/2018

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 DOWN-OPEN INTEREST DOWN-VOLUME DOWN-RANGE (449-325)
TRADING: DOWN-MOMENTUM STEADY-MOVE DOWN-ABOVE TREND-MID (362-380)-NET SELLING
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 LAST REVISED LESS-OPEN INTEREST UP-VOLUME FLAT-RANGE (1067-826)
TRADING: DOWN-MOMENTUM GAINED-MOVE DOWN-ABOVE TREND-CLOSED BELOW 869-SELLING
TARGETS: (840 (869-897) 897)-COMMITMENTS/MOMENTUM: NON COMMERCIAL LONG LIQUIDATION

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 DOWN/FLAT-RANGE (405-593)
TRADING: DOWN-MOMENTUM STEADY-MOVE DOWN-ABOVE TREND-MID (525-505)-NET SELLING
TARGETS: (485 (505-525) 545)-COT MOMENTUM: COMMERCIAL/COMMERCIAL LONG ACCUMULATION 

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