GRAINS-CAD/USD TREND ANALYSIS NOV 14/2018

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND; DOWN-LINE JOINING DOWNWARD MAJOR HIGHS, UP-LINE JOINING UPWARD MAJOR LOWS
TRADING: DIRECTION-MOMENTUM PRICE RANGE-PRICE MOVES-TRENDS-TARGETS+COMMENT
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-CONSOLIDATION-OPEN INTEREST UP/FLAT-VOLUME DOWN-RANGE (449-325)
TRADING: FLAT-LESS MOMENTUM-BELOW TREND-SIGNALS DOUBLE TOP ABOVE 362-NET BUYING
TARGETS: (343 (362-380) 399)-COMMITMENTS/MOMENTUM: COMMERCIAL SHORT SELLING

SOYBEAN (JAN/19): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 1.28/MMT PROJECTED
TRENDS: PRICE UP/LESS-1ST REVISION-OPEN INTEREST-FLAT-VOLUME DOWN/FLAT-RANGE (1067-826)
TRADING: FLAT-MOVE UP-LESS MOMENTUM-TESTED TREND-RESISTANCE@MID (869-897)-NET BUYING
TARGETS: (840 (869-897) 926)-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/LESS-2ND REVISION-OPEN INTEREST DOWN-VOLUME DOWN-RANGE (405-593)
TRADING: DOWN-MOVE UP-LESS MOMENTUM-SUPPORT@TREND/505-NET SELLING-LOOKS TOPPY
TARGETS: (466 (485-505) 525)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST UP/FLAT-VOLUME UP-RANGE (8295-6810)
TRADING: FLAT-MOVE DOWN-MORE MOMENTUM-PENETRATED TREND/CLOSED@7566-OFFSET
TARGETS: (7566 (7653-7739)-7826)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION