GRAINS-CAD/USD TREND ANALYSIS-NOV 19/2018

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-UP/LESS-(2ND REVISION)-OPEN INTEREST DOWN-VOLUME DOWN-RANGE (449-325)
TRADING: DOWN-MOVE DOWN-LOST MOMENTUM-BELOW TREND-GOOD SUPPORT@362-NET SELLING
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-(2ND REVISION)-OPEN INTEREST-FLAT-VOLUME FLAT-RANGE (1067-826)
TRADING: MOVE DOWN-GAINED MOMENTUM-TESTED TREND/SUPPORT-CLOSED ABOVE 869-SELLING
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: MOVE DOWN-GAINED MOMENTUM-TESTED/CLOSED ABOVE TREND/SUPPORT-MID (505-485)
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 DOWN-RANGE (8295-6810)
TRADING: DOWN-MOVE UP-EQUAL MOMENTUM-ABOVE TREND-(MID RANGE)-MAJOR HIGH-NET SELLING
TARGETS: (7480 (7566-7653)-7739)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION