GRAINS-CAD/USD TREND ANALYSIS-NOV 27/2018

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-DOWN/NEW-OPEN INTEREST DOWN (ROLLING)-VOLUME FLAT-RANGE (449-325)
TRADING: FLAT-LOST MOMENTUM-BELOW TREND/362-CLOSE FLAT-MATCHED SELLING
TARGETS: (325 (343-362) 380)-COMMITMENTS/MOMENTUM: NON COMMERCIAL LONG LIQUIDATION

SOYBEAN (JAN/19): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 1.28/MMT PROJECTED
TRENDS: PRICE UP/LESS-(3RD/LAST REVISION)-OPEN INTEREST-UP-VOLUME FLAT-RANGE (1067-826)
TRADING: FLAT-MOVE DOWN-LOST MOMENTUM-ABOVE TREND-CLOSE ABOVE 869-NET BUYING
TARGETS: (840 (869-897) 926)-COMMITMENTS/MOMENTUM: COMMERCIAL LONG LIQUIDATION

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 LOW-RANGE (405-593)
TRADING: DOWN-TOPPY-GAINED MOMENTUM-ABOVE TREND-CLOSE BELOW RESISTANCE@505-SELLING
TARGETS: (466 (485-505) 525)-COMMITMENTS MOMENTUM: COMMERCIAL SHORT COVERING 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN-OPEN INTEREST FLAT-VOLUME FLAT-RANGE (8295-6810)
TRADING: DOWN-MOVE DOWN-GAINED MOMENTUM-UPSIDE TREND-DOWNSIDE 7566-NET SELLING
TARGETS: (7393 (7480-7566) 7653)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION