GRAIN-CAD/USD-TREND ANALYSIS-DEC/04/2018

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 LENGTH)-ACTIVITY-TRENDS-TARGETS
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES RESISTANCE/SUPPORT

CORN (MAR/19): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS UP 2.32/MMT PROJECTED
TRENDS: PRICE-DOWN. OPEN INTEREST UP, VOLUME DOWN, RANGE (449-325)
TRADING: FLAT-MORE MOMENTUM-NET BUYING-ABOVE TREND-SUPPORT@PREVIOUS HIGHS/380
TARGETS: (343 (362-380) 399)-COMMITMENTS/MOMENTUM: NON COMMERCIAL LIQUIDATION

SOYBEAN (JAN/19): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS UP 1.28/MMT PROJECTED
TRENDS: PRICE UP/MORE. OPEN INTEREST DOWN/LESS, VOLUME DOWN, RANGE (1067-812)
TRADING: DOWN-LESS MOMENTUM-NET BUYING-ON SUPPORT@TREND/PREVIOUS HIGH/897
TARGETS: (869 (897-926) 954)-COMMITMENTS/MOMENTUM: NON COMMERCIAL COVERING

WHEAT MAR/19): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS DOWN 1.11/MMT PROJECTED
TRENDS: PRICE DOWN/LESS. OPEN INTEREST DOWN VOLUME DOWN RANGE (405-593)
TRADING: FLAT-LESS MOMENTUM-NET BUYING-RESISTANCE@TREND/525/PREVIOUS HIGH
TARGETS: (485 (505-525) 544)-COMMITMENTS MOMENTUM: COMMERCIAL COVERING 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE UP, OPEN INTEREST UP, VOLUME FLAT, RANGE (8295-6810)
TRADING: FLAT-LESS MOMENTUM-NET SELLING-ABOVE TREND-CLOSED BELOW 7566 AS SUPPORT
TARGETS: (7480-(7566-7653) 7739)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION