GRAIN-CAD/USD-TREND ANALYSIS-DEC/12/2018

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TREND; DOWN-LINE JOINING DOWNWARD MAJOR HIGHS, UP-LINE JOINING UPWARD MAJOR LOWS
TRADING: DIRECTION. DEGREE OF VOLATILITY: LENGTH OF HIGH-LOW PRICE RANGE. ACTIVITY. 
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (MAR/19): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS 18/19 PROJECTED UP 7.92MMT
TRENDS: PRICE/DOWN-LAST REVISED UP. OPEN INTEREST UP. VOLUME UP, RANGE (409-343)
TRADING: UP-LESS VOLATILE/WEEKLY-IN OFFSET-ALONG TREND AS  RESISTANCE-ABOVE 380
TARGETS: (343 (362-380) 399)-COMMITMENTS/MOMENTUM: COMMERCIAL LONG LIQUIDATION

SOYS (JAN/19): DAILY LIMIT $1.15/BU WORLD ENDING STOCKS 18/19 PROJECTED UP 3.25/MMT
TRENDS: PRICE UP/LESS. OPEN INTEREST DOWN/MONTHLY, VOLUME FLAT, RANGE (1067-812)
TRADING: UP-MORE VOLATILE-NET BUYING-TOPSIDE TREND-MET RESISTANCE@926-LAST HIGH
TARGETS: (869 (897-926) 954)-COMMITMENTS/MOMENTUM: NON COMMERCIAL COVERING

WHEAT MAR/19): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS 18/19 PROJECTED UP 1.29MMT
TRENDS: PRICE UP/LESS. OPEN INTEREST DOWN/WEEKLY. VOLUME FLAT RANGE (405-593)
TRADING: FLAT/WEEKLY-LESS VOLATILE-NET BUYING-BELOW TREND-CLOSED ABOVE 525
TARGETS: (485 (505-525) 544)-COMMITMENTS MOMENTUM: NON COMMERCIAL LIQUIDATION 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE DOWN, OPEN INTEREST DOWN, VOLUME DOWN, RANGE (8295-6810)
TRADING: UP-MORE VOLATILE/DAILY-NET BUYING-ABOVE TREND/7480-MOVE DOWN
TARGETS: (7310 (7393-7480) 7566)-COMMITMENTS MOMENTUM: COMMERCIAL ACCUMULATION