GRAIN-CAD/USD-TREND ANALYSIS-DEC/03/2018

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 (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: UP/GAP-MOVE UP-LESS MOMENTUM-ABOVE RESISTANCE@TREND/HIGHS/380-NET SELLING
TARGETS: (325 (343-362) 380)-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, VOLUME UP, RANGE (1067-826)
TRADING: UP/GAP-MOVE UP/STEEP-MORE MOMENTUM-ABOVE HIGHS/897-SELLING
TARGETS: (840 (869-897) 926)-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: UP/STEEP-MORE MOMENTUM-ABOVE TREND-TESTED RESISTANCE@505-NET SELLING
TARGETS: (466 (485-505) 525)-COMMITMENTS MOMENTUM: COMMERCIAL COVERING 

DOLLAR CAD/USD: (DEC/18) DAILY LIMIT $4.00
TRENDS: PRICE UP, OPEN INTEREST UP, VOLUME UP, RANGE (8295-6810)
TRADING: UP-MOVE UP-MORE MOMENTUM-ABOVE TREND-CLOSED ABOVE 7566-NET BUYING
TARGETS: (7393 (7480-7566) 7653)-COMMITMENTS MOMENTUM: COMMERCIAL LONG LIQUIDATION