FARM COMMODITY/TREND ANALYSIS/ MAY 18/2017 
MARKETS: PRICE SUPPLY/DEMAND USING RELATIVE STRENGTH OF TRADING
TREND: A LINE DOWN JOINS LOWER HIGHS, UP, JOINS HIGHER LOWS 
TRADING: DIRECTION, ACTIVITY, RELATIVE STRENGTH OF TREND, TARGETS 
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES, RESISTANCE, SUPPORT 

CORN (JUL/17): $0.25/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,                
TREND: MONTHLY-LINE/UP, OPEN INTEREST/DOWN             RANGE (351-385)   
TRADING: HIGHER, BUYING, CONVERGING TRENDS, MET RESISTANCE @ TOP/972     
TARGETS: UP, (351 360 372 377 385), RELATIVE STRENGTH OF COMMITMENTS/UP,  

SOYS (JUL/17): $0.70/BU, DAY 1 LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/DOWN    RANGE (987-943)
TRADING: LOWER, COLLAPSED, MET 943 AS SUPPORT, TESTED/CLOSED BELOW TREND 
TARGETS: DOWN, (978 968 954 943)  RELATIVE STRENGTH OF COMMITMENTS/DOWN

WHEAT (JUL/17): $0.30/BU INITIAL LIMIT, FREE WORLD STOCKS PROJECTED/DOWN,         
TREND: MONTHLY-LINE/UP, OPEN INTEREST/UP              RANGE (422-457)
TRADING: FLAT, NET SELLING, CONTINUED SUPPORT @ 422, CLOSED @ TREND                           
TARGETS: UP, (422 434 443 457)  RELATIVE STRENGTH OF COMMITMENTS/FLAT

DOLLAR CAD/USD: (JUN/17)  4.00 DAILY LIIMIT.       UPSIDE TREND/7332                              
TREND: MONTHLY-LINE/DOWN, OPEN INTEREST/FLAT      RANGE (7717-7260)-
TRADING: LOWER, NET SELLING, TOPPY @ 7362, SUPPORT @ TREND,                          
TARGETS: (7433 7362 7332 7298 7260)  RELATIVE STRENGTH OF COMMITMENTS/UP     

HEATING OIL ULSD: (JUN/17),  25 CENT DAILY LIMIT, TRADED BELOW REVISED TREND                     
TREND: MONTHLY-LINE DOWN, LESS SO, OPEN INTEREST/DOWN, RANGE (164-141)
TRADING: HUGHER, NET BUYING, TESTED/CLOSED ABOVE 153 AS RESISTANCE  
TARGETS: DOWN, (161 153 146 141)  RELATIVE STRENGTH OF COMMITMENTS/DOWN,