FARM COMMODITIES-TREND ANALYSIS-JANUARY 18/2018
MARKETS: PRICE SUPPLY/DEMAND USING PREVAILING MOMENTUM OF TRADING
TRENDS: DOWN-ON LOWER HIGHS, UP-ON HIGHER LOWS (PREVAILING MOMENTUM)
TRADING: POSITION OF PRICE RANGE, RELATIVE TO TRENDS,TARGETS MOVES
TARGETS: PROJECTED PRICE LEVELS AS OBJECTIVES/RESISTANCE/SUPPORT

CORN (MAR/18): $0.25/BU, PROJECTED WORLD ENDING STOCKS UP 1.99 MMT            
TRENDS: PRICE: DOWN (LESS). OPEN INTEREST: UP. PRICE RANGE YEARLY: (449-325)           
TRADING: UP, DECELERATED, SELLING AB0VE TREND, DOUBLE RESISTANCE@354  
TARGETS: (359 (354-348) 343), COMMITMENTS OF TRADERS: GAINING MOMENTUM
 
SOYBEANS (MAR/18): $0.70/BU, PROJECTED WORLD ENDING STOCKS UP 0.05 MMT
TRENDS: PRICE: UP (MORE). OPEN INTEREST: UP, PRICE RANGE YEARLY: (1186-844)
TRADING: UP, BUYING, DOWNSIDE TREND, TRIPLE RESISTANCE@975, MOMENTUM/FLAT
TARGETS: (960 (965-970-975) 980), COMMITMENTS OF TRADERS: GAINING MOMENTUM

WHEAT (MAR/18): $0.45/BU, PROJECTED WORLD ENDING STOCKS DOWN 0.40 MMT          
TRENDS: PRICE: DOWN (LESS) OPEN INTEREST: UP (FLAT). RANGE: (575)-387 YEARLY            
TRADING: UP, DECELERATED, BUYING, HIGHER LOW, ABOVE TREND, CLOSED@425    
TARGETS: (430 (425-420) 415), COMMITMENTS OF TRADERS: LESS MOMENTUM

DOLLAR CAD/USD: (MAR/18 NEW)  4.00 DAILY LIMIT                                
TRENDS: PRICE: UP (LESS). OPEN INTEREST: UP. PRICE RANGE: (6810-8295) YEARLY
TRADING: FLAT,DECELERATED, BUYING, UPSIDE TREND, TESTED/CLOSED ABOVE 8048,  
TARGETS: (7883 (7965-8048) 8130). COMMITMENTS OF TRADERS: GAINED MOMENTUM