Monday, January 14, 2019

GRAINS-CAD/USD-TREND ANALYSIS-JAN14/2019

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: LINES JOINING: UPWARD-DISTINCT HIGHER LOWS-DOWNWARD DISTINCT LOWER HIGHS 
TRADING: DIRECTION. VOLATILE: LENGTH OF HIGH-LOW PRICE RANGE. ACTIVITY TREND TARGET 
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (MAR/19): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS: NO REPORT 
TRENDS: MAJOR UP-MINOR DOWN. OPEN INTEREST/UP-MORE. VOLUME/FLAT. RANGE (343-409)
TRADING: UP-MORE VOLATILE-MIXED-ABOVE MAJOR-RESISTANCE@MINOR/380
TARGETS: (343 (362-380) 399)-COMMITMENTS OF TRADERS: NO REPORT

SOYBEAN (MAR/19): DAY LIMIT $1.15/BU WORLD ENDING STOCKS: NO REPORT
TRENDS: MAJOR UP-MINOR/UP-LESS. OPEN INTEREST UP. VOLUME DOWN. (812-1067)
TRADING: DOWN-MORE VOLATILE-NET SELLING-ABOVE MAJOR-DOWNSIDE MINOR-ABOVE 897
TARGETS: (869 (897-926) 954)-COMMITMENTS OF TRADERS: NO REPORT

WHEAT MAR/19):
 DAILY LIMIT $0.55/BU WORLD ENDING STOCKS : NO REPORT
TRENDS: MAJOR UP-MINOR DOWN/LESS. OPEN INTEREST FLAT. VOLUME DOWN (405-593)
TRADING: FLAT MOVE-STEADY-NET SELLING-ABOVE MAJOR-TESTED RESISTANCE@MINOR/525  
TARGETS: 485 (505-525) 544)-COMMITMENTS OF TRADERS: NO REPORT

DOLLAR CAD/USD (MAR/19): DAILY LIMIT $4.00
TRENDS: MAJOR DOWN/LESS-MINOR DOWN. OPEN INTEREST DOWN. VOLUME DOWN.
TRADING: DOWN-LESS VOLATILE-MIXED-DOWNSIDE TOP/RESISTANCE@MAJOR/7566
TARGETS: (7393-(7480-7566) 7653)-COMMITMENTS OF TRADERS: NO REPORT

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