Tuesday, January 15, 2019

GRAINS-CAD/USD-TREND ANALYSIS-JAN15/2019

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. VOLUME/UP. RANGE (343-409)
TRADING: DOWN-MORE VOLATILE-SELLING-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/DOWN/STEEP. OPEN INTEREST TOPPY. VOLUME FLAT. (812-1067)
TRADING: DOWN-MORE VOLATILE-SELLING-ABOVE MAJOR-DOWNSIDE MINOR-PENETRATED 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 FLAT (405-593)
TRADING: DOWN-STEADY-NET SELLING-ABOVE MAJOR-BELOW MINOR-ABOVE 505  
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: UP-MORE VOLATILE-MATCHED SELLING-BELOW MAJOR-RESISTANCE HELD@7566
TARGETS: (7393-(7480-7566) 7653)-COMMITMENTS OF TRADERS: NO REPORT

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