Thursday, January 31, 2019

MAJOR GRAINS-CAD/USD-TRENDS-JAN31/2019

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM/FORCE OF TRADING
TRENDS: LINES JOINING: UPWARD-DISTINCT HIGHER LOWS-DOWNWARD DISTINCT LOWER HIGHS 
TRADING: DIRECTION. MOMENTUM: HIGH-LOW PRICE RANGE/LENGTH-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/FLAT. (343-409)
TRADING:LOWER-GAINED MOMENTUM-SELLING-RESISTANCE@MINOR/380 PREVAILED
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. OPEN INTEREST/FLAT. VOLUME/FLAT. (812-1067)
TRADING: LOWER-GAINED MOMENTUM=NET SELLING-FROM 926/MET SUPPORT@MINOR 
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. OPEN INTEREST/UP. VOLUME/FLAT (405-593)
TRADING: HIGHER-STEADY MOMENTUM-MIXED-ABOVE MINOR-MID RANGE BELOW 525   
TARGETS: 485 (505-525) 544)-COMMITMENTS OF TRADERS: NO REPORT

DOLLAR CAD/USD (MAR/19): DAILY LIMIT $4.00                           RANGE: (6810-8295)
TRENDS: MAJOR/DOWN-MINOR/UP-LESS. OPEN INTEREST UP. VOLUME/UP.
TRADING: FLAT=LOST MOMENTUM-NET BUYING-ABOVE MAJOR AND MINOR BELOW 7653
TARGETS: (7480 (7566-7653) 7739)-COMMITMENTS OF TRADERS: NO REPORT

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