MAJOR GRAINS-CAD/USD-TREND ANALYSIS-MAR08/2019-FRIDAY

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 (MAY/19): DAILY LIMIT $0.40/BU WORLD ENDING STOCKS: 2018/19 PROJ DOWN 1.25MMT
TRENDS: PRICE: MAJOR/UP-MINOR/DOWN. OPEN INTEREST: UP. VOLUME: DOWN (343-409)
TRADED: LOWER-DECELERATED-SELLING-BELOW MAJOR-ABOVE MINOR-UPSIDE 362 AS SUPPORT
TARGETS: (343 (362-380) 399)-COT MAR05/2019 NON COMMERCIAL NET SHORT/SOLD SHORT

SOYBEAN (MAY/19): DAY LIMIT $1.15/BU WORLD ENDING STOCKS: 2018/19 PROJ UP 0.45MMT
TRENDS: PRICE: MAJOR/UP-MINOR/DOWN-STEEP. OPEN INTEREST: UP. VOL FLAT (812-1067)
TRADED: LOWER-ACCELERATED-SELLING-ABOVE MAJOR-ALONG MINOR-CLOSED BELOW 897
TARGETS: (869 (897-926) 954)-COT MAR05/2019-COMMERCIAL-MORE SHORT/SOLD SHORT 

WHEAT MAY/19): DAILY LIMIT $0.55/BU WORLD ENDING STOCKS: 2018/19 PROJ UP 3.00MMT
TRENDS: PRICE: MAJOR/DOWN-MINOR/DOWN-STEEP. OPEN INTEREST: UP- VOL UP (405-593)
TRADED: LOWER-DECELERATED-IN OFFSET-BELOW MAJOR-ALONG MINOR-CLOSED BELOW 446     
TARGETS: (407 (426-446) 466)-COT MAR05/2019-NON COMMERCIAL-MORE SHORT/SOLD SHORT

DOLLAR CAD/USD (MAR/19): DAILY LIMIT $4.00                           RANGE: (6810-8295)
TRENDS: PRICE: MAJOR/DOWN-MINOR/DOWN-STEEP. OPEN INTEREST: FLAT. VOLUME: FLAT
TRADED: UP-ACCELERATED-BUYING-DOWNSIDE MAJOR-UPSIDE MINOR-CLOSED BELOW 7480 
TARGETS: (7393 (7480-7566)-7653)-COT-MAR05/2019-COMMERCIAL-MORE LONG/COVERED SHORT