MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TREND: LINES JOINING: UPWARD-DISTINCT HIGHER LOWS-DOWNWARD DISTINCT LOWER HIGHS
TRADING: DIRECTION. VOLATILITY (LENGTH OF HI/LO PRICE RANGE)-ACTIVITY-MOVE-TARGET
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (MAY/19): DAILY LIMIT $0.25/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.48MMT
TREND: PRICE-DOWN.TRADED: OPEN INTEREST-UP. VOLUME-FLAT. LONG/TERM RANGE: (409-325)
TRADED: DOWN-ACCELERATED-NET BUYING-TREND/MOVE DOWN-MET LONG TERM SUPPORT@343
TARGETS: (380 (362-343) 325) COT APR16/2019 NON COMMERCIAL MORE SHORT/SELLING SHORT
SOYBEAN (MAY/19): DAY LIMIT $0.60/BU WORLD END STOCKS 2018/19 PROJECTED UP 0.19MMT
TREND: PRICE-DOWN. TRADED: OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE (1067-812)
TRADED: DOWN-STEADY-NET BUYING-BELOW TREND/MOVE DOWN-SUPPORT MID 869-840 RANGE
TARGETS: (897 (869-840) 812)-COT-APR16/2019 COMMERCIAL-MORE LONG/BUYING LONG
WHEAT MAY/19): DAILY LIMIT $0.35/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.08MMT
TREND: PRICE-DOWN. TRADED: OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE(593-387)
TRADED: DOWN-DECELERATED-NET BUYING-TREND/MOVE DOWN-MET LONG TERM SUPPORT@426
TARGETS: (466 (446-426) 407)-COT-APRIL16/2019 COMMERCIAL-MORE LONG/COVERED SHORT
DOLLAR CAD/USD (JUN/19): DAILY LIMIT $4.00
TREND: PRICE-DOWN. TRADED: OPEN INTEREST-UP. VOLUME-DOWN. LONG RANGE (8295-6810)
TRADED: FLAT-DECELERATED-BUYING-BELOW TREND/MOVE DOWN-SUPPORT AGAIN UPSIDE 7393
TARGETS: (7566 (7480-7393) 7310)-COT-APR16/2019-COMMERCIAL-MORE LONG/COVERED SHORT
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