3GRAINS-CAD/USD-TRENDS/ANALYSIS-MAY2/2019-THURSDAY

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 (JUL/2019): DAILY LIMIT $0.25/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.48MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN/LESS. VOLUME-FLAT. RANGE/LONG TERM-(409-316)
TRADED/UP-DECELERATED/BUYING-BELOW/TREND-MOVE/UP-RESISTANCE/CLOSED@369
TARGETS/387 (369-352) 334)/COT: APR23/2019: NON COMMERCIAL: MORE SHORT/SOLD SHORT

SOYBEAN (JUL/2019): DAY LIMIT $0.60/BU WORLD END STOCKS 2018/19 PROJECTED UP 0.19MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN/LESS. VOLUME-DOWN. RANGE/LONG TERM-(1067-812)
TRADED/DOWN-DECELERATED/NET SELLING-BELOW/TREND-MOVE/DOWN-SUPPORT/UPSIDE 840
TARGETS/(897 (869-840) 812)/COT: APR23/2019: NON COMMERCIAL: MORE SHORT/SOLD SHORT

WHEAT JUL/2019): DAILY LIMIT $0.35/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.08MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-FLAT. RANGE/LONG TERM-(593-387)
TRADED/UP-ACCELERATED/NET BUYING-ONSIDE/TREND+MOVE/UP-TESTED/CLOSED BELOW 446    
TARGETS: (466 (446-426) 407)/COT: APRIL23/2019: COMMERCIAL: MORE LONG/COVERED SHORT

DOLLAR CAD/USD (JUN/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. RANGE/LONG TERM (8295-6810)
TRADED/DOWN-DECELERATED/SELLING-BELOW/TREND-MOVE/DOWN-SUPPORT MID 7480-7393
TARGETS: (7566 (7480-7393) 7310)/COT: APR23: NON COMMERCIAL-LESS SHORT/BOUGHT LONG