3GRAINS-CAD/USD-TRENDS/TARGETS-MAY16/2019-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-UP. VOLUME-DOWN. RANGE/LONG TERM-(409-325)
TRADED/FLAT-STEADY/BUYING-MEETING RESISTANCE@TREND/380-MOVE/FLAT-CLOSED@380
TARGETS: 399(380-361) 343)/MAY07/2019: COT: COMMERCIAL: LESS LONG/LIQUIDATED LONG

SOYBEAN (JUL/2019): DAY LIMIT $0.60/BU WORLD END STOCKS 2018/19 PROJECTED UP 0.19MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-DOWN. RANGE/LONG TERM-(1067-791)
TRADED/FLAT-DECELERATED/NET BUYING-BELOW TREND-MOVE/UP-TESTED/CLOSED@840
TARGETS/(869 (840-812) 784)/MAY07/2019: COT: COMMERCIAL: LESS LONG/ACCUMULATED SHORT

WHEAT JUL/2019): DAILY LIMIT $0.35/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.08MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. RANGE/LONG TERM-(593-387)
TRADED/UP-ACCELERATED/BUYING-ABOVE/TREND-MOVE/UP-TESTED/CLOSED@466    
TARGETS: (466 (446-426) 407)/MAY07/2019: COT COMMERCIAL: LESS LONG/LIQUIDATED LONG

DOLLAR CAD/USD (JUN/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-FLAT. RANGE/LONG TERM (8295-6810)
TRADED/UP-ACCELERATED/NET SELLING-BELOW/TREND-MOVE/FLAT INSIDE (7480-7393)
TARGETS: (7566 (7480-7393) 7310)/MAY07/2019: COMMERCIAL-LESS LONG/LIQUIDATED LONG