3MAJOR GRAINS-CAD/USD-TRENDS-MAY24/2019-FRIDAY

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-UP/STEEP. OPEN INTEREST-UP VOLUME-DOWN. RANGE/LONG TERM-(409-325)
TRADED/UP-MORE VOLATILE/ACCUMULATION-ON TREND-MOVE UP-TESTED/CLOSED ABOVE 399
TARGETS: 417 (399-380) 361)/MAY21: COT: NON COMMERCIAL: EVEN/COVERED-ACCUMULATED

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-LESS VOLATILE/OFFSET BUYING-OVERSOLD-MOVE/DOWN-RESISTANCE MID (840-812)
TARGETS/(869 (840-812) 784)/MAY21 NON COMMERCIAL: LESS SHORT, COMMERCIAL LESS LONG

WHEAT JUL/2019): DAILY LIMIT $0.35/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.08MMT
TRENDS/PRICE-UP/STEEP. OPEN INTEREST-DOWN. VOLUME-FLAT. RANGE/LONG TERM-(593-387)
TRADED/UP-MORE VOLATILE/OFFSET BUYING-ON TREND-MOVE/UP-TESTED/CLOSED ABOVE 485    
TARGETS: 505 (485-466) 446)/MAY21/2019: COT NON COMMERCIAL: SHORT/ 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/FLAT-LESS VOLATILE/OFFSET BUYING-BELOW/TREND-MOVE/@BOTTOM-CONSOLIDATION 
TARGETS: (7566 (7480-7393) 7310)/MAY21/2019: COMMERCIAL-LESS LONG/NET LIQUIDATION