MAJOR GRAINS-CAD/USD-TRENDS-FRIDAY JUNE07/2019

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. OPEN INTEREST-DOWN. VOLUME-DOWN. RANGE/LONG TERM-(343-438)
TRADED/UP-LESS VOLATILITY-SELLING-ASIDE TREND-MOVE DOWN-TESTED/CLOSED DOWNSIDE 417
TARGETS: (399 (417-436) 454)/JUN04/2019-COT/NON COMMERCIAL/COVERED SHORT-MORE L0NG 

SOYBEAN (JUL/2019): DAY LIMIT $0.60/BU WORLD END STOCKS 2018/19 PROJECTED UP 0.19MMT
TRENDS/PRICE-UP/REVISED-LESS X1 OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(791-1067)
TRADED/DOWN-MORE VOLATILITY-SELLING-ON TREND-MOVE DOWN-CLOSED@TREND-ABOVE 847
TARGETS/(847-(875-903) 932)/JUN04/2019-COT/NON COMMERCIAL/COVERED SHORT/LESS SHORT

WHEAT JUL/2019): DAILY LIMIT $0.35/BU WORLD END STOCKS 2018/19 PROJECTED UP 5.08MMT
TRENDS/PRICE-UP/REVISED LESS X1 OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(418-593)
TRADED/FLAT-LESS VOLATILITY-NET SELLING-ASIDE TREND-MOVE/DOWN-SUPPORT UPSIDE 499    
TARGETS: (459 (479-499) 520)/JUN04/2019-COT/COMMERCIAL=NON COMMERCIAL/LIQUIDATION

DOLLAR CAD/USD (JUN/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN/LESS. VOLUME-UP. LONG TERM (8295-6810)
TRADED/UP-MORE VOLATILITY/BUYING-UPSIDE TREND-MOVE/UP-TESTED/CLOSED@7480 
TARGETS: (7566 (7480-7393) 7310)/JUN04/2019-COT/NON COMMERCIAL LONG ACCUMULATION