3MAJOR GRAINS+CAD/USD-TRENDS-JULY18/2019-THURSDAY

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING PRICE VOLATILITY OF TRADING
TRENDS: LINES JOINING: UPWARD-DISTINCT HIGHER LOWS-DOWNWARD DISTINCT LOWER HIGHS 
TRADED: DIRECTION-VOLATILITY (LENGTH OF HI/LO PRICE RANGE)-MOVE-ACTIVITY-TREND-TARGET 
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (DEC/2019): DAILY LIMIT $0.25/BU-WORLD FINAL STOCKS-2019/20-LESS CHINA 8.39MMT UP
TRENDS/PRICE-UP/LESS 2X. OPEN INTEREST-FLAT. VOLUME-DOWN/LESS. LONG TERM-(343-473)
TRADED DOWN-MOVE DOWN-MORE VOLATILITY-NET SELLING@TREND/439-SUPPORT/CLOSED@LOW
TARGETS/(401 (420-439) 458)/COMMERCIALS NET SHORT-NON COMMERCIALS NET LONG-STEADY 

SOYS (NOV/2019): DAILY LIMIT $0.65/BU WORLD FINAL STOCKS-2019/20-LESS CHINA-8.13MMT DOWN
TRENDS/PRICE-UP/LESS 2X. OPEN INTEREST-DOWN/LESS. VOLUME-FLAT. LONG TERM-(791-1067)
TRADED DOWN-MOVE DOWN-LESS VOLATILITY/3DAYS-MATCHED-ALONG TREND/903-LESS BEARISH
TARGETS/(875 (903-932) 960)/COMMERCIALS MORE NET LONG-NON COMMERCIALS NOW NET SHORT

WHEAT DEC/2019): DAY LIMIT $0.35/BU WORLD FINAL STOCKS-2019/20-LESS CHINA-7.58MMT DOWN 
TRENDS/PRICE-DOWN/STEEP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(418-593). 
TRADED DOWN-MOVE DOWN-MORE VOLATILITY-SELLING-ON REVISED TREND-MID 520-499 BEARISH    
TARGETS/(479 (499-520) 541)/COMMERCIALS MORE NET SHORT-NON COMMERCIALS MORE NET LONG

DOLLAR CAD/USD (SEP/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-UP/LESS 1X. OPEN INTEREST-UP/LESS. VOLUME-FLAT. LONG TERM (8295-6810)
TRADED FLAT-MOVE FLAT-STEADY VOLATILITY-OFFSET BUYING-CONTINUED RESISTANCE@7672     
TARGETS/(7501 (7587-7672) 7758)/COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG-NET