3MAJOR GRAINS+CAD/USD-ANALYSIS-AUGUST13/2019-TUESDAY

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

CORN (DEC/2019): DAILY LIMIT $0.25/BU-WORLD FINAL STOCKS/LESS CHINA-2019/20=4.81MMT UP
TRENDS/PRICE-DOWN/LESS 1X. OPEN INTEREST-DOWN. VOLUME-UP/HIGH. LONG TERM-(473-373)
TRADED DOWN/GAP-MOVE/VOLATILITY DOWN-SELLING-TESTED/CLOSED BELOW TREND@LOW/376
TARGETS/(420 (401-382) 304) TRADERS/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG 

SOYS (NOV/2019) DAILY LIMIT $0.65/BU-WORLD FINAL STOCKS/LESS CHINA-2019/20=0.78MMT DOWN
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM (1067-791) 
TRADED FLAT-MOVE UP-VOLATILITY UP-NET BUYING-TESTED/CLOSED BELOW TREND-SUPPORT@875
TARGETS/(929 (901-872) 844) TRADERS/COMMERCIALS MORE LONG-NON COMMERCIALS MORE SHORT

WHEAT DEC/2019): DAY LIMIT $0.35/BU WORLD FINAL STOCKS/LESS CHINA-2019/20=1.16MMT DOWN 
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-DOWN. VOLUME-FLAT. RANGE-(593-418). 
TRADED DOWN-MOVE DOWN-VOLATILITY DOWN-BUYING@TREND/459-TESTED/CLOSED BELOW 479      
TARGETS/(520 (499-479) 459) TRADERS/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG

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