MAJOR GRAINS+CAD/USD-TREND ANALYSIS-AUGUST30/2019-FRI

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/STEEP. OPEN INTEREST-DOWN/STEEP. VOLUME-DOWN. LONG TERM-(473-364)
TRADED DOWN-DEESCALATED-NET-SELLING-MOVE AWAY FROM TREND-MET SUPPORT (MID RANGE)
TARGETS/(401 (382-364) 345)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-INITIAL DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (1067-791) 
TRADED UP-ESCALATED-MOVE UP-SELLING@MOVE-TREND CONVERGENCE POINT-CLOSED BELOW 872
TARGETS/(901 (872-844) 815)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. OPEN INTEREST-DOWN. VOLUME-UP DAY. RANGE-(593-418). 
TRADED DOWN-ESCALATED-GOOD MOVE DOWN-SELLING-BELOW TREND-MET/CLOSED ABOVE 459      
TARGETS/(499 (479-459) 438) TRADERS/COMMERCIALS NOW SHORT-NON COMMERCIALS MORE LONG

DOLLAR CAD/USD (SEP/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-TOPPING. VOLUME-FLAT. RANGE (8295-6810)
TRADED DOWN-ESCALATED-MOVE DOWN-SELLING-UPSIDE TREND-GOOD SUPPORT PREVAILS@7501    
TARGETS/(7672 (7587-7501) 7416)/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG