MAJOR GRAINS+CAD/USD-TREND ANALYSIS-SEPT20/2019-FRIDAY

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-TARGET-TREND 
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCZ19): DAILY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 1.46MMT
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (473-352)
TRADED FLAT-MOVE DOWN-ESCALATED-SELLING-UPSIDE 369 AS SUPPORT-TRENDS BEARISH
TARGETS/(387 (369-352) 333)TRADERS/COMMERCIALS (COVERED)-NON COMMERCIALS (SOLD SHORT) 

SOYS (ZSX19) DAILY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 2.21MMT 
TRENDS/PRICE-DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (1067-791) 
TRADED DOWN-MOVE DOWN-ESCALATED-SELLING-TESTED SUPPORT-MID 903/875-TRENDS BEARISH
TARGETS/(932 (903-875) 847)TRADERS/COMMERCIALS (SOLD SHORT)-NON COMMERCIALS (COVERED)

WHEAT (ZWZ19): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 1.41MMT 
TRENDS/PRICE-DOWN. OPEN INTEREST-FLAT/UP. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-MOVE FLAT-ESCALATED-SELLING-TESTED/ SUPPORT@485-TRENDS BEARISH     
TARGETS/(505 (485-466) 446)TRADERS/COMMERCIALS (SOLD SHORT)-NON COMMERCIALS (COVERED)

DOLLAR (D6Z19) CAD/USD : DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (8295-6809)
TRADED FLAT-MOVE DOWN-DEESCALATED-SELLING-DOWNSIDE RESISTANCE@7552-TRENDS BEARISH    
TARGETS/(7634 (7552-7469) 7387)/COMMERCIALS (SOLD SHORT)-NON COMMERCIALS (BOUGHT LONG)