MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDLINES: UP-JOIN DISTINCT HIGHER LOWS-TRENDLINES: DOWN-JOIN DISTINCT LOWER HIGHS
TRADED: DIRECTION-TREND-ACTIVITY-VOLATILITY, (HI/LO PRICE RANGE)-TARGET
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 3.72MMT
TRENDLINES: PRICES-UP, OPEN INTEREST-UP/FLAT. VOLUME-DOWN. LONG TERM RANGE (352-473)
TRADED FLAT-BELOW TRENDLINE-OFFSET SELLING-LESS VOLATILITY-MORE SUPPORT@387
TARGETS/(369 (387-405) 423)COMMERCIALS (LESS SHORT)-NON COMMERCIALS (NOW SHORT)
SOYS (ZSF20) DAILY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 5.08MMT
TRENDLINES: PRICES-UP/LESS. OPEN INTEREST-DOWN. VOLUME UP. LONG TERM RANGE (791-1067)
TRADED DOWN-ABOVE REVISED TRENDLINE-SELLING-MORE VOLATILITY-SUPPORT HELD@932
TARGETS/(903 (932-960) 988)COMMERCIALS (EQUAL SHORT)-NON COMMERCIALS (MORE LONG)
WHEAT (ZWZ19): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 1.30MMT
TRENDLINES: PRICES-UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE-(387-593).
TRADED DOWN-ABOVE TRENDLINE-OFFSET SELLING-STEADY VOLATILITY-TESTED/CLOSED BELOW 520
TARGETS/(500 (520-540) 561)-COMMERCIALS (NOW SHORT)-NON COMMERCIALS (MORE LONG)
DOLLAR (D6Z19) CAD/USD : DAILY LIMIT $4.00
TRENDLINES: PRICES-UP. OPEN INTEREST-UP/STEEP. VOLUME-DOWN. LONG TERM RANGE (8295-6809)
TRADED FLAT-CLOSE TO TRENDLINE-NET BUYING-LESS VOLATILITY-CLOSED UP ABOVE 7634
TARGETS/(7469 (7552-7634) 7717)/COMMERCIALS (MORE SHORT)-NON COMMERCIALS (MORE LONG)
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