MAJOR GRAINS+CAD/USD-TREND ANALYSIS-DEC26/2019-THUR

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

CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 1.17MMT
TRENDS: PRICE-UP. OPEN INTEREST-FLAT. VOLUME-DOWN, LONG TERM RANGE (352-473)
TRADING FLAT-BUYING OFFSET-FLAT MOMENTUM-ABOVE TREND-CONSOLIDATION ON SUPPORT@387  
TARGETS/(352 (369-387) 405)/NET COMMITMENT-HEDGERS MORE SHORT/TRADERS NOW LONG 

SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 1.18MMT 
TRENDS: PRICE UP/LESS. OPEN INTEREST-DOWN. VOLUME DOWN. LONG TERM RANGE (791-1067) 
TRADED UP-SELLING OFFSET-LOST MOMENTUM-ABOVE TREND-CLOSED UP-SUPPORT MID (932-960)  
TARGETS/(903 (932-960) 988)/NET COMMITMENT-HEDGERS LESS LONG/TRADERS LESS SHORT

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.57MMT 
TRENDS: PRICE-UP/LESS. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE (387-593). 
TRADED UP-BUYING-GAINED MOMENTUM-ON TREND-CLOSED@MINOR RESISTANCE@550-BULLISH    
TARGETS/(520 (541-561) 581)/NET COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG

DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE-DOWN. OPEN INTEREST-UP/LESS. VOLUME-DOWN. LONG TERM RANGE (6809-8295)
TRADED UP-BUYING-GAINED MOMENTUM-MET/CLOSED@TREND/7634 AS MAJOR RESISTANCE 
TARGETS/(7634-7552) 7469)/NET COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG