MAJOR GRAINS+CAD/USD-TREND ANALYSIS-DEC27/2019-FRI

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)
TRADED UP-NET BUYING-GAINED 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. OPEN INTEREST-DOWN. VOLUME UP/WEEKLY. LONG TERM RANGE (791-1067) 
TRADED DOWN-NET SELLING-GAINED MOMENTUM-ABOVE TREND-CORRECTION-MID (960-932)  
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). 
TRADING UP-NET BUYING-STEADY MOMENTUM-ABOVE TREND-MET/CLOSED BELOW RESISTANCE@561    
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-FLAT. VOLUME-DOWN. LONG TERM RANGE (6809-8295)
TRADED UP-BUYING-STEADY MOMENTUM-TESTED/CLOSED ABOVE TREND/7634 AS RESISTANCE 
TARGETS/(7634-7552) 7469)/NET COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG