MAJOR GRAINS+CAD/USD-TREND ANALYSIS-JAN13/2020-MON

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 (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP. VOLUME-FLAT/WEEKLY LONG TERM RANGE (352-473)
TRADED UP-BUYING-WEAK MOMENTUM-ABOVE TREND-ABOVE 387-TESTED FLAT CONSOLIDATION  
TARGETS/(352 (369-387) 405)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG 

SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT 
TRENDS: PRICE DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067) 
TRADED UP-NET SELLING-STEADY MOMENTUM-BELOW TREND-FLAT CONSOLIDATION MID(932-960)  
TARGETS/(903 (932-960) 988)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT 
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT WEEKLY. LONG TERM RANGE (387-593). 
TRADED=FLAT-NET SELLING-LOST MOMENTUM-MAJOR SUPPORT@TREND-TESTED/CLOSED@561    
TARGETS/(520 (541-561) 581)/NET COMMITMENT-HEDGERS FLAT SHORT/TRADERS FLAT LONG

DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE-UP. OPEN INTEREST-UP/LESS. VOLUME-FLAT. LONG TERM RANGE (6809-8295)
TRADING FLAT-MATCHED-LOST MOMENTUM-BELOW TREND-ABOVE MAJOR SUPPORT@7634 
TARGETS/(7634-7717) 7803)/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG