MAJOR GRAINS+CAD/USD-TRENDS/TRADING-JAN29/2020-WED

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS-LINES UP: JOINING DISTINCT HIGHER LOWS.-LINES DOWN: JOINING DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-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-DOWN. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING HIGHER-ABOVE TREND-SELLING@387-LOWER CLOSE-LOST MOMENTUM-LOOKS BEARISH  
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG 

SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT 
TRENDS: PRICE DOWN/LESS. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067) 
TRADED HIGHER-ABOVE TREND-SELLING@903-LOWER CLOSES-GAINED MOMENTUM-FILLED GAP 
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT 
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE (387-593). 
TRADED LOWER-BELOW TREND-SELLING-LOWER CLOSES-SUPPORT@561/LOWS-FLAT MOMENTUM    
TARGETS/(541 (561-581) 603)/(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 (6809-8295)
TRADED FLAT-ON TREND-SELLING-TESTED/CLOSED LOWER BELOW 7587-FLAT MOMENTUM 
TARGETS/(7672 (7587-7501) 7416)/COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG