MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(352-473)
TRADING: DOWN-BELOW TREND-MIXED-DEESCALATED-MET CLOSED@369 SUPPORT.
TARGETS/(405 (387-369) 352)/(NET) COMMITMENTS-HEDGERS COVERED/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP/MONTHLY. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (791-1067)
TRADING: FLAT-ALONG TREND-BUYING-STEADY-ABOVE 875-CLOSED FLAT.
TARGETS/(923 (903-875) 847)/(NET) COMMITMENTS-HEDGERS COVERED/TRADERS LIQUIDATED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-DOWN. VOLUME-UP LONG TERM (387-593).
TRADING: DOWN-ON TREND-BUYING-ESCALATED-TESTED 520-MEASURED TARGET@500
TARGETS/(479 (500-520)-541)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/LOWER. OPEN INTEREST-UP/DAY. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-OVERSOLD-BUYING-ESCALATED-BELOW/MET RESISTANCE@7469
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
Big Pat's farm commodities analysis. Get the best and most current analysis of trends, trading, targets for corn, wheat, soybeans, heating oil, Canadian Dollar.
Friday, February 28, 2020
Thursday, February 27, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB27/2020-THUR
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN VOLUME-UP DAYS. LONG TERM RANGE-(352-473)
TRADING: DOWN-OVERSOLD BELOW TREND-SELLING-ESCALATED-MET SUPPORT@369-MAR EXPIRY.
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP/MONTHLY. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM RANGE (791-1067)
TRADING: FLAT-ALONG TREND-BUYING-ESCALATED-BUYING ABOVE 875-CLOSED UP-MAR EXPIRY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (387-593).
TRADING: DOWN-ON TREND-SELLING-ESCALATED-TESTED/CLOSED BELOW 530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/LOWER. OPEN INTEREST-FLAT. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-OVERSOLD-NET SELLING-DEESCALATED-CLOSED BELOW MAJOR SUPPORT@7501
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN VOLUME-UP DAYS. LONG TERM RANGE-(352-473)
TRADING: DOWN-OVERSOLD BELOW TREND-SELLING-ESCALATED-MET SUPPORT@369-MAR EXPIRY.
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP/MONTHLY. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM RANGE (791-1067)
TRADING: FLAT-ALONG TREND-BUYING-ESCALATED-BUYING ABOVE 875-CLOSED UP-MAR EXPIRY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE DOWN/STEEP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (387-593).
TRADING: DOWN-ON TREND-SELLING-ESCALATED-TESTED/CLOSED BELOW 530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/LOWER. OPEN INTEREST-FLAT. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-OVERSOLD-NET SELLING-DEESCALATED-CLOSED BELOW MAJOR SUPPORT@7501
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
Wednesday, February 26, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB26/2020-WED
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN/MORESO. OPEN INTEREST-UP VOLUME-DOWN. LONG TERM RANGE-(352-473)
TRADING: DOWN DAY-ON REVISED TREND-MIXED-ESCALATED-CLOSED DOWN-369 AS MAJOR SUPPORT
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN/MORE. VOLUME-DOWN. LONG TERM RANGE (791-1067)
TRADING: UP DAY-DOWNSIDE TREND-NET BUYING-ESCALATED-CLOSED UP-RESISTANCE BELOW 903
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE DOWN(NEW). OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(387-593).
TRADING: FLAT DAY-UPSIDE TREND-MIXED-DEESCALATED-LOWER CLOSE-530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/LOWER. OPEN INTEREST-FLAT. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-BELOW TREND-NET SELLING-ESCALATED-MET SUPPORT/CLOSED LOWER@7501
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN/MORESO. OPEN INTEREST-UP VOLUME-DOWN. LONG TERM RANGE-(352-473)
TRADING: DOWN DAY-ON REVISED TREND-MIXED-ESCALATED-CLOSED DOWN-369 AS MAJOR SUPPORT
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN/MORE. VOLUME-DOWN. LONG TERM RANGE (791-1067)
TRADING: UP DAY-DOWNSIDE TREND-NET BUYING-ESCALATED-CLOSED UP-RESISTANCE BELOW 903
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE DOWN(NEW). OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(387-593).
TRADING: FLAT DAY-UPSIDE TREND-MIXED-DEESCALATED-LOWER CLOSE-530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN/LOWER. OPEN INTEREST-FLAT. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-BELOW TREND-NET SELLING-ESCALATED-MET SUPPORT/CLOSED LOWER@7501
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
Tuesday, February 25, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB25/2020-TUES
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP/LESS VOLUME-DOWN. LONG TERM RANGE-(352-473)
TRADING: FLAT DAY-BELOW TREND-MATCHED-DEESCALATED-CLOSED FLAT-369 AS MAJOR SUPPORT
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN/MORE. VOLUME-DOWN. LONG TERM RANGE (791-1067)
TRADING: FLAT DAY-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-875 AS MAJOR SUPPORT
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN/LESS. LONG TERM RANGE-(387-593).
TRADING: DOWN-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN/LESS. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-7501 AS MAJOR SUPPORT
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP/LESS VOLUME-DOWN. LONG TERM RANGE-(352-473)
TRADING: FLAT DAY-BELOW TREND-MATCHED-DEESCALATED-CLOSED FLAT-369 AS MAJOR SUPPORT
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 2.19MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN/MORE. VOLUME-DOWN. LONG TERM RANGE (791-1067)
TRADING: FLAT DAY-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-875 AS MAJOR SUPPORT
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN/LESS. LONG TERM RANGE-(387-593).
TRADING: DOWN-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-530 AS MINOR SUPPORT
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN/LESS. VOLUME-FLAT LONG TERM-(6809-8295)
TRADING: DOWN-BELOW TREND-BUYING-DEESCALATED-CLOSED UP-7501 AS MAJOR SUPPORT
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
Monday, February 24, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB24/2020-MON
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE-(352-473)
TRADING LOWER/STEEP-BELOW TREND-NET SELLING-ESCALATED-BREAKOUT MID 387-369-BEARISH
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME FLAT. LONG TERM-(791-1067)
TRADED LOWER/STEEP-BELOW TREND-SELLING-ESCALATED-TESTED PREVIOUS LOW UPSIDE 875
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN/LESS. LONG TERM RANGE-(387-593).
TRADED LOWER/STEEP-BELOW TREND-SELLING-ESCALATED-TESTED CLOSED BELOW 541-BEARISH
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT LONG TERM-(6809-8295)
TRADED LOWER/STEEP-BELOW TREND-NET SELLING-DEESCALATED-DOWNSIDE 7552/LOWS
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE-(352-473)
TRADING LOWER/STEEP-BELOW TREND-NET SELLING-ESCALATED-BREAKOUT MID 387-369-BEARISH
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME FLAT. LONG TERM-(791-1067)
TRADED LOWER/STEEP-BELOW TREND-SELLING-ESCALATED-TESTED PREVIOUS LOW UPSIDE 875
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN/LESS. LONG TERM RANGE-(387-593).
TRADED LOWER/STEEP-BELOW TREND-SELLING-ESCALATED-TESTED CLOSED BELOW 541-BEARISH
TARGETS/(500 (520-541) 561)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT LONG TERM-(6809-8295)
TRADED LOWER/STEEP-BELOW TREND-NET SELLING-DEESCALATED-DOWNSIDE 7552/LOWS
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
Friday, February 21, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB21/2020-FRI
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE-(352-473)
TRADED DOWN-OVERSOLD-SELLING-STEADY-MET SUPPORT@380/BOTTOM OF FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME FLAT. LONG TERM-(791-1067)
TRADED FLAT-ON TREND-SELLING-ESCALATED-TESTED/CLOSED BELOW 903 ON TREND-TOPPY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(387-593).
TRADED FLAT-ON TREND-NET SELLING-ESCALATED-CLOSED BELOW 561/TREND-FLAT MOVE
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT LONG TERM-(6809-8295)
TRADED FLAT-BELOW TREND-BUYING-ESCALATED-TESTED/CLOSED UP ABOVE 7552-FLAT MOVE
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE-(352-473)
TRADED DOWN-OVERSOLD-SELLING-STEADY-MET SUPPORT@380/BOTTOM OF FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS BOUGHT LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME FLAT. LONG TERM-(791-1067)
TRADED FLAT-ON TREND-SELLING-ESCALATED-TESTED/CLOSED BELOW 903 ON TREND-TOPPY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(387-593).
TRADED FLAT-ON TREND-NET SELLING-ESCALATED-CLOSED BELOW 561/TREND-FLAT MOVE
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS COVERED
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT LONG TERM-(6809-8295)
TRADED FLAT-BELOW TREND-BUYING-ESCALATED-TESTED/CLOSED UP ABOVE 7552-FLAT MOVE
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS BOUGHT/TRADERS SOLD LONG
Thursday, February 20, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB20/2020-THUR
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED DOWN-BELOW TREND/387-SELLING-DEESCALATED-LOWER HIGHS IN FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME DOWN. LONG TERM (791-1067)
TRADED FLAT-ABOVE TREND-CLOSED LOWER-RESISTANCE@903 PREVAILING-DEESCALATED-SELLING
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED UP-ON TREND-CLOSED BELOW 561-NET SELLING-DEESCALATED-IN FLAT CONSOLIDATION
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED DOWN-BELOW TREND/RESISTANCE PREVAILING@7552-SELLING-ESCALATED-TOPPY
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED DOWN-BELOW TREND/387-SELLING-DEESCALATED-LOWER HIGHS IN FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-FLAT. VOLUME DOWN. LONG TERM (791-1067)
TRADED FLAT-ABOVE TREND-CLOSED LOWER-RESISTANCE@903 PREVAILING-DEESCALATED-SELLING
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED UP-ON TREND-CLOSED BELOW 561-NET SELLING-DEESCALATED-IN FLAT CONSOLIDATION
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM (6809-8295)
TRADED DOWN-BELOW TREND/RESISTANCE PREVAILING@7552-SELLING-ESCALATED-TOPPY
TARGETS/(7587 (7552-7501) 7469)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
Wednesday, February 19, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB19/2020-WED
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED FLAT-MORE RESISTANCE@TREND/387-NET SELLING-DEESCALATED-IN FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-TOPPY. VOLUME DOWN. LONG TERM (791-1067)
TRADED UP-PENETRATED/CLOSED UP ABOVE TREND/GOOD RESISTANCE@903-BUYING-ESCALATED-
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED FLAT-PENETRATED/CLOSED LOWER ABOVE TREND/RESISTANCE@561-BUYING-DEESCALATED
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-CHOPPY. LONG TERM (6809-8295)
TRADED UP-PENETRATED/CLOSED UP ABOVE TREND/RESISTANCE@7552-BUYING-STEADY
TARGETS (7587 (7552-7501)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED FLAT-MORE RESISTANCE@TREND/387-NET SELLING-DEESCALATED-IN FLAT CONSOLIDATION
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-TOPPY. VOLUME DOWN. LONG TERM (791-1067)
TRADED UP-PENETRATED/CLOSED UP ABOVE TREND/GOOD RESISTANCE@903-BUYING-ESCALATED-
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED FLAT-PENETRATED/CLOSED LOWER ABOVE TREND/RESISTANCE@561-BUYING-DEESCALATED
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-CHOPPY. LONG TERM (6809-8295)
TRADED UP-PENETRATED/CLOSED UP ABOVE TREND/RESISTANCE@7552-BUYING-STEADY
TARGETS (7587 (7552-7501)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
Tuesday, February 18, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB18/2020-TUES
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE (352-473)
TRADED UP-TREND/387 AS RESISTANCE-BUYING-ESCALATED-HIGHER CLOSES-ON TREND
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING FLAT-TREND AS RESISTANCE-BELOW 903-NET SELLING-DEESCALATED-CONSOLIDATION
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED UP-PENETRATED TREND/CLOSED ABOVE 561-BUYING-ESCALATED-BULLISH
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING FLAT-ABOVE TREND-7552 AS RESISTANCE-IN OFFSET-ESCALATED-CLOSED BELOW 7552
TARGETS (7587 (7552-7501)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADING: DIRECTION-TREND-ACTIVITY-MOMENTUM, (HI/LO PRICE RANGE)-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT
CORN (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE (352-473)
TRADED UP-TREND/387 AS RESISTANCE-BUYING-ESCALATED-HIGHER CLOSES-ON TREND
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADING FLAT-TREND AS RESISTANCE-BELOW 903-NET SELLING-DEESCALATED-CONSOLIDATION
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADED UP-PENETRATED TREND/CLOSED ABOVE 561-BUYING-ESCALATED-BULLISH
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING FLAT-ABOVE TREND-7552 AS RESISTANCE-IN OFFSET-ESCALATED-CLOSED BELOW 7552
TARGETS (7587 (7552-7501)/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
Friday, February 14, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB14/2020-FRI
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 (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE (352-473)
TRADED LOWER-BELOW TREND/387-SELLING-STEADY-LOWER CLOSES-OVERSOLD
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADED LOWER-THROUGH/CLOSED BELOW TREND/903-SELLING-ESCALATED-POSSIBLE CORRECTION
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING FLAT-BELOW TREND-LOOKS LIKE A BOTTOM@541-SELLING-DEESCALATED-LOWER CLOSE
TARGETS/(520 (541-561) 581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-NET BUYING-STEADY-HIGHER CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
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 (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-FLAT LONG TERM RANGE (352-473)
TRADED LOWER-BELOW TREND/387-SELLING-STEADY-LOWER CLOSES-OVERSOLD
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS BOUGHT LONG/TRADERS SOLD SHORT
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM (791-1067)
TRADED LOWER-THROUGH/CLOSED BELOW TREND/903-SELLING-ESCALATED-POSSIBLE CORRECTION
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS SOLD SHORT/TRADERS SOLD SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING FLAT-BELOW TREND-LOOKS LIKE A BOTTOM@541-SELLING-DEESCALATED-LOWER CLOSE
TARGETS/(520 (541-561) 581) 603)/(NET) COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-NET BUYING-STEADY-HIGHER CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS COVERED/TRADERS SOLD SHORT
Thursday, February 13, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB13/2020-THUR
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 (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED LOWER-BELOW TREND-DOWNSIDE 387-SELLING-DEESCALATED-LOWER CLOSE
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-TOPPING. VOLUME UP. LONG TERM (791-1067)
TRADING HIGHER-ABOVE TREND-STRADDLED/CLOSED HIGHER ABOVE 903-NET BUYING-STEADY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS MORE LONG/TRADERS MORE SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING FLAT-BELOW TREND-POTENTIAL BOTTOM@541-NET SELLING-ESCALATED-LOWER CLOSE-
TARGETS/(520 (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-DOWN/FLAT. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-MIXED SELLING-DEESCALATED-FLAT CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
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 (ZCK20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-UP VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED LOWER-BELOW TREND-DOWNSIDE 387-SELLING-DEESCALATED-LOWER CLOSE
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE UP. OPEN INTEREST-TOPPING. VOLUME UP. LONG TERM (791-1067)
TRADING HIGHER-ABOVE TREND-STRADDLED/CLOSED HIGHER ABOVE 903-NET BUYING-STEADY
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS MORE LONG/TRADERS MORE SHORT
WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE (387-593).
TRADING FLAT-BELOW TREND-POTENTIAL BOTTOM@541-NET SELLING-ESCALATED-LOWER CLOSE-
TARGETS/(520 (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-DOWN/FLAT. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-MIXED SELLING-DEESCALATED-FLAT CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
Wednesday, February 12, 2020
MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB12/2020-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/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN/LESS VOLUME-UP LONG TERM RANGE (352-473)
TRADED HIGHER-MET RESISTANCE@TREND/MID 387-369-NET BUYING-ESCALATED-HIGHER CLOSE
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE DOWN/LESS. OPEN INTEREST-UP/FLAT. VOLUME FLAT. LONG TERM (791-1067)
TRADED HIGHER-TESTED/CLOSED ABOVE REVISED TREND/MID 875-903-NET BUYING-ESCALATED
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS MORE LONG/TRADERS MORE SHORT
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP/NO CHANGE. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM RANGE (387-593).
TRADING LOWER-BELOW TREND-UPSIDE SUPPORT@541-BUYING-DEESCALATED-HIGHER CLOSE-
TARGETS/(520 (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-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-NET BUYING-STEADY-HIGHER CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
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/LESS CHINA-2019/20=DOWN 0.97MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN/LESS VOLUME-UP LONG TERM RANGE (352-473)
TRADED HIGHER-MET RESISTANCE@TREND/MID 387-369-NET BUYING-ESCALATED-HIGHER CLOSE
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG
SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 21.9MMT
TRENDS: PRICE DOWN/LESS. OPEN INTEREST-UP/FLAT. VOLUME FLAT. LONG TERM (791-1067)
TRADED HIGHER-TESTED/CLOSED ABOVE REVISED TREND/MID 875-903-NET BUYING-ESCALATED
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS MORE LONG/TRADERS MORE SHORT
WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.84MMT
TRENDS: PRICE UP/NO CHANGE. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM RANGE (387-593).
TRADING LOWER-BELOW TREND-UPSIDE SUPPORT@541-BUYING-DEESCALATED-HIGHER CLOSE-
TARGETS/(520 (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-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADING HIGHER-ABOVE TREND/MAJOR SUPPORT@7501-NET BUYING-STEADY-HIGHER CLOSE
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG