MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB4/2020-TUES

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-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADED HIGHER-ABOVE TREND-STEADY-BUYING-HIGHER CLOSE-DRIFT DOWN HAS BULLISH TONE  
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/STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (791-1067) 
TRADED HIGHER-BESIDE TREND-ESCALATED-MIXED-HIGHER CLOSE-SUPPORT@875 PREVAILED 
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS NOW LONG/TRADERS NOW SHORT

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT 
TRENDS: PRICE UP/LESS. OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE (387-593). 
TRADED HIGHER-ABOVE TREND-ESCALATED-MIXED-HIGHER CLOSE-TESTED RESISTANCE@561   
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG

DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM (6809-8295)
TRADED FLAT-AWAY FROM TREND-DEESCALATED-MIXED-HIGHER CLOSE-ABOVE SUPPORT@7501 
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG