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