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