MAJOR GRAINS+CAD/USD-TRENDS/TRADING-FEB7/2020-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 (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN/LESS. OPEN INTEREST-UP. VOLUME-DOWN LONG TERM RANGE (352-473)
TRADING UP-ON TREND-BELOW 387-BUYING-DEESCALATED-CLOSED HIGHER@REVISED TREND
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG 

SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT 
TRENDS: PRICE DOWN/LESS STEEP. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (791-1067) 
TRADING FLAT-AWAY FROM TREND-ABOVE 875-MIXED-DEESCALATED-HIGHER CLOSE 
TARGETS/(923 (903-875) 847)/(NET) COMMITMENT-HEDGERS MORE LONG/TRADERS MORE SHORT

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT 
TRENDS: PRICE UP. OPEN INTEREST-UP/FLAT. VOLUME-FLAT. LONG TERM RANGE (387-593). 
TRADED LOWER-UPSIDE TREND-MET RESISTANCE@561-MIXED-STEADY-HIGHER CLOSE-LOWER HIGH   
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-DOWN. VOLUME-DOWN. LONG TERM (6809-8295)
TRADING LOWER-ABOVE TREND/7501-SELLING-ESCALATED-LOWER CLOSE-GOOD SUPPORT@7501 
TARGETS 7672 (7587-7501) 7416/NET COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG