MAJOR GRAINS+CAD/USD-TRENDS/TRADING/TARGETS-MAR12/2020

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-VOLATILITY (HI/LO PRICE RANGE LENGTH)-ACTIVITY-TREND-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=UP 0.50MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM RANGE-(473-352).
TRADING: DOWN-VOLATILITY STEADY-SELLING-BELOW TREND-THROUGH 369-SUPPORT@LOWS.  
TARGETS/(405 (387-369) 352)/NET COMMITMENTS-HEDGERS LIQUIDATED/TRADERS COVERED

SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 3.58MMT 
TRENDS: PRICE-DOWN/NEW. OPEN INTEREST-UP. VOLUME-UP. LONG TERM-RANGE-(1067-791).
TRADING: DOWN-VOLATILITY INCREASED-NET SELLING-ON TREND-PENETRATED SUPPORT@861. 
TARGETS/(903 (875-842) 819)/NET COMMITMENTS-HEDGERS SOLD SHORT/TRADERS COVERED

WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.90MMT 
TRENDS: PRICE-DOWN/LESS. OPEN INTEREST-FLAT. VOLUME-UP. LONG TERM RANGE-(593-387). 
TRADING: DOWN-VOLATILITY STEADY-SELLING-ABOVE TREND-SUPPORT PREVAILED ABOVE 500.     
TARGETS/(541 (520-500) 479)/NET COMMITMENTS-HEDGERS COVERED/TRADERS LIQUIDATED

DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE-DOWN/STEEP. OPEN INTEREST-DOWN. VOLUME-DOWN LONG TERM-(8295-6809)
TRADING: DOWN-VOLATILITY INCREASED-NET SELLING-ON TREND-CLOSED BELOW 7222 ON TREND.
TARGETS/(7387(7304-7222)7140)/NET COMMITMENTS-HEDGERS COVERED/TRADERS LIQUIDATED