MAJOR GRAINS+CAD/USD-TRENDS/TRADING/TARGETS-MAR23/2020

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-(473-332).
TRADED DOWN-LESS VOLATILITY-BUYING-ON SUPPORT@TREND-ABOVE@334-LOWER DISTINCT HIGH  
TARGETS/(375 (355-334) 314)/NET COMMITMENTS-HEDGERS ACCUMULATED/TRADERS LIQUIDATED

SOYS (ZSK20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-UP 3.58MMT 
TRENDS PRICE-UP/NEW. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-RANGE-(1067-791).
TRADING UP/STEEP-MORE VOLATILITY-BUYING-TESTED/CLOSED ABOVE RESISTANCE@TREND/878. 
TARGETS/(821(850-878) 907)/NET COMMITMENTS-HEDGERS ACCUMULATED/TRADERS COVERED

WHEAT (ZWK20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=DOWN 0.90MMT 
TRENDS PRICE-UP/NEW. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADING UP/STEEP-MORE VOLATILITY-BUYING-THROUGH/CLOSED UP ABOVE TREND@557.    
TARGETS/(513 (535-557) 580)/NET COMMITMENTS-HEDGERS COVERED/TRADERS LIQUIDATED

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-LESS VOLATILITY-SELLING-ON TREND-TESTED/CLOSED DOWN BELOW 6903.
TARGETS/(6985(6903-6820)/NET COMMITMENTS-HEDGERS ACCUMULATED/TRADERS LIQUIDATED