MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR 30-THUR

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 (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/LESS, OPEN INTEREST-DOWN/K EXPIRY. VOLUME-UP. LONG TERM-(473-302).
TRADED UP-STEADY-NET BUYING-@REVISED TREND AS RESISTANCE-MID(314-334)-CLOSED UP.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS COVERED.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/LESS. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(1067-791).
TRADED-UP ESCALATED-BUYING-BELOW REVISED TREND-ABOVE 850-MADE DISTINCT HIGHER LOW. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-STEADY-NET BUYING-UP THROUGH CONVERGING TRENDS/514-CLOSED ABOVE.    
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-COMS /NON COMS FLAT IN OFFSET

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED UP-STEADY-SELLING@CONVERGENCE POINT-NO BREAKOUT UP/CLOSE-LOWER-BELOW 7197
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT