MAJOR GRAINS+CAD/USD-TRENDS/TRADING/TARGETS-APR09/2020

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 (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/JULY. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(473-325).
TRADED FLAT-VOLATILITY DOWN-MIXED BUYING-BELOW TREND-SUPPORT@334-CLOSED DOWN.  
TARGETS/(375 (355-334) 314)/NET COMMITMENTS-HEDGERS ACCUMULATED/TRADERS LIQUIDATED

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/JULY. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-RANGE-(1067-791).
TRADED UP-VOLATILITY UP-BUYING-BELOW TREND-MINOR RESISTANCE MID(850-878). 
TARGETS/(907 (878-850) 821)/NET COMMITMENTS-HEDGERS SOLD SHORT/TRADERS COVERED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN/JULY-OPEN INTEREST-FLAT. VOLUME-DOWN. LONG TERM RANGE-(593-387). 
TRADED UP-VOLATILITY UP-NET BUYING-ON TREND/UPSIDE-RESISTANCE/CLOSED UP @557.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-HEDGERS SOLD SHORT/TRADERS ACCUMULATED

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-VOLATILITY UP-NET BUYING-ON TREND/DOWNSIDE-RESISTANCE@7197/TREND..
TARGETS/(7021 (7109-7197)/NET COMMITMENTS-HEDGERS SOLD SHORT/TRADERS COVERED