MAJOR GRAINS+CADUSD-TRENDS/TARGETS-MAY15/2020-FRI

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-VOLATILITY(HI/LO PRICE RANGE LENGTH)-ACTIVITY
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 2.56MMT
TRENDS PRICE-DOWN, OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(473-302)
TRADED UP-TREND/CONFIRMED-314/SUPPORT-LESS VOLATILITY-NET BUYING-CLOSE UP@TREND.   
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-HEDGERS MORE LONG/ FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(1067-791).
TRADED UP-TREND/850 AS RESISTANCE-STEADY VOLATILITY-MIXED SELLING-IN CONSOLIDATION. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-HEDGERS MORE SHORT/FUNDS MORE LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-(593-387). 
TRADED FLAT-TREND/CONFIRMED-494/SUPPORT-MORE VOLATILITY-MIXED SELLING-CLOSE DOWN.  
TARGETS/(542 (518-494) 471)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS LESS LONG

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED UP-TREND/OVERSOLD-TESTED 7109/SUPPORT-MORE VOLATILITY-SELLING-CLOSE DOWN
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-HEDGERS FLAT LONG/FUNDS MORE SHORT