MAJOR GRAINS+CAD/USD-TRENDS/TRADING-MAY8/2020-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 5.83MMT
TRENDS PRICE-DOWN/LESS, OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(473-302).
TRADING UP-TREND/324/LAST HIGH AS RESISTANCE-STEADY-NET BUYING-@POINT OF CONVERGENCE.  
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-2.99MMT 
TRENDS PRICE-DOWN/LESS. OPEN INTEREST-UP. VOLUME-UP/FLAT. LONG TERM RANGE-(1067-791).
TRADED UP-TREND/850/TOP OF CONSOLIDATION AS RESISTANCE-DEESCALATED-NET BUYING-. 
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 3.63MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM-(593-387). 
TRADED FLAT-BELOW TREND-ABOVE 513-DEESCALATED-NET BUYING-ON CONVERGING TREND  
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED UP-TESTED/1ST CLOSE ABOVE CONVERGING TREND-DOWNSIDE 7197-DEESCALATED-BUYING
TARGETS/(6985 (7068-7150) 7233)/NET COMMITMENTS-HEDGERS FLAT LONG/FUNDS MORE SHORT