MAJOR GRAINS+CADUSD-TRENDS/TRADING-MAY18/2020-MON

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-UP. VOLUME-FLAT. LONG TERM RANGE-(473-302)
TRADING UP-TREND AS RESISTANCE-ABOVE 314/SUPPORT-STEADY VOLATILITY-MIXED-CLOSED UP.   
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/FLAT. VOLUME-DOWN. LONG TERM RANGE-(1067-791).
TRADING UP-ABOVE TREND-MID (850-821)-STEADY VOLATILITY-NET SELLING-LOOKS TOPPY. 
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-DOWN. VOLUME-FLAT. LONG TERM-(593-387). 
TRADED DOWN-ABOVE TREND-DOWNSIDE TREND-LESS VOLATILITY-SELLING-CLOSED DOWN.  
TARGETS/(543 (516-494) 472)/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 AS RESISTANCE TESTED MID (7109-7197)-MORE VOLATILITY-BUYING-CLOSED UP.
TARGETS/(7285 (7197-7109) 7021)/NET COMMITMENTS-HEDGERS FLAT LONG/FUNDS MORE SHORT