MAJOR GRAINS+CADUSD-TREND LINES/TRADING-JUN11/2020-THUR

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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=DOWN 0.82MMT
TREND LINES: PRICE-UP/ORIGINAL, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADED: UP-ABOVE TREND LINE-CLOSED UP ABOVE 327 TARGET MORE MOMENTUM-NET BUYNG.   
TARGETS: (309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICE-UP/STEEP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADED: FLAT-OFF TREND LINE-MID(850-878-MORE MOMENTUM-OFFSETTING-MAKING LOWER HIGH. 
TARGETS: (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME UP. LONG TERM-(593-387). 
TRADING: DOWN-BELOW TREND LINE-MID (494-516)-MORE MOMENTUM-SELLING-MAJOR LOW@494.  
TARGETS: (472 (494-516) 561)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM-(8295-6809)
TRADED: DOWN-ABOVE TREND LINE-CLOSED BELOW 7372-MORE MOMENTUM-MAJOR SELLING-.
TARGETS: (7460 (7372-7285) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT