MAJOR GRAINS+CAD/USD-TREND LINES/TRADING-JUN18/2020-THU

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-VOLATILITY=LENGTH-HI/LO PRICE RANGE-ACTIVITY
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCU20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.82MMT
TREND LINES: PRICES-UP, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(473-302)
TRADED: UP-ABOVE TREND LINE-ON 333/SUPPORT-STEADY-SELLING-RESISTANCE@PREVIOUS HIGHS.   
TARGETS: (315 (333-350) 368)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS MORE NET SHORT.

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICES-UP/LESS. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(1067-791).
TRADED: UP-ABOVE REVISED TREND-@880-LESS VOLATILITY-SELLING-CLOSED FLAT-ABOVE DRIFT. 
TARGETS: (832 (861-890) 919)/COMMITMENTS-HEDGERS MORE NET SHORT/FUNDS MORE NET LONG

WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICES-DOWN. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM-(593-387). 
TRADING: DOWN-ON TREND LINE-TESTED/CLOSED DOWN BELOW 494-MORE VOLATILITY-SELLING-.  
TARGETS: (472 (494-516) 561)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS LESS NET LONG

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADING UP-ON TREND LINE-MET RESISTANCE@7398-MORE VOLATILITY-SELLING-CLOSED DOWN.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS LESS NET SHORT