MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS UP: JOIN DISTINCT HIGHER LOWS-TRENDS 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
TRENDS: -PRICE UP -OPEN INTEREST UP -VOLUME UP -LONG TERM RANGE (473-302)
TRADING: ON/DOWNSIDE TREND-MET SUPPORT@315-ESCALATED-NET SELLING-CLOSE DOWN.
TARGETS: (297 (315-333) 350)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS LESS NET SHORT.
SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN-2.13MMT
TRENDS: -PRICE UP/LESS -OPEN INTEREST DOWN -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADING: DOWN-BELOW TREND-MET SUPPORT@860-ESCALATED-BUYING-CLOSE VIRTUALLY FLAT.
TARGETS: (831 (860-889) 917)/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
TRENDS: -PRICE DOWN -OPEN INTEREST UP -VOLUME DOWN -LONG TERM (593-387).
TRADING: DOWN-ON TREND-MET SUPPORT@483-STEADY-NET BUYING-CLOSE UP ABOVE TREND.
TARGETS: (520 (495-471) 447)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS FLAT LONG
DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00
TRENDS: -PRICE UP/LESS -OPEN INTEREST UP -VOLUME DOWN -LONG TERM-(8295-6809)
TRADING: DOWN-ABOVE TREND-SUPPORT@7315-DEESCALATED-SELLING-BELOW CONSOLIDATION.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS FLAT LONG/FUNDS SHORT-NET
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