Major Grains+CADUSD-Trends/Trading-Targets-Aug6/2020-Thur

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS 
TRADED: DIRECTION-VERSUS TREND/TARGET-MOMENTUM(HI/LO PRICE RANGE)-CLOSE
TARGETS: PROJECTED/MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCZ20). LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 18.83MMT
TRENDS: PRICE DOWN-OPEN INTEREST UP -VOLUME FLAT-LONG TERM RANGE (473-302)

TRADED: UP-MOVE FLAT ABOVE TREND-MET SUPPORT@322-STEADY-BUYING-CLOSE UP  

TARGETS: 358 (340-322) 304)/NET COMMITMENTS-USERS MORE LONG/FUNDS MORE SHORT

SOYS (ZSX20). LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN-2.13MMT 
TRENDS: PRICE UP-OPEN INTEREST-UP SLOW -VOLUME DOWN -LONG TERM RANGE (1067-791).
TRADED: DOWN-MOVE DOWN-RESISTANCE@TREND-SUPPORT/CLOSE@878-STEADY-SELLING. 

TARGETS: (821 (850-878) 907)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG.

WHEAT (ZWU20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TRENDS: PRICE DOWN/STEEP-OPEN INTEREST FLAT-VOLUME UP -LONG TERM (593-387). 
TRADED: MOVE DOWN-ON TREND-MET SUPPORT@500-ESCALATED-SELLING-CLOSED DOWN.  

TARGETS: (541(520-500) 479)/NET COMMITMENTS: USERS FLAT LONG/FUNDS FLAT LONG

DOLLAR (D6U20): DAY LIMIT $4.00                    
TRENDS: PRICE UP/MAJOR -OPEN INTEREST FLAT -VOLUME DOWN -LONG TERM-(8295-6809)
TRADED: FLAT-ABOVE TREND-MET RESISTANCE@7563/SUPPORT@LAST HIGH-STEADY-SELLING.

TARGETS: (7398 (7480-7563) 7646)/NET COMMITMENTS: USERS LESS LONG/FUNDS FLAT LONG