Major Grains+CADUSD-Trend Analysis-Sep22/2020-Tues

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=+2.42MMT
TRENDS: PRICE UP-OPEN INTEREST UP(MORE)--VOLUME UP-RANGE LONG TERM (302-473)

TRADING: MOVE DOWN-RESISTANCE@TREND-SUPPORT@364-DEESCALATED-OFFSET-CLOSE FLAT.  

TARGETS: (340 (358-376) 394)/NET COMMITMENTS-USERS MORE SHORT/FUNDS MORE LONG

SOYS (ZSX20). LIMIT $0.60/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=(26.98)MMT 
TRENDS: PRICE UP/(STEEP)-OPEN INTEREST DAY/FLAT-VOLUME DOWN-LONG TERM (791-1067).
TRADING: MOVE DOWN-ASIDE TREND-TESTED SUPPORT@1022-STEADY-SELLiNG-CLOSE DOWN. 

TARGETS: (993 (1022-1051) 1079/NET COMMITMENTS: USERS MORE SHORT/FUNDS MORE LONG.

WHEAT (ZWZ20): LIMIT $0.40/BU WORLD END STOCKS/LESS CHINA-19/20=+1.42MMT 
TRENDS: PRICE UP(STEEP)-OPEN INTEREST DAY/FLAT-VOLUME DOWN-LONG TERM (387-593). 
TRADING:FLAT-ASIDE TREND-TESTED RESISTANCE@561-DEESCALATED-BUYING-CLOSE UP.  

TARGETS: (520 (541-561) 581)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG

DOLLAR (D6Z20)(NEW): DAY LIMIT $4.00                    
TRENDS: PRICE DOWN(MORE)-OPEN INTEREST UP-VOLUME DAY/DOWN-LONG TERM-(8295-6809)
TRADING: MOVE DOWN-BELOW TREND-ABOVE SUPPORT@7480-DEESCALATED-BUYING-CLOSE UP.

TARGETS: (7398 (7480-7563) 7646)/COMMITMENTS:USERS NOW SHORT/FUNDS FLAT SHORT