Major Grains+CADUSD-Trends Analysis-November11/2020-Wednesday

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 (ZCH21) LIMIT $0.25/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 11.63MMT
TRENDS: PRICE UP-OPEN INTEREST UP-VOLUME DOWNLONG TERM RANGE (302-473)

TRADING: DOWN-SELLING-BELOW TREND/423-LESS ESCALATED-CLOSE DOWN-HIGHER HIGH. 

TARGETS: (402 (423-442) 464)/NET COMMITMENTS-USERS LESS SHORT/FUNDS LESS LONG

SOYS (ZSF21). LIMIT $0.60/BU-WORLD ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 3.37MMT 
TRENDS: PRICE UP/(SHARP)-OPEN INTEREST UP-VOLUME DOWN-LONG TERM RANGE(791-1112).
TRADING: UP-NET SELLING ABOVE/CLOSE UP@/1154-ABOVE TREND-LESS MOMENTUM-LOOKS WEAK. 

TARGETS: (1088 (1120-1154) 1188)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG.

WHEAT (ZWH21NEW): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 0.50MMT 
TRENDS: PRICE DOWN/(LESS)-OPEN INTEREST LOWER-VOLUME UP-LONG TERM RANGE (387-616). 
TRADING: UP-NET SELLING-CLOSE DOWN-MET RESISTANCE@TREND-ABOVE 613-FLAT MOMENTUM.  

TARGETS: (638 (613-588) 564)/NET COMMITMENTS: USERS LESS SHORT/FUNDS LESS LONG 

DOLLAR (D6Z20): DAY LIMIT $4.00                   
TRENDS: PRICE UP(MODERATE)-OPEN INTEREST UP/(SHARP)-VOLUME FLAT-LONG TERM-(8295-6809)
TRADING:MOVE DOWN-SELLNG-CLOSE DOWN-MET MINOR SUPPORT MID(RANGE)-FLAT MOMENTUM.
TARGETS: (7697 (7609-7522) 7435)/COMMITMENTS:USERS LESS LONG/FUNDS FLAT SHORT