Major Grains+CADUSD+Trends Analysis-Nov02/2020-Monday

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)-2020/21-DOWN 6.2MMT
TRENDS: PRICE DOWN/(SHARP)-OPEN INTEREST UP/(FLAT)-VOLUME DOWN-LONG TERM (473-302)

TRADING: FLAT-NET BUYING-TESTED RESISTANCE@TREND-BELOW 402-MORE MOMENTUM-CLOSE UP 

TARGETS: (422 (402-382) 362)/NET COMMITMENTS-USERS MORE SHORT!/FUNDS MORE LONG!

SOYS (ZSF21). LIMIT $0.60/BU-WORLD ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 4.89MMT 
TRENDS: PRICE DOWN/(STEEP)-OPEN INTEREST DOWN-VOLUME DOWN-LONG TERM (1079-791).
TRADING: DOWN-NET SELLING-ASIDE TREND-MET RESISTANCE@1055-LESS MOMENTUM-CLOSE DOWN. 

TARGETS: (1088 (1055-1023) 991)/NET COMMITMENTS: USERS MORE SHORT!/FUNDS MORE LONG!.

WHEAT (ZWZ20): LIMIT $0.40/BU WORLD ENDING STOCKS/(LESS CHINA)-2020/21-UP 1.58MMT 
TRENDS: PRICE DOWN/(SHARP)-OPEN INTEREST UP/(DRIFT)-VOLUME FLAT-LONG TERM (616-387). 
TRADING: UP-BUYING-TESTED RESISTANCE@TREND-BELOW 613-MORE MOMENTUM-REVERSAL UP.  

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

DOLLAR (D6Z20): DAY LIMIT $4.00                    
TRENDS: PRICE DOWN/(MORE)-OPEN INTEREST DOWN-VOLUME DOWN-LONG TERM-(8295-6809)
TRADING: UP-NET BUYING-RESISTANCE@TREND/HIGHS/7522-MORE MOMENTUM-CLOSE UP.

TARGETS: (7609 (7522-7435) 7349)/COMMITMENTS:USERS LESS LONG/FUNDS FLAT SHORT