Major Grains+CADUSD+Trends Analysis-Nov17/2020-Tuesday

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/(MORE)-OPEN INTEREST UP//(LESS)-VOLUME DOWN-LONG TERM (302-473)

TRADING: UP/SHARP-NET BUYING-CLOSER BELOW TREND-ON 423/(SUPPORT)-LESS MOMENTUM. 

TARGETS: (402 (423-442) 464) COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG

SOYS (ZSF21). LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 3.37MMT 
TRENDS: PRICE UP/(SHARP)-OPEN INTEREST DRIFT UP-VOLUME DOWN-LONG TERM (791-1178).
TRADING: UP/STEEP-NET BUYING/CLOSE-ABOVE TREND-MID(RANGE)-MORE MOMENTUM. 

TARGETS: (1120 (1154-1188) 1222) COMMERCIALS MORE SHORT-NON COMMERCIALS-MORE LONG.

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

TARGETS: (638 (613-588) 564) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG

DOLLAR (D6Z20): DAY LIMIT $4.00                   
TRENDS: PRICE DOWN-OPEN INTEREST UP/(less)-VOLUME DOWN-LONG TERM-(8295-6809)
TRADING: FLAT-MATCHED BUYING-ABOVE TREND-CLOSE UP-ABOVE 7609-LESS MOMENTUM.
TARGETS: (7697 (7609-7522) 7435) COMMERCIALS NOW SHORT-NON COMMERCIALS MORE SHORT.