Major Grains-CADUSD-Trends.Analysis-Dec18/2020-Friday

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

CORN (ZCH21) LIMIT $0.25/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 2.47MMT
TRENDS: PRICE LAST UP-OPEN INTEREST UP/DAY-VOLUME-FLAT-LONG TERM (302-473)

TRADING: UP-ON/UPSIDE TREND-BELOW RESISTANCE@442-CLOSE UP-BUYING-LOST MOMENTUM. 

TARGETS: (402 (421-442) 463) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG.

SOYS (ZSH21). LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 0.58MMT 
TRENDS: PRICE UP/(MORE)-OPEN INTEREST UP-VOLUME DOWN-LONG TERM (791-1228.6).
TRADING: UP-@REVISED TREND-TESTED/CLOSED@1222-BUYING-STEADY-NEW HIGH-BULLISH. 

TARGETS: (1154 (1188-1222) 1257) COMMERCIALS FLAT SHORT-NON COMMERCIALS-FLAT LONG.

WHEAT (ZWH21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 1.45MMT 
TRENDS: PRICE LAST DOWN-OPEN INTEREST FLAT-VOLUME DOWN-LONG TERM RANGE 387-638). 
TRADING: MOVE UP/STEEP-ABOVE TREND-TESTED 613-CLOSE FLAT-NET SELLING-LOST MOMENTUM.

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

DOLLAR (D6H21): DAY LIMIT $4.00                   
TRENDS: PRICE UP-OPEN INTEREST UP/SHARP-VOLUME DOWN-LONG TERM-(8295-6809)
TRADING: FLAT-BELOW TREND-RESISTANCE@7869 HELD-CLOSE DOWN-SELLING-GAINED MOMENTUM.

TARGETS: (7697-(7785-7869) 7959) COMMERCIALS MORE SHORT-NON COMMERCIALS LESS SHORT.