Major Grains+CADUSD-Trends.Analysis-Dec01-Tuesday

MARKETS: PRICE-SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS
TRADED: 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 11.63MMT
TRENDS: PRICE LAST UP-OPEN INTEREST DOWN-VOLUME DOWN-LONG TERM (302-473)

TRADED: DOWN-ABOVE TREND-LOW NEAR 418/CLOSE-NET SELLING-DEESCALATED-REVERSAL 

TARGETS: (439 (418-397) 378) COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG

SOYS (ZSF21). LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 3.37MMT 
TRENDS: PRICE LAST UP-OPEN INTEREST UP-VOLUME DOWN-LONG TERM (791-1200).
TRADED DOWN-ABOVE TREND-BELOW SUPPORT@1165-SELLING-DEESCALATED-REVERSAL. 

TARGETS: (1200 (1165-1131) 1097) COMMERCIALS FLAT SHORT-NON COMMERCIALS-FLAT LONG.

WHEAT (ZWH21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 0.50MMT 
TRENDS: PRICE DOWN/(MORE)-OPEN INTEREST DOWN-VOLUME FLAT-LONG TERM RANGE (387-638). 
TRADING: MOVE DOWN(STEEP)-ABOVE TREND-588 AS RESISTANCE-NET SELLING-DEESCALATED-  

TARGETS: (613 (588-564) 540) COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG

DOLLAR (D6Z20): DAY LIMIT $4.00                   
TRENDS: PRICE UP-OPEN INTEREST UP/(LESS)-VOLUME FLAT-LONG TERM-(8295-6809)
TRADING: DOWN-ABOVE TREND-BELOW 7785-CLOSE UP-BUYING-STEADY-RESISTANCE@LAST HIGH.
TARGETS: (7522 (7609-7697) 7785) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG.