Major Grains+CADUSD-Trends.Analysis-Dec23/2020-Wednesday

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-VOLUME-FLAT-RANGE (302-473)

TRADING: UP-ABOVE TREND-TESTED/CLOSED UP ABOVE RESISTANCE@442-NET BUYING-STEADY. 

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/(ORIGINAL)-OPEN INTEREST UP-VOLUME DOWN-RANGE (791-1267.6).
TRADING: MOVE UP/STEEP-ON TREND-ABOVE 1257-NET BUYING-GAINED MOMENTUM. 

TARGETS: (1188 (1222-1257) 1293) COMMERCIALS FLAT SHORT-NON COMMERCIALS-FLAT LONG.

WHEAT (ZWH21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 1.45MMT 0
TRENDS: PRICE UP/(NEW)-OPEN INTEREST FLAT-VOLUME FLAT-RANGE (387-638). 
TRADING: MOVE UP-ABOVE TREND-HIGH OF 634-CLOSE UP-BUYING-GAINED MOMENTUM.

TARGETS:( 609 (634-659) 686)) COMMERCIALS NOW SHORT-NON COMMERCIALS MORE LONG

DOLLAR (D6H21): DAY LIMIT $4.00                   
TRENDS: PRICE UP/(LESS)-OPEN INTEREST DRIFT LOWER-VOLUME DOWN-RANGE-(6809-8295)
TRADING: UP-MOVE DOWN-TESTED RESISTANCE@7785-CLOSE UP-NET BUYING-LOST MOMENTUM.

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