Major Grains+CADUSD-Trends.Analysis-Dec29/2020-Tuesday

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-LONG RANGE (302-476)

TRADING: MOVE UP/STEEP-TREND OVERBOUGHT-463 AS LOW-BUYING-CLOSE UP-DEESCALATED. 

TARGETS: (421 (442-463) 484) COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG.

SOYS (ZSH21). LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 0.58MMT 
TRENDS: PRICE: FIRST UP-OPEN INTEREST DOWN/(JAN)-VOLUME FLAT-RANGE (791-1306.0).
TRADING: MOVE UP/STEEP-TREND OVERBOUGHT-1293 TESTED-NET BUYING-DEESCALATED. 

TARGETS: (1222 (1257-1293) 1334) COMMERCIALS MORE SHORT-NON COMMERCIALS-MORE LONG.

WHEAT (ZWH21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 1.45MMT 0
TRENDS: PRICE UP/(SHARP)-OPEN INTEREST FLAT-VOLUME DOWN-LONG RANGE (387-638). 
TRADING: FLAT-MOVE DOWN-ON TREND-ABOVE 609-CLOSE UP-NET BUYING DEESCALATED

TARGETS:(584 (609-634) 659) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG

DOLLAR (D6H21): DAY LIMIT $4.00                   
TRENDS: PRICE LAST UP-OPEN INTEREST FLAT-VOLUME DOWN-LONG RANGE-(6809-8295)
TRADING: UP-MOVE UP-ABOVE TREND/7785-CLOSE UP-NET BUYING-ESCALATED.

TARGETS: (7697-(7785-7869) COMMERCIALS MORE SHORT-NON COMMERCIALS NOW LONG.