Major Grains+CADUSD-Trend Analysis-Feb23/2021-Tuesday

MARKETS: PRICE-SUPPLY/DEMAND DURING PREVAILING VOLATILITY 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 PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCK21): LIMIT $0.25/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 1.80MMT
TRENDS: PRICE: UP-OPEN INTEREST: DOWN/MAR-VOLUME: UP-LONG RANGE (302-574.4)

TRADING: UP-ON/RESISTANCE@TREND-CLOSE FLAT@552-NET SELLING-FLAT VOLATILITY. 

TARGETS: (506 (529-552) 575) USERS: COVERED SHORT-FUNDS: LIQUIDATED LONG.

SOYS (ZSK21): LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 0.96MMT 
TRENDS: PRICE: UP-OPEN INTEREST: DOWN/MAR-VOLUME: UP TERM RANGE (791-1436.4).
TRADING: UP-CLOSE UP ON TREND@1407/PREVIOUS HIGH-NET BUYING-MORE VOLATILITY. 

TARGETS: (1334 (1370-1407) 1444)  USERS: COVERED SHORT-FUNDS: LIQUIDATED LONG.

WHEAT (ZWK21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 4.96MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM RANGE (387-693.0). 
TRADING: FLAT-ON TREND-RESISTANCE@667/HIGHS-CLOSE FLAT-BUYING-LESS VOLATILITY.

TARGETS: (693 (667-641) 615) USERS: COVERED SHORT-FUNDS: SOLD SHORT.

DOLLAR (D6H21): DAY LIMIT $4.00                   
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: UP-LONG TERM RANGE-(6809-8295)
TRADING: FLAT-ON TREND-TESTED RESISTANCE@7930-CLOSE FLAT- BUYING-FLAT VOLATILITY.

TARGETS: (7842 (7930-8019) USERS: COVERED SHORT-FUNDS: SOLD SHORT