MAJOR GRAINS+CAD/USD-TREND ANALYSIS-SEPT12/2019-THURS

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: LINES JOINING: TRENDS UP-DISTINCT HIGHER LOWS-TRENDS DOWN DISTINCT LOWER HIGHS 
TRADED: DIRECTION-MOVE-VOLATILITY (LENGTH OF HI/LO PRICE RANGE)-ACTIVITY-TREND-TARGET 
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (CZ19): DAILY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 1.46MMT
TRENDS/PRICE-DOWN/LESS. OPEN INTEREST-UP. VOLUME-UP DAY. LONG TERM-(473-352)
TRADED UP-MOVE UP-ESCALATED-BUYING-ABOVE TREND-TESTED/CLOSED ABOVE RESISTANCE@364
TARGETS/(382 (364-345) 326)TRADERS/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG 

SOYS (SX19) DAILY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 2.21MMT 
TRENDS/PRICE-INITIAL DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM (1067-791) 
TRADED UP-MOVE UP-ESCALATED-BUYING-ABOVE TREND-CLOSED@LAST DISTINCT HIGH-BELOW 901
TARGETS/(929 (901-872) 844)TRADERS/COMMERCIALS LESS LONG-NON COMMERCIALS LESS SHORT

WHEAT (WZ19): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 1.41MMT 
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-DOWN. VOLUME-FLAT. RANGE-(593-418). 
TRADED UP-MOVE UP-ESCALATED-BUYING-ABOVE TREND-TESTED/CLOSED ABOVE RESISTANCE@479     
TARGETS/(499 (479-459) 438)TRADERS/COMMERCIALS NOW LONG-NON COMMERCIALS NOW EVEN

DOLLAR CAD/USD (SEP/2019): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-DOWN. VOLUME-FLAT. RANGE (8295-6810)
TRADED DOWN-MOVE DOWN-DEESCALATED-SELLING-ABOVE TREND-DOWNSIDE 7587    
TARGETS/(7672 (7587-7501) 7416)/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG