MAJOR GRAINS+CAD/USD-TREND ANALYSIS-SEPT16/2019-MON

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 (ZCZ19): DAILY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 1.46MMT
TRENDS/PRICE-DOWN/LESS. OPEN INTEREST-DOWN DAY. VOLUME-UP. LONG TERM-(473-352)
TRADED UP-MOVE UP/MORESO-STEADY-BUYING-DOWNSIDE RESISTANCE@PREVIOUS HIGH BELOW 382
TARGETS/(401 (382-364) 345)TRADERS/COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG 

SOYS (ZSX19) DAILY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 2.21MMT 
TRENDS/PRICE-DOWN/LESS. OPEN INTEREST-FLAT DAY. VOLUME FLAT. LONG TERM (1067-791) 
TRADED UP-MOVE UP/MORESO-DEESCALATED-SELLING-RESISTANCE TO POTENTIAL BREAKOUT UP@901
TARGETS/(929 (901-872) 844)TRADERS/COMMERCIALS MORE LONG-NON COMMERCIALS MORE SHORT

WHEAT (ZWZ19): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 1.41MMT 
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-FLAT. VOLUME-FLAT. RANGE-(593-418). 
TRADED FLAT-MOVE UP/MORESO-DEESCALATED-MATCHED BUYING-POTENTIAL BREAKOUT UP     
TARGETS/(520 (499-479) 459)TRADERS/COMMERCIALS MORE LONG-NON COMMERCIALS LESS LONG

DOLLAR CAD/USD (DEC/19): DAILY LIMIT $4.00                       
TRENDS/PRICE-DOWN/INITIAL. OPEN INTEREST-UP. VOLUME-FLAT. RANGE (8295-6810)
TRADED FLAT-MOVE DOWN-DEESCALATED-MATCHED-ABOVE TREND-DOWNSIDE 7587    
TARGETS/(7672 (7587-7501) 7416)/COMMERCIALS MORE SHORT-NON COMMERCIALS MORE LONG