MAJOR GRAINS+CAD/USD-TRENDS/TRADED-JAN17/2019-FRI

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

CORN (ZCH20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS (CHINA)-2019/20=DOWN 0.75MMT
TRENDS: PRICE-DOWN. OPEN INTEREST-DOWN DAY. VOLUME-UP LONG TERM RANGE (352-473)
TRADING HIGHER-ON COVERING-MOMENTUM STEADY-UP THROUGH/CLOSED ABOVE TREND@387  
TARGETS/(405 (387-369) 352)/(NET) COMMITMENT-HEDGERS LESS SHORT/TRADERS LESS LONG 

SOYS (ZSH20)-DAY LIMIT $0.65/BU-WORLD END STOCKS/LESS CHINA-2019/20=UP 0.27MMT 
TRENDS: PRICE DOWN. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM RANGE (791-1067) 
TRADED FLAT-ACCUMULATION-GAINED MOMENTUM-OVERSOLD VERSUS TREND-RESISTANCE@932 
TARGETS/(988 (960-932) 903)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG

WHEAT (ZWH20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS (CHINA)-19/20=DOWN 0.57MMT 
TRENDS: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE (387-593). 
TRADED FLAT-NET ACCUMULATION-LOST MOMENTUM-ON TREND-RESISTANCE MID(561-581)    
TARGETS/(541 (561-581) 603)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG

DOLLAR (D6H20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS: PRICE-UP. OPEN INTEREST-FLAT DAY. VOLUME-FLAT. LONG TERM RANGE (6809-8295)
TRADING FLAT-OFFSET SELLING-GAINED MOMENTUM-THROUGH SUPPORT@TREND-ABOVE 7634 
TARGETS/(7634-7717) 7803)/(NET) COMMITMENT-HEDGERS MORE SHORT/TRADERS MORE LONG