MAJOR GRAINS+CADUSD-TREND LINES/TRADING-JUN17/2020-WED

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

CORN (ZCU20)NEW. LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=DOWN 0.82MMT
TREND LINES: PRICES-UP, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(473-302)
TRADED: FLAT-ABOVE TREND LINE-TESTED 333/SUPPORT-LESS VOLATILITY-BUYING-CLOSED FLAT.   
TARGETS: (315 (333-350) 368)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS MORE NET SHORT.

SOYS (ZSX20)NEW. LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICES-UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(1067-791).
TRADED: FLAT-DRIFT DOWN OFF TREND LINE-ABOVE 861-MORE VOLATILITY-BUYING-CLOSED UP. 
TARGETS: (832 (861-890) 919)/COMMITMENTS-HEDGERS MORE NET SHORT/FUNDS MORE NET LONG

WHEAT (ZWU20)NEW: DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICES-DOWN. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM-(593-387). 
TRADED: DOWN-UPSIDE TREND LINE-MET SUPPORT/CLOSED DOWN@494-LESS VOLATILITY-SELLING-.  
TARGETS: (472 (494-516) 561)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS LESS NET LONG

DOLLAR (D6U20) CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-ON UP TREND LINE-MET RESISTANCE@7398-LESS VOLATILITY-3 FLAT CLOSES IN 3 DAYS.
TARGETS: (7232 (7315-7398) 7480)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS LESS NET SHORT