Monday, May 04, 2020

MAJOR GRAINS+CAD/USD-TREND ACTIVITY-MAY4/2020-MON

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-VOLATILITY (HI/LO PRICE RANGE LENGTH)-ACTIVITY
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN, OPEN INTEREST-DOWN/MORE. VOLUME-FLAT. LONG TERM-(473-302).
TRADED DOWN-AWAY FROM TREND-TESTED/CLOSED DOWN ABOVE SUPPORT@314-BUYING.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-HEDGERS MORE LONG/ FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-DOWN/LESS. VOLUME-DOWN. LONG TERM-(1067-791).
TRADED-DOWN-ABOVE LOWER TREND-RESISTANCE@850-SUPPORT@LAST LOW-ESCALATED-SELLING. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-TREND/520 AS RESISTANCE-SUPPORT@LAST LOW-NET BUYING-ON CONVERGENCE   
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP/LESS. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED DOWN-TESTED/CLOSED ABOVE TREND@7109-DEESCALATED-BUYING-BELOW CONVERGENCE
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT

Friday, May 01, 2020

MAJOR GRAINS+CAD/USD-TREND ACTIVITY-MAY1/2020-FRI

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-VOLATILITY (HI/LO PRICE RANGE LENGTH)-ACTIVITY
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN, OPEN INTEREST-DOWN/LESS. VOLUME-DOWN. LONG TERM-(473-302).
TRADED FLAT-DOWNSIDE TREND-UP FROM SUPPORT@314-CLOSED FLAT-DEESCALATED-BUYING.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-HEDGERS MORE LONG/ FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/LESS. OPEN INTEREST-DOWN/LESS. VOLUME-FLAT. LONG TERM-(1067-791).
TRADED-FLAT-BELOW TREND-PENETRATED/CLOSED DOWN@850-DEESCALATED-NET SELLING. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED FLAT-ON TREND DOWN-TREND UP TESTED/CLOSED DOWN@514-CONVERGENCE-SELLING.   
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP/LESS. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-REPEATED SUPPORT@TREND-BELOW 7109/CONVERGENCE-ESCALATED-SELLING
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT

Thursday, April 30, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR 30-THUR

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/LESS, OPEN INTEREST-DOWN/K EXPIRY. VOLUME-UP. LONG TERM-(473-302).
TRADED UP-STEADY-NET BUYING-@REVISED TREND AS RESISTANCE-MID(314-334)-CLOSED UP.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS COVERED.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/LESS. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(1067-791).
TRADED-UP ESCALATED-BUYING-BELOW REVISED TREND-ABOVE 850-MADE DISTINCT HIGHER LOW. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-STEADY-NET BUYING-UP THROUGH CONVERGING TRENDS/514-CLOSED ABOVE.    
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-COMS /NON COMS FLAT IN OFFSET

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED UP-STEADY-SELLING@CONVERGENCE POINT-NO BREAKOUT UP/CLOSE-LOWER-BELOW 7197
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

Tuesday, April 28, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR28/2020-TUES

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/MORE, OPEN INTEREST-DOWN/LESS. VOLUME-DOWN. LONG TERM-(473-302).
TRADED DOWN-DEESCALATED-SELLING-ABOVE REVISED TREND-SUPPORT PREVAILED AGAIN@314.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS COVERED.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP/LESS. VOLUME-FLAT. LONG TERM-RANGE-(1067-791).
TRADING DOWN/STEEP-DEESCALATED-NET SELLING-ON TREND-MID 850-821-CLOSED ON TREND. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-STEADY-MIXED-ABOVE TREND-SUPPORT@520-POTENTIAL CONVERGENCE.    
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-COMS /NON COMS FLAT IN OFFSET

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-ESCALATED-NET BUYING-ON TREND-TESTED/CLOSED UP@7150-CONVERGING
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS COVERED/NON COMS IN OFFSET

Friday, April 24, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR27/2020-MONDAY

CONFIRMING-THIS REPORT IS FOR APRIL 27-MONDAY 
MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING VOLATILITY OF TRADING
TRENDS: UP: JOIN DISTINCT HIGHER LOWS-TRENDS DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-VOLATILITY (HI/LO PRICE RANGE LENGTH)-ACTIVITY-TREND-TARGETS
TARGETS: PROJECTED MEASURED PRICE LEVELS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN, OPEN INTEREST-DOWN/EXPIRY. VOLUME-DOWN. LONG TERM-(473-302).
TRADED DOWN/STEEP-ESCALATED-SELLING-BELOW TREND-SUPPORT PREVAILED/CLOSED@314.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS ACCUMULATED/NON COMS COVERED.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-RANGE-(1067-791).
TRADING DOWN/STEEP-STEADY-SELLING-ABOVE TREND-MINOR SUPPORT MID(850-821) PREVAILED. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-REVISED DOWN.-OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED DOWN-DEESCALATED-NET SELLING-UPSIDE TREND-SUPPORT MID(535-513) PREVAILED.    
TARGETS/(557 (535-513) 491)/NET COMMITMENTS-COMS /NON COMS FLAT IN OFFSET

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED FLAT-DEESCALATED-BUYING-OFF/DOWNSIDE TREND-TESTED/CLOSED UP ABOVE 7109
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS COVERED/NON COMS IN OFFSET

Thursday, April 23, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR23/2020-THUR

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/LESS, OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-RANGE (473-302).
TRADING UP-VOLATILITY DECREASED-MIXED-REVISED TREND-AS RESISTANCE-BELOW 334.  
TARGETS/(355 (334-314 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-RANGE-(1067-791).
TRADING UP-VOLATILITY INCREASED-NET BUYING-ABOVE TREND/DOUBLE BOTTOM@821@850. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-FLAT.VOLUME-DOWN. LONG TERM RANGE-(593-387). 
TRADED UP-VOLATILITY STEADY-NET BUYING-TESTED TREND-MID 535-557-FLAT CONSOLIDATION.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE UP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADING UP-VOLATILITY INCREASED-BUYING-TESTED TREND@7109-CONFIRMING HIGHER LOW
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED

Wednesday, April 22, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR22/2020-WED

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-RANGE (473-302).
TRADED UP-VOLATILITY STEADY-NET BUYING-ABOVE TREND-RESISTANCE/CLOSE@325 (VALID).  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-UP. LONG TERM-RANGE-(1067-791).
TRADED UP-VOLATILITY DECREASED-MIXED SELLING-ABOVE TREND-RESISTANCE@850-PREVAILED. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-UP.VOLUME-DOWN. LONG TERM RANGE-(593-387). 
TRADED DOWN-VOLATILITY DECREASED-NET SELLING-DOWNSIDE TREND-UPSIDE 535.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-FUP. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-VOLATILITY DECREASED-NET SELLING-ON TREND-UPSIDE SUPPORT@7021
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED

Tuesday, April 21, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR21/2020-TUES

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-UP. LONG TERM-(473-302).
TRADING DOWN-VOLATILITY INCREASED-NET SELLING-TESTED TREND/314-CLOSED ABOVE BOTH.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-UP. LONG TERM-RANGE-(1067-791).
TRADING DOWN-VOLATILITY INCREASED-NET BUYING-CLOSED ABOVE TREND-SUPPORT@821-HELD. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN.-OPEN INTEREST-UP/SLOW.VOLUME-FLAT. LONG TERM RANGE-(593-387). 
TRADED FLAT-VOLATILITY DECREASED-NET SELLING-TESTED/CLOSED BELOW TREND-ABOVE 535.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-VOLATILITY INCREASED-NET SELLING-ABOVE TREND-SUPPORT@7021 PREVAILED
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED

Monday, April 20, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APRIL20/2020-MON

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(473-325).
TRADED DOWN-MORE VOLATILITY-SELLING-MORE BELOW TREND-TESTED/CLOSED BELOW 325.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-RANGE-(1067-791).
TRADING DOWN-MORE VOLATILITY-NET SELLING-ON/UPSIDE TREND AS SUPPORT-MID (850-821)-. 
TARGETS (878 (850-821) 792/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN/LESS-OPEN INTEREST-UP//LESS.VOLUME-UP. LONG TERM RANGE-(593-387). 
TRADED UP-MORE VOLATILITY-NET BUYING-TESTED/CLOSED BELOW REVISED TREND-ABOVE 535.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-MORE VOLATILITY-SELLING-ABOVE TREND-BELOW 7109-NEW LOWER HIGH.
TARGETS/(7197 (7109-7021) 6933)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED

Friday, April 17, 2020

MAJOR GRAINS+CAD/USD-TREND ANALYSIS-APR17/2020-FRI

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

CORN (ZCN20): DAY LIMIT $0.25/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20=UP 5.83MMT
TRENDS PRICE-DOWN. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(473-325).
TRADED UP-VOLATILITY STEADY-NET BUYING-BELOW/PARALLEL TO TREND-ABOVE 325/BOTTOM.  
TARGETS/(355 (334-314) 294)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.99MMT 
TRENDS PRICE-DOWN/MORE. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-RANGE-(1067-791).
TRADING DOWN-VOLATILITY STEADY-NET SELLING-UPSIDE TREND-RESISTANCE PREVAILED@850. 
TARGETS/(907 (878-850) 821)/NET COMMITMENTS-COMS SOLD SHORT/NON COMS ACCUMULATED

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.63MMT 
TRENDS PRICE-DOWN/STEEP-OPEN INTEREST-UP. VOLUME-UP. LONG TERM RANGE-(593-387). 
TRADING DOWN-LESS VOLATILITY-NET BUYING-ALONG TREND-RESISTANCE PREVAILED@535.    
TARGETS/(580 (557-535) 513)/NET COMMITMENTS-COMS COVERED/NON COMS SOLD SHORT

DOLLAR (D6M20)/NEW CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/NEW. OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-VOLATILITY STEADY-BUYING-ABOVE REVISED TREND-CLOSED ABOVE 7109-.
TARGETS/(7197 (7109) 7021)/NET COMMITMENTS-COMS/NON COMS BOTH ACCUMULATED
Google+