Friday, June 12, 2020

MAJOR GRAINS+CADUSD-TRENDLINES/TRADING-JUN12/2020-FRI

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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=DOWN 0.82MMT
TREND LINES: PRICE-UP/GRADUAL, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADED: UP-ABOVE TREND LINE/327 TARGET-LESS MOMENTUM-LIQUIDATION-CLOSED FLAT.   
TARGETS: (309 (327-344) 362)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS MORE NET SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICE-UP/STEEP. OPEN INTEREST-UP. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADED: UP-DOWNSIDE TREND LINE-BELOW 878-MORE MOMENTUM-ACCUMULATION-HIGHER LOW. 
TARGETS: (821 (850-878) 907)/COMMITMENTS-HEDGERS MORE NET SHORT/FUNDS MORE NET LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICE-FLAT. OPEN INTEREST-UP. VOLUME DOWN. LONG TERM-(593-387). 
TRADING: DOWN-@MAJOR SUPPORT@TREND LINE/494-STEADY-NET ACCUMULATION-CONSOLIDATION 
TARGETS: (472 (494-516) 561)/COMMITMENTS-HEDGERS MORE NET LONG/FUNDS LESS NET LONG

DOLLAR (D6U20)/NEW CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE DOWN/STEEP. OPEN INTEREST-UP. VOLUME-UP. LONG TERM-(8295-6809)
TRADING: DOWN-ON TREND LINE-TESTED/CLOSED BELOW 7372-LESS MOMENTUM-SHORT SELLING.
TARGETS: (7460 (7372-7285) 7197)/COMMITMENTS-HEDGERS LESS NET LONG/FUNDS LESS NET SHORT.

Thursday, June 11, 2020

MAJOR GRAINS+CADUSD-TREND LINES/TRADING-JUN11/2020-THUR

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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=DOWN 0.82MMT
TREND LINES: PRICE-UP/ORIGINAL, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADED: UP-ABOVE TREND LINE-CLOSED UP ABOVE 327 TARGET MORE MOMENTUM-NET BUYNG.   
TARGETS: (309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.13MMT 
TREND LINES: PRICE-UP/STEEP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADED: FLAT-OFF TREND LINE-MID(850-878-MORE MOMENTUM-OFFSETTING-MAKING LOWER HIGH. 
TARGETS: (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 0.22MMT 
TREND LINES: PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME UP. LONG TERM-(593-387). 
TRADING: DOWN-BELOW TREND LINE-MID (494-516)-MORE MOMENTUM-SELLING-MAJOR LOW@494 
TARGETS: (472 (494-516) 561)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TREND LINES: PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM-(8295-6809)
TRADED: DOWN-ABOVE TREND LINE-CLOSED BELOW 7372-MORE MOMENTUM-MAJOR SELLING-.
TARGETS: (7460 (7372-7285) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Wednesday, June 10, 2020

MAJOR GRAINS+CADUSD-TREND LINES/TRADING-JUN10/2020-WED

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TREND LINES UP: JOIN DISTINCT HIGHER LOWS-TREND LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS: PRICE-UP/ORIGINAL, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADED DOWN-ABOVE TREND LINE-@327 TARGET-LESS MOMENTUM-NET SELLING-CLOSED DOWN.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-UP/STEEP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADED UP-ALONG TREND LINE-MID(850-878-LESS MOMENTUM-NET SELLING@TREND-CLOSED UP. 
TARGETS (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME DOWN. LONG TERM-(593-387). 
TRADED FLAT-BELOW TREND LINE-MID (494-56)-LAST LOW AS SUPPORT-LESS MOMENTUM-OFFSET 
TARGETS/(472 (494-516) 561)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-UP. LONG TERM-(8295-6809)
TRADED UP-ABOVE TREND LINE-CLOSED ABOVE 7460-MORE MOMENTUM-NET SELLING-CLOSING FLAT.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Tuesday, June 09, 2020

MAJOR GRAINS+CADUSD-TRENDS/TRADING-JUN9/2020-TUES

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/MORE, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADED DOWN-DOWNSIDE TREND-TESTED/CLOSED DOWN@327-MORE MOMENTUM-SHORT SELLING.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-UP/STEEP. OPEN INTEREST-FLAT. VOLUME-UP. LONG TERM RANGE-(1067-791).
TRADING DOWN-TESTED/CLOSED FLAT@TREND-ABOVE 850-FLAT MOMENTUM-OFFSETTING. 
TARGETS (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME FLAT. LONG TERM-(593-387). 
TRADING DOWN-BELOW TREND-SUPPORT@LAST LOW-ABOVE/494-MORE MOMENTUM-LIQUIDATION 
TARGETS/(472 (494-516) 561)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADED DOWN-ABOVE TREND-CLOSED@7460-MORE MOMENTUM-OFFSETTING-CLOSED FLAT.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Monday, June 08, 2020

MAJOR GRAINS+CADUSD-TRENDS/TRADING-JUN8/2020-MON

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/MORE, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADING UP-ON REVISED TREND-ABOVE 327-STEADY MOMENTUM-OFFSETTING-CLOSED UP.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-UP/STEEP. OPEN INTEREST-FLAT/DAY. VOLUME-DOWN. LONG TERM RANGE-(1067-791).
TRADED DOWN-ABOVE TREND-MID(850-878)-GAINED MOMENTUM-NET SELLING-CLOSED DOWN. 
TARGETS (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME UP/DAY. LONG TERM-(593-387). 
TRADED DOWN-ON TREND-DOWNSIDE 516-LOST MOMENTUM-SELLING-CLOSED DOWN ON TREND 
TARGETS/(472 (494-516) 561)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADING UP-ABOVE TREND-TESTED/CLOSED ABOVE 7460-LOST MOMENTUM-NET BUYING.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Friday, June 05, 2020

MAJOR GRAINS+CADUSD-TRENDS/TRADING-JUN5/2020-FRI

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/GRADUAL, OPEN INTEREST-UP. VOLUME-UP LONG TERM RANGE-(473-302)
TRADING UP-ABOVE TREND/327-LOST MOMENTUM-ACCUMULATION-CLOSED UP-MET RESISTANCE.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS FLAT SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-UP/STEEP. OPEN INTEREST-DOWN/DAY. VOLUME-UP. LONG TERM RANGE-(1067-791).
TRADED FLAT-ABOVE TREND-BELOW 878/OLD HIGH-LOST MOMENTUM-OFFSETTING-CLOSED FLAT. 
TARGETS (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-DOWN. VOLUME UP/DAY. LONG TERM-(593-387). 
TRADED FLAT-ABOVE TREND-TESTED/CLOSED BELOW 519-LOST MOMENTUM-LIQUIDATION-EXPIRY 
TARGETS/(495 (519-543) 568)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW LONG

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN. OPEN INTEREST-DOWN. VOLUME-FLAT. LONG TERM-(8295-6809)
TRADING UP-ABOVE TREND-@7460-GAINED MOMENTUM-COVERING-CLOSE UP-MIDWAY GAP FILLED.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Thursday, June 04, 2020

MAJOR GRAINS+CADUSD-TREND ANALYSIS-JUN4/2020-THUR

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/GRADUAL, OPEN INTEREST-UP. VOLUME-FLAT LONG TERM RANGE-(473-302)
TRADING UP-ABOVE TREND/327-GAINED MOMENTUM-BUYING-CLOSED UP-@POINTS OF RESISTANCE.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-UP/STEEP. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADING UP-ABOVE TREND-BELOW RESISTANCE@878-GAINED MOMENTUM-NET BUYING-CLOSED UP. 
TARGETS (821 (850-878) 907)/NET COMMITMENTS-HEDGERS LESS SHORT/FUNDS LESS LONG

WHEAT (ZWN20): DAY LIMIT $0.35/BU WORLD ENDING STOCKS/LESS CHINA-19/20=UP 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-UP/LESS. VOLUME FLAT. LONG TERM-(593-387). 
TRADED UP-ABOVE TREND/519-GAINED MOMENTUM-BUYING-CLOSE UP@POINTS OF RESISTANCE 
TARGETS/(495 (519-543) 568)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW EVEN

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/MAJOR. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADING UP-ABOVE TREND-UPSIDE 7372-LOST MOMENTUM-NET SELLING-CLOSED DOWN-TOPPY.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Wednesday, June 03, 2020

MAJOR GRAINS+CADUSD-TREND ANALYSIS-JUN3/2020-WED

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/SLOW, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(473-302)
TRADING FLAT-ABOVE TREND-BELOW 327-MORE MOMENTUM-BUYING-CLOSE FLAT-LOWER HIGHS.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADING UP-ABOVE TREND/850-LESS MOMENTUM-BUYING-CLOSE UP-MET RESISTANCE@HIGHS. 
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 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-UP. VOLUME FLAT. LONG TERM-(593-387). 
TRADING FLAT-MET SUPPORT@TREND-BELOW 519-LESS MOMENTUM-MIXED-CLOSE UP-HIGHER LOW 
TARGETS/(470 (495-519) 543)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW EVEN

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/MAJOR. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED FLAT-ABOVE TREND-ABOVE-7372-LESS MOMENTUM-MIXED-CLOSE UP VIRTUALLY FLAT.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Tuesday, June 02, 2020

MAJOR GRAINS+CADUSD-TREND ANALYSIS-JUN2/2020-TUES

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/SLOW, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(473-302)
TRADED FLAT-ABOVE TREND-RESISTANCE@327-LOST MOMENTUM-MIXED-CLOSED UP-ON OLD HIGHS.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-FLAT. LONG TERM RANGE-(1067-791).
TRADED UP-ABOVE TREND-TESTED 850-FLAT MOMENTUM-NET BUYING-RESISTANCE@HIGHS HELD. 
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 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-FLAT/UP. VOLUME UP. LONG TERM-(593-387). 
TRADED DOWN-UPSIDE TREND-RESISTANCE@519-FLAT MOMENTUM-SELLING-CLOSE UP-FLAT HIGH 
TARGETS/(470 (495-519) 543)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW EVEN

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/MAJOR. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-ABOVE TREND-CLOSED ABOVE-7372-LOST MOMENTUM-BUYING-NEED HIGHER CLOSE.
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT

Monday, June 01, 2020

MAJOR GRAINS+CADUSD-TREND ANALYSIS-JUNE1/2020-MON

MARKETS: PRICE SUPPLY/DEMAND DURING PREVAILING MOMENTUM OF TRADING
TRENDS: LINES UP: JOIN DISTINCT HIGHER LOWS-LINES DOWN: JOIN DISTINCT LOWER HIGHS 
TRADING: DIRECTION-TREND-TARGET-MOMENTUM=LENGTH-HI/LO PRICE RANGE-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 2.56MMT
TRENDS PRICE-UP/SLOW, OPEN INTEREST-UP. VOLUME-DOWN. LONG TERM RANGE-(473-302)
TRADING DOWN-ON TREND-RESISTANCE@327-GAINED MOMENTUM-NET SELLING-CLOSED DOWN.   
TARGETS/(309 (327-344) 362)/NET COMMITMENTS-HEDGERS MORE LONG/FUNDS MORE SHORT.

SOYS (ZSN20)-DAY LIMIT $0.65/BU-WORLD ENDING STOCKS/LESS CHINA-2019/20-DOWN-2.68MMT 
TRENDS PRICE-DOWN. OPEN INTEREST-FLAT. VOLUME-UP/DAY. LONG TERM RANGE-(1067-791).
TRADED FLAT-ABOVE TREND-DOWNSIDE 850-GAINED MOMENTUM-NET SELLING-CLOSED DOWN. 
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 3.34MMT 
TRENDS PRICE-UP/MODERATE. OPEN INTEREST-FLAT. VOLUME FLAT. LONG TERM-(593-387). 
TRADED FLAT-ABOVE TREND-RESISTANCE@519-LOST MOMENTUM-NET SELLING-CLOSED DOWN 
TARGETS/(470 (495-519) 543)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS NOW EVEN

DOLLAR (D6M20) CAD/USD : DAY LIMIT $4.00                    
TRENDS PRICE DOWN/MAJOR. OPEN INTEREST-DOWN. VOLUME-DOWN. LONG TERM-(8295-6809)
TRADED UP-TESTED TREND-RESISTANCE@7372-GAINED MOMENTUM-BUYING-CLOSED ABOVE TREND .
TARGETS/(7460 (7372-7185) 7197)/NET COMMITMENTS-HEDGERS LESS LONG/FUNDS LESS SHORT
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