Major Grains-Trends.Trading-Targets-Jan25/21-Mon

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

CORN (ZCH21) LIMIT $0.25/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 5.29MMT
TRENDS: PRICE: UP-OPEN INTEREST: UP/LESS-VOLUME: UP-LONG RANGE (302-541.4)

TRADING: MOVE DOWN-BELOW TREND-TESTED/CLOSE UP ABOVE 506-BUYING-DEESCALATED. 

TARGETS: (484 (506-529) 552) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG.

SOYS (ZSH21). LIMIT $0.60/BU-ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 3.12MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE (791-1436.4).
TRADING: DOWN-BELOW TREND-RESISTANCE@1324-CLOSE ABOVE-BUYING-DEESCALATED. 

TARGETS: (1361 (1324-1288) 1252) COMMERCIALS FLAT SHORT-NON COMMERCIALS-LESS LONG.

WHEAT (ZWH21): LIMIT $0.40/BU ENDING STOCKS/(LESS CHINA)-2020/21-DOWN 1.07MMT 
TRENDS: PRICE: DOWN/(SHARP)-OPEN INTEREST: FLAT-VOLUME: FLAT-LONG RANGE (387-680.6). 
TRADING: DOWN/STEEP-BELOW TREND-TESTED/CLOSED UP ABOVE 641-BUYING-STEADY.

TARGETS: (667 (641-615) 590) COMMERCIALS LMORE SHORT-NON COMMERCIALS MORE LONG

DOLLAR (D6H21): DAY LIMIT $4.00                   
TRENDS: PRICE: UP-OPEN INTEREST: FLAT-VOLUME: FLAT-LONG RANGE-(6809-8295)
TRADING: DOWN-BELOW TREND-SUPPORT@7842-CLOSE DOWN-NET SELLING-DEESCALATED.

TARGETS: (7842 (7930-8019) COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG.