Major Grains+CADUSD-Trends-Traded-Targets-May24/2021-Mon

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

CORN (ZCN21): $0.40/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-20/21-DOWN 2.31 MMT
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM(302-758.2)

TRADED: DOWN-ON TREND-SUPPORT@648-CLOSE DOWN-SELLING-LESS ACTIVE-DISTINCT LOWER HIGH. 

TARGETS: (623 (648-673) 699) COMMERCIAL: LESS SHORT-NON COMMERCIAL: LESS LONG.

SOYS (ZSN21): $1.00/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-20/21-DOWN 0.52MMT 
TRENDS: PRICE: UP-OPEN INTEREST: DOWN/LESS-VOLUME: DOWN-LONG RANGE(791-1667.4).
TRADED: DOWN/STEEP-ABOVE TREND-CLOSE DOWN-RESISTANCE@1524-BUYING-LESS ACTIVE. 

TARGETS: (1485 (1524-1563) 1602) COMMERCIAL: LESS SHORT-NON COMMERCIAL: LESS LONG.

WHEAT (ZWN21): LIMIT $0.45/BU WORLD ENDING STOCKS/(LESS CHINA)-20/21-DOWN-0.85MMT 
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM (387-773.0). 
TRADED:  DOWN-BELOW TREND-TESTED/CLOSE DOWN@661-NET BUYING-MORE ACTIVITY.

TARGETS: (688 (661-635) 610) COMMERCIAL: LESS SHORT-NON COMMERCIAL: MORE LONG.

DOLLAR (D6M21)(JUNE): DAY LIMIT $4.00                   
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: DOWN-LONG TERM RANGE-(6809-8301)
TRADED: FLAT-ON/TESTED RESISTANCE/CLOSE FLAT@TREND/8290-SELLNG-LESS ACTIVITY.

TARGETS: (8199-8290) 8381) COMMERCIAL: MORE SHORT-NON COMM: MORE LONG