Major Grains+CADUSD-Trends.Traded.Targets-May17/2021-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: UP-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM RANGE (302-758.2)

TRADED: DOWN-MOVE DOWN-BELOW TREND-TESTED/CLOSE UP ABOVE 648-BUYING-LESS ACTIVITY. 

TARGETS: (599 (623-648) 673) 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-VOLUME: DOWN-LONG TERM RANGE (791-1667.4).
TRADED: MOVE/CLOSE FLAT-ON TREND-RESISTANCE@1602 HELD-IN OFFSET-LESS ACTIVITY. 

TARGETS: (1524 (1563-1602) 1642) COMMERCIAL: FLAT SHORT-NON COMMERCIAL: LESS LONG.

WHEAT (ZWN21): LIMIT $0.45/BU WORLD ENDING STOCKS/(LESS CHINA)-20/21-DOWN-0.85MMT 
TRENDS: PRICE: UP/LESS-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM RANGE (387-773.0). 
TRADED: FLAT-BELOW TREND/RESISTANCE@711-CLOSE DOWN-IN OFFSET-LESS ACTIVITY.

TARGETS: (659 (684-711) 737) COMMERCIAL: LESS SHORT-NON COMMERCIAL: LESS LONG.

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

TARGETS: (8109 (8199-8290) COMMERCIAL: MORE SHORT-NON COMM: MORE LONG