Major Grains+CADUSD-Trends.Traded.Targets-May20/2021-Thur.

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: UP-MOVE DOWN-ON TREND-RESISTANCE NEAR 673-CLOSE UP-NET BUYING-LESS ACTIVITY. 

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-VOLUME: DOWN-LONG TERM RANGE(791-1667.4).
TRADED: FLAT-MOVE DOWN-ABOVE TREND-SUPPORT AGAIN@1524-CLOSE DOWN-LESS ACTIVITY. 

TARGETS: (1485 (1524-1563) 1602) 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: DOWN/STEEP-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM (387-773.0). 
TRADED: DOWN-BELOW TREND-RESISTANCE HELD@688-CLOSE DOWN-SELLING-LESS ACTIVITY.

TARGETS: (714 (688-668) 636) 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: FLAT-ON/DOWNSIDE TREND-RESISTANCE AGAIN@TREND/8290-BUYING-STEADY ACTIVITY.

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