Major Grains+CADUSD-Trends.Trading.Targets-July16/2021-Fri.

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

CORN (ZCZ21): $0.40/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 1.77 MMT
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: UP-VOLUME: DOWN-LONG TERM(302-758.2)

TRADING: FLAT-ABOVE TREND-MORE RESISTANCE@564-CLOSE DOWN-SELLING-ESCALATED-TOPPY. 

TARGETS: (588(564-540)517)COMMERCIAL-LESS NET SHORT/NON COMMERCIAL-LESS NET LONG.

SOYS (ZSX21): $1.00/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-20/21-UP 4.93MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: DOWN-LONG TERM(791-1667.4).
TRADING: MOVE UP-ABOVE TREND-TESTED RESISTANCE@1403-CLOSE UP-SELLING-ESCALATED. 

TARGETS: (1441(1403-1366)1329)COMMERCIAL-LESS NET SHORT/NON COMMERCIAL-LESS NET LONG.

WHEAT (ZWU21): LIMIT $0.45/BU WORLD END STOCKS/(LESS CHINA)-20/21-DOWN 5.12FMMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: LOWER-VOLUME: DOWN-LONG TERM(387-773.0). 
TRADING: UP-MOVE UP-'ON TREND-TESTED/CLOSE UP ABOVE 687-BUYING-ESCALATED.

TARGETS: (714(688-661)635)COMMERCIAL-NOW NET LONG/NON COMMERCIAL-LESS NET LONG.

DOLLAR (D6U21): DAY LIMIT $4.00                   
TRENDS: PRICE: DOWN/MODERATE-OPEN INTEREST: DOWN-VOLUME: UP-LONG TERM-(6809-8301)
TRADING: FLAT-MORE BELOW TREND-TESTED/CLOSE DOWN BELOW 7964-SELLING-DEESCALATION.
TARGETS: (8145(8054-7964)7875)COMMERCIAL-LESS NET SHORT/NON COMMERCIAL-LESS NET LONG.