Major Grains-CADUSD-Trends.Trading.Targets-Aug02/2021-Mon.

MARKETS: PRICE-SUPPLY/DEMAND DURING VOLATILITY 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/MORE-OPEN INTEREST: FLAT/DAY-VOLUME: UP/DAY-LONG TERM(302-758.2)

TRADING: UP-MOVE FLAT-TESTED/CLOSE UP ABOVE TREND-BELOW 564-BUYING-ESCALATED 

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: FLAT-VOLUME-DOWN-LONG TERM(791-1667.4).
TRADING: DOWN-TESTED/CLOSE@TREND/CONVERGENCE-MID(RANGE)-BUYING-DEESCALATED. 

TARGETS: (1403(1366-1329)1293)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: UP/NEW-OPEN INTEREST: DOWN-VOLUME: DOWN-LONG TERM(387-773.0). 
TRADING: MOVE/CLOSE UP ABOVE TREND-RESISTANCE@PREVIOUS HIGHS-BUYING-ESCALATED.

TARGETS: (688(714-742)769)COMMERCIAL-FLAT NET SHORT/NON COMMERCIAL-MORE NET LONG.

DOLLAR (D6U21): DAY LIMIT $4.00                   
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN/DAY-LONG TERM-(6809-8301)
TRADING: DOWN/DID NOT CONFIRM-ABOVE TREND-FLAT@PREVIOUS HIGHS/8054-SELLING-STEADY.
TARGETS: (8054(7964-7875)7786)COMMERCIAL-LESS NET SHORT/NON COMMERCIAL-LESS NET LONG.