Major Grains+CADUSD-Trends.Trading.Targets-Aug23/2021-Mon.

MARKETS: PRICE-SUPPLY/DEMAND DURING 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-DOWN 6.55MMT
TRENDS: PRICE: DOWN/MORE-OPEN INTEREST: UP-VOLUME: UP-LONG TERM RANGE/(302-758.2)

TRADING: MOVE DOWN-ABOVE TREND-MET RESISTANCE@540-CLOSE DOWN-OFFSET-DEESCALATED. 

TARGETS: (564(540-517)494)COMMERCIAL-MORE SHORT/NON COMMERCIAL-MORE LONG.

SOYS (ZSX21): $1.00/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-20/21-DOWN 0.34MMT 
TRENDS: PRICE: DOWN/MORE-OPEN INTEREST: HIGHER-VOLUME-UP-LONG TERM/(791-1667.4).
TRADING: FLAT-MOVE DOWN-PENETRATED TREND/CLOSE@1293-SELLING-DEESCALATED. 

TARGETS: (1366(1329-1293)1257)COMMERCIAL-LESS SHORT/NON COMMERCIAL-LESS LONG.

WHEAT (ZWZ21)/NEW: LIMIT $0.45/BU WORLD END STOCKS/(LESS CHINA)-20/21-DOWN 11.61MMT 
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: UP-VOLUME: DOWN-LONG TERM RANGE/(387-786.4). 
TRADING: FLAT-MOVE DOWN-OFF TREND-MET SUPPORT@731-CLOSE UP-SELLING-DEESCALATED.

TARGETS: (786(758-731)704)COMMERCIAL-MORE SHORT/NON COMMERCIAL-MORE LONG.

DOLLAR (D6U21): DAY LIMIT $4.00                   
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: UP-LONG TERM/(6820-8321)

TRADING: UP-ON/UPSIDE TREND-TESTED/CLOSE UP ABOVE 7875-BUYING ESCALATED.

TARGETS: (7964(7875-7786)7698)COMMERCIAL-LESS SHORT/NON COMMERCIAL-LESS LONG.