major grains-cadusd-trends-traded-targets-jul24/2023

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING
TRENDS: (UP)-DISTINCT HIGHER LOWS-(DOWN)-DISTINCT LOWER HIGHS
TRADED: MOVE-ACTIVITY-TRENDLINE-TARGET-MOMENTUM
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT.

CORN (ZWZ23)DEC: WORLD ENDING STOCKS-23/24-UP/17.82MMT.
TRENDS: PRICE/UP(STEEP) OPEN INTEREST/UP VOLUME/UP
TRADED: UP/BESIDE TREND-RESISTANCE MID(558-582)-GAINED/MOMENTUM.
TARGETS: 535(558-582)606 COMMERCIALS LESS/LONG-NON COMMS MORE/LONG

SOYS (ZSX23)NOV: WORLD ENDING STOCKS-23/24-UP/1808MMT
TRENDS: PRICE/UP(SHARP) OPEN INTEREST/UP VOLUME/UP
TRADED: UP/HIGHER ABOVE TREND-RESISTANCE MID(1412-1449)-GAINED/MOMENTUM
TARGETS: 1315(1412-1449)1487-COMMS MORE SHORT-NON COMMS MORE/LONG.

WHEAT (ZWN23)JUL: WORLD ENDING STOCKS-23/24-DOWN/2.78MMT.
TRENDS: PRICE/UP(SHARP) OPEN INTEREST UP VOLUME/UP
TRADED: UP/ON TREND-RESISTANCE/MID(762-790) HELD-GAINED/MOMENTUM
TARGETS: 735(762-790)818-COMMERCIALS LESS/LONG-NON COMMS LESS/SHORT

DOLLAR (D6U23)/SEP
TRENDS: PRICE/UP(GRADUAL) OPEN INTEREST/FLAT VOLUME/DOWN
TRADED: FLAT/MOVE-ABOVE TREND-MET RESISTANCE@7588-STEADY/MOMENTUM.
TARGETS: 7415(7501-7588)7675-COMMERCIALS LESS/SHORT NON COMMS LESS/LONG.