Major Grains+CADUSD-Trends.Trading.Targets-June16/2021-Wed.

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-DOWN 2.89 MMT
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: UP-VOLUME: FLAT/LESS-RANGE-(302-758.2)

TRADING: FLAT ON TREND-TESTED SUPPORT NEAR@564-CLOSE FLAT-NET SELLING-LESS ACTIVITY. 

TARGETS: (613 (588-564) 540) COMMERCIAL: MORE SHORT-NON COMMERCIAL: MORE LONG.

SOYS (ZSX21): $1.00/BU LIMIT-WORLD ENDING STOCKS/(LESS CHINA)-20/21-UP 1.46MMT 
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: UP/LESS-VOL: DOWN-RANGE-(791-1667.4).
TRADING: DOWN-ON TREND-TESTED SUPPORT/CLOSE BELOW 1348-SELLING-STEADY. 

TARGETS: (1423 (1385-1348) 1317) COMMERCIAL: LESS SHORT-NON COMMERCIAL: FLAT LONG.

WHEAT (ZWU21): LIMIT $0.45/BU WORLD END STOCKS/(LESS CHINA)-20/21-UP 1.64MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: UP/LESS-VOLUME: DOWN-LONG TERM (387-773.0). 
TRADING: FLAT-BELOW TREND-SUPPORT@661-CLOSE FLAT NET SELLING-LESS ACTIVITY.

TARGETS: (714 (688-661) 635) COMMERCIAL: LESS SHORT-NON COMMERCIAL: FLAT LONG.

DOLLAR (D6U21): DAY LIMIT $4.00                   
TRENDS: PRICE: DOWN-OPEN INTEREST:FLAT-VOLUME: UP-RANGE-(6809-8301)
TRADING: DOWN-DOWNSIDE TREND-ON SUPPORT/CLOSE DOWN@8145-SELLING-MORE ACTIVITY.
TARGETS: (8327 (8236-8145) 8054) COMMERCIAL: LESS SHORT-NON COMM: LESS LONG