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 (ZCN23/JUL: WORLD ENDING STOCKS-22/23-DOWN 11.06MMT .
TRENDS: price-down open interest-up volume-up
TRADED: FLAT/BUYING-TESTED/CLOSE UP-ABOVE TREND-DOWNSIDE 519- GAINED MOMENTUM.
TARGETS: 649(624-599)575-COMMERCIALS LESS SHORT-NON COMMERCIALS LESS LONG
SOYS (ZSN23)JUL: WORLD ENDING STOCKS-22/23-UP 0.56MMT
TRENDS: PRICE-UP-OPEN INTEREST FLAT-VOLUME-DOWN
TRADED: UP-SELLING-ON TREND-RESISTANCE MID(1420-1458)-GAINED MOMENTUM.
TARGETS:(1386(1420-1458)1495-COMMERCIALS LESS SHORT-NON COMMS LESS LONG.
WHEAT (ZWN23)JUL: WORLD ENDING STOCKS-22/23-DOWN 2.04MMT.
TRENDS: PRICE/DOWN(STEEP)-OPEN INTEREST/UP-VOLUME/DOWN-(1363.4-386.4).
traded: down-selling-on trend-tested/close below support@614-lost momentum.
TARGETS: 639(614-589)565-COMMERCIALS MORE LONG-NON COMMERCIALS MORE SHORT
TRADED: DOWN/MODERATE-SELLING-ON TREND-NEAR RESISTANCE@7406-GAINED-MOMENTUM.
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