major grains-cadusd-trends-traded-targets-may13/2024-mon

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

CORN (ZCN4)JUL: WORLD ENDING STOCKS-23/24-UP/12.17MMT.
TREND: (UP)SHARP OPEN INT/UP VOL/UP LOST MOMENTUM
TRADED: (UP)-ON TREND-NET BUYING-ON SUPPORT@465
TARGETS: 444(465-487) C'MS-LESS LONG/NC'MS-LESS SHORT

SOYS (ZSN24)JUL: WORLD ENDING STOCKS-23/24-UP/11.25MMT
TREND: (UP)SHARP OPEN INT/DOWN VOL/UP LOST MOMENTUM
TRADED: (UP)-ON TREND-EQUAL OFFSET-RESISTANCE MID(RANGE)
TARGETS: 1171(1206-1241)1276 C'MS-LESS LONG/NC'MS-LESS SHORT

WHEAT (ZWN24)JUL: WORLD ENDING STOCKS-23/24-DOWN/12.62MMT.
TREND: (UP)SHARP OPEN INT/DOWN VOL/UP GAINED MOMENTUM
TRADED: (UP)SHARP-ON TREND-BUYING-RESISTANCE MID(684-710)
TARGETS: 658(684-710)736 C'MS-LESS LONG/NC'MS-LESS SHORT

CADUSD (D6M24)/JUN:
TREND: (UP) OPEN INT/FLAT VOL/DOWN LOST MOMENTUM
TRADED: (FLAT)-ABOVE TREND-OFFSET BUYING-RESISTANC@7342
TARGETS: 7171(7257-7342)7429 C'MS-MORE LONG/NC'MS-MORE SHORT