major grains-cadusd-trends-traded-targets-may20/2024-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 (ZCN24)JUL: WORLD ENDING STOCKS-23/24-UP/12.17MMT.
TREND: (UP) OPEN INTEREST/DOWN VOLUME/DOWN MOMENTUM/UP
TRADED: (UP)-ON TRENDLINE-BUYING-MET RESISTANCE@465
TARGETS: 424(444-465)487 COMS-LESS LONG/NON COMS-NOW LONG

SOYS (ZSN24)JUL: WORLD ENDING STOCKS-23/24-UP/11.25MMT
TREND: (UP) OPEN INTEREST/UP VOLUME/UP MOMENTUM/UP
TRADED: (UP)-ON TRENDLINE-NET BUYING-TESTED/CLOSE UP@1241
TARGET: 1171(1206-1241)1276 C'S-MORE LONG/NONC'S-MORE SHORT

WHEAT (ZWN24)JUL: WORLD ENDING STOCKS-23/24-DOWN/12.62MMT.
TREND: (UP) OPEN INTEREST/LOWER VOLUME/UP MOMENTUM/UP
TRADED: (UP)-ON TRENDLINE-BUYING-TESTED/CLOSE UP ABOVE 684
TARGETS: 632((658-684)718 COMS-LESS LONG/NONCOMS-LESS SHORT

CADUSD (D6M24)/JUN:
TRENDS (UP) OPEN INTEREST/UP VOLUME/DOWN MOMENTUM/DOWN
TRADED: (FLAT)-ON TRENDLINE-NET SELLING-MET SUPPORT@7342
TARGETS: 7171(7257-7342)7429 C'S-MORE LONG/NONC'S-MORE SHORT