major grains-cadusd-trends-traded-targets-may21/2024-tues

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/UP VOLUME/DOWN LOST/MOMENTUM
TRADED: (FLAT)-ON TRENDLINE-NET SELLING-SUPPORT MID(RANGE)
TARGETS: 424(444-465)487 COMS-LESS LONG/NONCOMS-NOW LONG

SOYS (ZSN24)JUL: WORLD ENDING STOCKS-23/24-UP/11.25MMT
TREND: (UP) OPEN INTEREST/UP VOLUME/DOWN LOST/MOMENTUM
TRADED: (FLAT)-ABOVE TRENDLINE-NET SELLING-RESISTANCE@1241
TARGETS: 1171(1206-1291)1276 C'S-MORE LONG/NONC'S-MORE SHORT

WHEAT (ZWN24)JUL: WORLD ENDING STOCKS-23/24-DOWN/12.62MMT.
TREND: (UP) OPEN INTEREST/UP VOLUME/DOWN LOST/MOMENTUM
TRADED: (UP)-ON TRENDLINE-NET BUYING-RESISTANCE MID(RANGE)
TARGETS: 658(684-718)736 COMS-LESS LONG/NONCOMS-LESS SHORT

CADUSD (D6M24)/JUN:
TREND: (UP) OPEN INTEREST/DOWN VOLUME/UP-GAINED/MOMENTUM
TRADED: (DOWN)-ABOVE TREND-NET SELLING-TESTED SUPPORT@7342
TARGETS: 7171(7257-7342)7429 C'MS-MORE LONG/NC'MS-MORE SHORT