major grains-cadusd-trends-traded-targets-may22/2024-wed

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 (ZWC24)JUL: WORLD ENDING STOCKS-23/24-UP/12.17MMT.
TREND: (UP) OPEN INTEREST/DOWN VOLUME/DOWN LOST MOMENTUM
TRADED: (UP)-ON TREND-NET BUYING-MET RESISTANCE BELOW 465
TARGETS: 424(444-465)487 COMS-LESS LONG/NONCOMS-NOW LONG

SOYS (ZSN2$)JUL: WORLD ENDING STOCKS-23/24-UP/11.25MMT
TREND: (UP) OPEN INTEREST/DOWN VOLUME/DOWN FLAT/MOMENTUM
TRADED: (MOVE FLAT)-ON TREND-BUYING-RESISTANCE@HIGHS ABOVE 1241
TARGETS: 1171(1204-1241)1276 C'S-MORE LONG/NC'S-MORE SHORT

WHEAT (ZWN24)JUL: WORLD ENDING STOCKS-23/24-DOWN/12.62MMT.
TREND: (UP) OPEN INTEREST.DOWN VOLUME/DOWN GAINED MOMENTUM
TRADED: (UP)-ON TREND-NET SELLING-TESTED RESISTANCE@718
TARGETS: 658(684-718)736  COMS-LESS LONG/NONCOMS-LESSS SHORT

CADUSZ\D (D6M24)/JUN:
TREND: (UP)) OPEN INTEREST/UP VOLUME/DOWN GAINED MOMENTUM
TRADED: (DOWN)-ON TREND-NET SELLING-RESISTANCE@7342
TARGETS: 7429(7342-7171)7086 C'MS-MORE LONG/NONC'MS-MORE SHORT