major grains-cadusd-trends-traded-targets-may03/2024-fri

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

CORN (ZCN24)JUL: WORLD FINAL STOCKS-23/24-UP/16.09MMT.
TREND: (FLAT) OPEN INTEREST/UP VOLUME/UP LOST MOMENTUM
TRADED: (UP)-ABOVE TREND-OFFSET SELLING-RESISTANCE@468
TARGETS: 425(446-468)491 C'MS-LESS LONG/NONC'MS-LESS SHORT

SOYS (ZSN24)JUL: WORLD FINAL STOCKS-23/24-UP/12.91MMT
TREND: (UP) OPEN INTEREST/UP VOLUME/DOWN-LOST MOMENTUM
TRADED: UP-ABOVE TREND-NET BUYING-SUPPORT@1204
TARGETS: 1171(1206-1241)1276  C'S-MORE LONG/NC'MS-MORE LONG

WHEAT (ZWN24)JUL: WORLD FINAL STOCKS-23/24-DOWN/12.73MMT.
TREND: (UP) OPEN INTEREST/FLAT VOL/FLAT GAINED MOMENTUM
TRADED: UP-ON TREND-NET BUYING-RESISTNACE@632
TARGETS: 584(602-632)658 C'MS-LESS LONG/NONC'MS-LESS SHORT

CADUSD (D6M23)/JUN
TREND: (UP) OPEN INTEREST/DOWN VOLUME/UP LOST MOMENTUM
TRADED: UP-ABOVE TREND-OFFSET SELLING-RESISTANCE@1250
TARGETS: 7209(7292-7378)7464 C.MS-LESS LONG/NC'MS-LESS SHORT