major grains-cadusd-trends-traded-targets-may06/2024-mon

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

CORN (ZCN24)JUL: WORLD FINAL STOCKS-23/24-UP/16.09MMT.
TREND: (UP) OPEN/INT-DOWN VOL-DOWN GAINED-MOMENTUM
TRADED: (UP)-ON TREND-NET BUYING-ABOVE RESISTANCE@465
TARGETS: 424(444-465)487 C'MS-LESS LONG/NC'MS-MORE LONG

SOYS (ZSN24)JUL: WORLD FINAL STOCKS-23/24-UP/12.91MMT
TREND: (UP) OPEN INT-DOWN VOL-UP GAINED-MOMENTUM
TRADED: (UP)-UPSIDE TREND-BUYING-ABOVE RESISTANCE@1241
TARGETS: 1171(1206-1241)1276 C'MS-MORE LONG/NC'MS-MORE SHORT

WHEAT (ZWN24)JUL: WORLD FINAL STOCKS-23/24-DOWN/12.73MMT.
TREND: (UP) OPEN INT-DOWN VOL-UP GAINED-MOMENTUM
TRADED: (UP)-UPSIDE TREND-NET BUYING-BELOW RESISTANCE@658
TARGETS: 602(632-658)684 C'MS-LESS LONG/NC'MS-LESS SHORT

CADUSD (D6M24)/JUN:
TREND: (DOWN) OPEN INT-DOWN VOL-DOWN LOST-MOMENTUM
TRADED: (DOWN)-ON TREND-NET BUYING-@SUPPORT-MID(RANGE)
TARGETS: 7429(7342-7257)7171 C'MS-LESS LONG/NC'MS-LESS SHORT