major grains-cadusd-trends-traded-targets-may8/2024-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 (ZCN24)JUL: WORLD ENDING STOCKS-23/24-UP/16.09MMT.
TREND: (UP)) OPEN INTEREST/DOWN VOLUME/FLAT (GAINED) 
TRADED: (DOWN)-ABOVE TREND-SELLING-SUPPORT@MID(RANGE)
TARGETS: 424(444-465)487 C'MS-LESS LONG/NC'MS-LESS SHORT

SOYS (ZSN24)JUL: WORLD ENDING STOCKS-23/24-UP/16.91MMT
TREND: (UP) OPEN INTEREST/DOWN VOLUME/DOWN (GAINED)
TRADED: (DOWN)-ABOVE TREND-SELLING-SUPPORT@MID(RANGE)
TARGETS: 1171(1204-1241)1276 C'MS-MORE LONG/NC'MS-MORE SHORT

WHEAT (ZWN24)JUL: WORLD ENDING STOCKS-23/24-DOWN/12.73MMT.
TREND: (UP) OPEN INTEREST/DOWN VOLUME/DOWN (GAINED)
TRADED: (DOWN)-ABOVE TREND-NET SELLING-SUPPORT@632
TARGETS: 602(632-658)684 C'MS-LESS LONG/NC'MS-LESS SHORT

CADUSD (D6M23)/JUN:
TREND: (DOWN) OPEN INTEREST/UP VOLUME/DOWN (LOST)
TRADED: (DOWN)-BELOW TREND-BUYING-SUPPORT@7257
TARGETS: 7429(7342-7257)7171 C'MS-LESS LONG/NC'MS-LESS SHORT.