Monday, September 20, 2021

Major Grains+CADUSD-Trends.Traded.Targets.Sept20/2021-Mon

MARKETS: PRICE-SUPPLY/DEMAND DURING ACTIVITY OF TRADING
TRENDS: JOIN: DISTINCT HIGHER LOWS (UP)-DISTINCT LOWER HIGHS (DOWN).
TRADED: DIRECTION-TREND-TARGET-CLOSE-ACTIVITY-(HI/LO PRICE RANGE).
TARGETS: PROJECTED PRICE POINTS AS OBJECTIVES OF RESISTANCE/SUPPORT

CORN (ZCZ21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 3.98MMT
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: FLAT-RANGE/(758.2-302)
TRADED: DOWN-BELOW TREND-@517/SUPPORT-CLOSE DOWN-SELLING-DEESCALATED. 
TARGETS: (564(540-517)494)COMMERCIAL-LESS SHORT/NON COMMERCIAL-LESS LONG.

SOYS (ZSX21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 0.75MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: FLAT-RANGE/(1667.4-791).
TRADED: MOVE DOWN-ABOVE TREND-BELOW 1292-CLOSE DOWN-SELLING-ESCALATED. 
TARGETS: (1329(1292-1256)1221)COMMERCIAL-FLAT SHORT/NON COMMERCIAL-LESS LONG.

WHEAT (ZWZ21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 4.76MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: LOWER-VOLUME: LOWER-RANGE/(786.4-387). 
TRADED: DOWN-ON TREND-BELOW SUPPORT@704-CLOSE DOWN-SELLING-ESCALATED.
TARGETS: (731(704-677)651)COMMERCIAL-NOW LONG/NON COMMERCIAL-LESS LONG.

DOLLAR (D6Z21)/NEW                    
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: MOVE UP-RANGE/(8321-6820)
TRADED: DOWN-UPSIDE TREND-TESTED/CLOSE DOWN NEAR 7786-NET SELLING-ESCALATED.
TARGETS: (7964(7875-7786)7697)COMMERCIAL-NOW LONG/NON COMMERCIAL-MORE SHORT.

No comments:

Google+