Tuesday, October 26, 2021

Major Grains-CADUSD-Trends-Trading-Targets-Oct26/2021-Tues.

MARKETS: PRICE-SUPPLY/DEMAND DURING TRADING VOLATILITY
TRENDS: LINES JOINING: HIGHER LOWS (UP)/LOWER HIGHS (DOWN)
TRADED: DIRECTION-VOLATILITY-TREND LINE-TARGET-CLOSE.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCZ21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.12MMT
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: FLAT-RANGE/(758.2-302)
TRADED: UP-ESCALATED-ABOVE TREND/540-TO RESISTANCE@LAST HIGH-CLOSE UP. 
TARGETS: (564(540-517)494)-COMMERCIAL-LESS SHORT-NON COMM-FLAT LONG.

SOYS (ZSF22): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 4.75MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: DOWN-(1667.4-791).
TRADED: UP-DEESCALATED-ABOVE TREND-TO RESISTANCE@1256/LAST HIGH. 
TARGETS: (1292(1256-1221)1185)-COMMERCIAL-LESS SHORT-NON COMM-MORE LONG.

WHEAT (ZWZ21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 6.04MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP/DAY-VOLUME: UP-RANGE/(387-786.4). 
TRADED: LOWER HIGH-ESCALATED-ABOVE TREND-TESTED/CLOSE DOWN BELOW 758.
TARGETS: 704(731-758)786)-COMMERCIAL-MORE LONG-NON COMM-MORE SHORT.

DOLLAR (D6Z21)/NEW                    
TRENDS: PRICE: UP-OPEN INTEREST: FLAT-VOLUME: LOWER-RANGE/(6820-8321)
TRADED: FLAT-MOVE DOWN-DEESCALATED-OFF TREND-ON SUPPORT@8053-CLOSE FLAT.
TARGETS: (7964(8053-8143)8233)-COMMERCIAL-LESS SHORT-NON COMM-LESS LONG 

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