Monday, November 01, 2021

Major Grains-CADUSD-Trends-Traded-Targets-Nov01/2021-Mon.

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: UP-OPEN INTEREST: FLAT-VOLUME: LOWER-RANGE/(758.2-302)
TRADED: MOVE UP-ESCALATED-ABOVE TREND-HIGH 582-CLOSE/BREAKOUT UP. 
TARGETS: (540(564-588)612)-COMMERCIAL-ACCUMULATION SHORT.

SOYS (ZSF22): WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 4.75MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: DOWN-(1667.4-791).
TRADED: MOVE FLAT-ESCALATED-ON TREND-TESTED/CLOSE BELOW 1256. 
TARGETS: (1292(1256-1221)1185)-COMMERCIAL-NON COMMERCIAL LIQUIDATED.

WHEAT (ZWZ21): WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 6.04MMT 
TRENDS: PRICE: UP-OPEN INTEREST: HIGHER-VOLUME: UP-RANGE/(387-786.4). 
TRADED: MOVE FLAT-DEESCALATED-ABOVE TREND-FLAT@780-CLOSE UP.
TARGETS: 704(731-758)786)-COMMERCIAL-ACCUMULATED SHORT.

DOLLAR (D6Z21)/NEW                    
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: FLAT-RANGE/(6820-8321)
TRADED: DOWN-MOVE FLAT-DEESCALATED-AWAY FROM TREND-LOW@8053.
TARGETS: (7964(8053-8143)8233)-COMMERCIAL-ACCUMULATION SHORT 

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