Monday, November 22, 2021

Major Grains-CADUSD-Trends.Traded.Targets.Nov22/2021-Mon.

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

CORN (ZCZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 1.23MMT
TRENDS: PRICE/UP-OPEN INTEREST/UP-VOLUME/DOWN/LESS-RANGE/(758.2-302)
TRADED: UP/FLAT MOVE/STEADY/BUYING/BELOW TREND-588/NO BREAKOUT DOWN. 
TARGETS: (540(564-588)612)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSF22)/JAN: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 0.56MMT 
TRENDS: PRICE/DOWN/LESS-OPEN INTEREST/FLAT-VOLUME/DOWN-(1667-791).
TRADED: UP/FLAT MOVE/STEADY/NET BUYING/BELOW TREND/ABOVE 1256. 
TARGETS: (1329(1292-1256)1221)-COMMERCIAL/NOW SHORT-NON COMM/MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 1.38MMT 
TRENDS: PRICE/UP-SHARP-OPEN INTEREST/UP-VOLUME/LOWER-RANGE (387-859.2). 
TRADED: UP/MOVE UP/STEADY/NET BUYING/ABOVE TREND/BELOW 872/CLOSE UP.
TARGETS: 814(843-872)902-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

DOLLAR (D6Z21)/DEC                    
TRENDS: PRICE/DOWN/MORE-OPEN INTEREST/DOWN-VOLUME/DOWN-RANGE/(6820-8321)
TRADED: DOWN/LESS ACTIVE/SELLING/DOWNSIDE TREND/LOW@7875/CLOSE DOWN.
TARGETS: (8053(7964-7875)7786)-COMMERCIAL/FLAT SHORT-NON COMM/LESS LONG 

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