Tuesday, November 02, 2021

Major Grains+CADUSD-Trends.Traded.Targets-Nov02/2021-Tues.

MARKETS: PRICE-SUPPLY/DEMAND DURING TRADING MOMENTUM
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: DOWN-RANGE/(758.2-302)
TRADED: UP-MOVE UP-LOST MOMENTUM-ABOVE TREND-HIGH 586-CLOSE DOWN. 
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: FLAT-VOLUME: DOWN-(1667.4-791).
TRADED: UP-MOVE FLAT-LOST MOMENTUM-ON TREND-HIGH 1261-CLOSE 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-UP: UP-RANGE/(387-807.0). 
TRADED: UP-MOVE UP-LOST MOMENTUM-ABOVE TREND-HIGH 807-CLOSE DOWN.
TARGETS: 758(786-814)843)-COMMERCIAL-ACCUMULATED SHORT.

DOLLAR (D6Z21)/NEW                    
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE/(6820-8321)
TRADED: DOWN-MOVE FLAT-GAINED MOMENTUM-IN CONSOLIDATION-LOW 8048.
TARGETS: (7964(8053-8143)8233)-COMMERCIAL-ACCUMULATION SHORT 

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