Friday, November 19, 2021

Major Grains+CADUSD-Trends.Traded.Targets-Nov19/2021-Fri.

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: FLAT MOVE/MIXED/LESS ACTIVE/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: DOWN/MIXED/STEADY ACTIVITY/BELOW TREND/UPSIDE 1256/FROM TOP. 
TARGETS: (1292(1256-1221)1185)-COMMERCIAL/NOW SHORT-NON COMM/MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 1.38MMT 
TRENDS: PRICE/UP-LESS-OPEN INTEREST/UP-VOLUME/HIGHER-RANGE (387-854.0). 
TRADED: DOWN-LESS/MIXED/LESS ACTIVE/DOWNSIDE RESISTANCE@843/FROM TOP.
TARGETS: 786(814-843)872)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

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

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