Monday, December 06, 2021

Major Grains-CADUSD-Trends.Trading.Targets-Dec06/2021-Mon.

MARKETS PRICE-SUPPLY/DEMAND DURING TRADING MOMENTUM
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: 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: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-/(302-758.2)
TRADING: MOVE FLAT/GAINED MOMENTUM/BELOW TREND-588/CLOSE FLAT-BUYING. 
TARGETS: (612(588-564)540)-COMMERCIAL LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSF22)/JAN: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 0.56MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN(1667-791).
TRADING: UP-LOST MOMENTUM/SELLING@RESISTANCE ABOVE TREND-LOW@1256. 
TARGETS: (1292(1256-1221)1185)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 1.38MMT 
TRENDS: PRICE: UP/MORE-OPEN INTEREST: LOWER-VOLUME: FLAT-RANGE/(387-874.6). 
TRADING: DOWN/MOVE FLAT/STEADY/BELOW TREND/LOW ABOVE 786-NET SELLING.
TARGETS: 758(783-814)843-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6Z21)/DEC                    
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE/(8321-6820)
TRADING: FLAT/MOVE FLAT/STEADY MOMENTUM/OFF TREND/SUPPORT@7786-BUYING.
TARGETS: (7964(7875-7786)7697)-COMMERCIAL/NOW LONG-NON COMM/NOW SHORT 

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