Friday, December 10, 2021

Major Grains-CADUSD-Trends.Trading.Targets-Dec10/2021-Fri.

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 1.58MMT
TRENDS: PRICE: DOWN/FINAL-OPEN INTEREST: UP-VOLUME: DOWN-/(302-758.2)
TRADING: UP-LOST MOMENTUM/TEST-CLOSE FLAT ON TREND/588 AS SUPPORT/MIXED. 
TARGETS: (540(564-588)612)-COMMERCIAL MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSF22)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.60MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: FLAT RANGE(1667-791).
TRADING: UP/LOST MOMENTUM/CLOSE ON TREND/BELOW 1292/NET SELLING. 
TARGETS: (1221(1256-1292)1329)-COMMERCIAL//MORE SHORT-NON COMM/FLAT LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: DOWN/MORE-OPEN INTEREST: FLAT-VOLUME: UP-RANGE/(387-874.6). 
TRADING: DOWN/LOST MOMENTUM/BELOW TREND/786 AS RESISTANCE/CLOSE UP.
TARGETS: 814(786-758)731-COMMERCIAL/LESS SHORT-NON COMM/FLAT LONG.

DOLLAR (D6Z21)/MAR-NEW                    
TRENDS: PRICE: INITIAL/UP-OPEN INTEREST: FLAT-VOLUME: UP-RANGE/(8321-6820)
TRADING: DOWN/LOST MOMENTUM/ABOVE TREND/TESTED/CLOSE FLAT BELOW 7875.
TARGETS: (7964(7875-7786)7697)-COMMERCIAL/LESS LONG-NON COMM/LESS SHORT 

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