Tuesday, December 14, 2021

Major Grains-CADUSD-Trends.Trading.Targets-Dec14/2021-Tues.

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: FINAL/DOWN-OPEN INTEREST: FLAT-VOLUME: FLAT-/(302-758.2)
TRADING: FLAT-GAINED MOMENTUM-TESTED/CLOSED ABOVE RESISTANCE@TREND/588. 
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: INITIAL/UP-OPEN INTEREST: UP-VOLUME: LOWER-/(1667-791).
TRADING: DOWN-STEADY-ABOVE CONVERGING TREND UP-CLOSED UP ABOVE 1256. 
TARGETS: (1185(1221-1256)1292)-COMMERCIAL//MORE SHORT-NON COMM/FLAT LONG.

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

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: MID/DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE/(8321-6820)
TRADING: MOVE DOWN-LOST MOMENTUM-ABOVE TREND-MET SUPPORT/CLOSE@7786.
TARGETS: (7964(7875-7786)7697)-COMMERCIAL/LESS LONG-NON COMM/LESS SHORT 

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