Thursday, December 16, 2021

Major Grains-CADUSD-Trends.Trading.Targets-Dec16/2021-Thur

MARKETS PRICE-SUPPLY/DEMAND DURING TRADING VOLATILITY
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: UP-VOLUME: DOWN-/(302-758.2)
TRADING: FLAT-TESTED/CLOSED ABOVE RESISTANCE@TREND/588-LESS VOLATILITY. 
TARGETS: (612(588-564)540)-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: UP/DAY-/(1667-791).
TRADING: MOVE UP-HIGHER ABOVE TREND-BELOW 1292-MORE VOLATILITY. 
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: INITIAL/DOWN-OPEN INTEREST: FLAT-VOLUME: UP-(387-874.6). 
TRADING: FLAT-LOWER BELOW TREND-SUPPORT@758-CLOSE UP-LESS VOLATILITY.
TARGETS: 814(786-758)731-COMMERCIAL/LESS SHORT-NON COMM/FLAT LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: MID/DOWN-OPEN INTEREST: UP-VOLUME: LOWER-RANGE/(8321-6820)
TRADING: UP-HIGHER ABOVE TREND-UP FROM SUPPORT@7786-STEADY VOLATILITY.
TARGETS: (7964(7875-7786)7697)-COMMERCIAL/LESS LONG-NON COMM/LESS SHORT 

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