Tuesday, December 21, 2021

Major Grains-CADUSD-Trends.Trading.Targets.Dec21/2021-Tues.

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: UP/NEW-OPEN INTEREST: DRIFT UP-VOLUME: DOWN-/(302-758.2)
TRADING: UP-ABOVE TREND-MID(581-605)-BUYING-CLOSE UP-STEADY VOLATILITY. 
TARGETS: (566(590-614)639)-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: MOVE UP-ABOVE TREND-CLOSE TO 1322-NET BUYING-MORE VOLATILITY. 
TARGETS: (1251(1286-1322)1358)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: UP/REVISED-OPEN INTEREST: LOWER-VOLUME: DOWN-(387-874.6). 
TRADING: UP-TESTED/CLOSE ABOVE CONVERGING TRENDS/786-MORE VOLATILITY.
TARGETS: 758(786-814)843-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE/(8321-6820)
TRADING: FLAT-MOVE DOWN-BELOW TREND-ABOVE 7697-CLOSE UP-LESS VOLATILITY.
TARGETS: (7875(7786-7697)7609-COMMERCIAL/NOW SHORT-NON COMM/MORE SHORT 

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