Thursday, December 30, 2021

Major Grains-CADUSD-Trends.Trading.Targets.Dec30/2021-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: UP MONTHLY-OPEN INTEREST: DOWN-VOLUME: FLAT-/(302-758.2)
TRADING: REVERSAL DOWN-SUPPORT@TREND/590-OVERBOUGHT-SELLING-MORE ACTIVE. 
TARGETS: (639(614-590)566)-COMMERCIAL MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSF22)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.60MMT 
TRENDS: PRICE: UP LESS-OPEN INTEREST: UP-VOLUME: FLAT-/(1667-791).
TRADING: REVERSAL DOWN-TREND REVISED-ABOVE 1322-OVERBOUGHT-ACTIVE. 
TARGETS: (1286(1322-1358)1395)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

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

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

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