Tuesday, December 28, 2021

Major Grains.CADUSD-Trends.Trading.Targets-Dec28/2021-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 MONTHLY-OPEN INTEREST: UP-VOLUME: FLAT-/(302-758.2)
TRADING: DOWN-ABOVE TREND-MET RESISTANCE@PREVIOUS HIGHS-CLOSE BELOW 614. 
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 MONTHLY-OPEN INTEREST: UP-VOLUME: FLAT-/(1667-791).
TRADING: UP-ON/CLOSE BELOW TREND/1395-MET RESISTANCE@PREVIOUS HIGHS. 
TARGETS: (1322(1358-1395)1432)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: DOWN WEEKLY-OPEN INTEREST: FLAT-VOLUME: FLAT-/(387-874.6). 
TRADING: DOWN-BELOW REVISED TREND/786/DISTINCT HIGH-VOLATILITY STEADY.
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: FLAT-ON TREND-MEETING SUPPORT@7786-NET SELLING-LESS VOLATILITY.
TARGETS: (7875(7786-7697)7609-COMMERCIAL/NOW LONG-NON COMM/MORE SHORT  

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