Monday, January 10, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Jan10/2022-Mon

MARKETS PRICE-SUPPLY/DEMAND DURING TRADING ACTIVITY
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: DOWN-/(302-758.2)
TRADING: LOWER HIGH-TESTED SUPPORT@TREND-SELLING-MID(614-590)-MORE ACTIVE. 
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 MORE-OPEN INTEREST: FLAT-VOLUME: FLAT-/(1667-791).
TRADING: ON TREND-@RESISTANCE@DISTINCT HIGHS-(MID RANGE)-LESS ACTIVE. 
TARGETS: (1358(1395-1432)1470)-COMMERCIAL MORE SHORT-NON COMM MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: FLAT/UP-VOLUME: LOWER-/(387-874.6). 
TRADING: UP-OVERBOUGHT TREND-TESTED/CLOSE ABOVE 758-ACTIVITY REDUCED.
TARGETS: 814(786-758)731-COMMERCIAL NOW LONG-NON COMM LESS LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: DOWN MONTHLY-OPEN INTEREST: LOWER VOLUME: UP-/(8321-6820)
TRADING: UP-OVER TREND-MET RESISTANCE@PREVIOUS HIGH-CLOSE@1785-LESS ACTIVE.
TARGETS: (7964(7875-7786)7697-COMMERCIAL/NOW LONG-NON COMM/MORE SHORT  

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