Wednesday, January 19, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Jan19/2022-Wed

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-DOWN 2.48MMT
TRENDS: PRICE: UP MONTHLY-OPEN INTEREST: DOWN-VOLUME: DOWN-(302-758.2)
TRADING: UP-THROUGH TREND-BELOW 614-CLOSE UP-BUYING-STEADY ACTIVITY. 
TARGETS: (566(590-614)639)-COMMERCIAL LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSF22)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-DOWN 6.80MMT 
TRENDS: PRICE: UP MORE-OPEN INTEREST: LOWER-VOLUME: DOWN-/(1667-791).
TRADING: UP-THROUGH TREND-BELOW 1395-CLOSE UP-BUYING-MORE ACTIVITY. 
TARGETS: (1322(1358-1395)1432)-COMMERCIAL FLAT SHORT-NON COMM MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 1.70MMT 
TRENDS: PRICE: FIRST DOWN LESS-OPEN INTEREST: FLAT-VOLUME: UP-(387-874.6). 
TRADING: UP-MINOR GAP UP-THROUGH REVISED TREND 794-BUYING-LESS ACTIVITY.
TARGETS: 822(794-766)739-COMMERCIAL MORE LONG-NON COMM LESS LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: UP WEEKLY-OPEN INTEREST: UP/LESS-VOLUME: UP-/(8321-6820)
TRADING: MOVE UP-ABOVE TREND@RESISTANCE@MAJOR DOWN TREND-BELOW 8053.
TARGETS: (7786(7875-7964)8053-COMMERCIAL/MORE LONG-NON COMM/FLAT SHORT  

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