Friday, February 25, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Feb25/2022-Fri

MARKETS PRICE-SUPPLY/DEMAND-TRADING VOLATILITY
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: MOVE-TREND LINE-TARGET-CLOSE-MOMENTUM.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-UP 5.65MMT
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST: UP-VOLUME: HIGH-(300.2-776.6)
TRADING: DOWN-MORE VOLATILITY-ABOVE TREND-MET SUPPORT@656-SELLING-A TOP. 
TARGETS: 631(656-682)708)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 7.18MMT 
TRENDS: PRICE: UP/YEARLY-OPEN INTEREST: UP-VOLUME: HIGH-(844-1765.0).
TRADING: DOWN-LESS VOLATILITY-ON TREND-TESTED/CLOSE@1586-SELLING-TOP
TARGETS: (1547(1586-1626)1666)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

WHEAT (ZWK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 9.71MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: HIGHER-(387-960.2). 
TRADING: REVERSAL DOWN-MORE VOLATILITY-SUPPORT UPSIDE TREND-ABOVE 845.
TARGETS: 816(845-875)905-COMMERCIAL/FLAT LONG-NON COMM/FLAT SHORT.

DOLLAR (D6H22)/MAR                    
TRENDS: PRICE: DOWN/WEEKLY-OPEN INTEREST: UP/DAY-VOLUME: UP
-(8321-6820)
TRADING: UP-LESS VOLATILITY-ON TREND-CLOSE UP/NEAR 7875-BUYING.
TARGETS: (7964(7875-7787)7700-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG  

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