Monday, February 28, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Feb28/2022-Mon

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: DOWN-(300.2-776.6)
TRADING: FLAT-LESS VOLATILITY-ABOVE TREND/RESISTANCE@682-CLOSE UP-BUYING. 
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: FLAT-VOLUME: DOWN-(844-1765.0).
TRADING: FLAT-LESS VOLATILITY-ON TREND-CLOSE UP ABOVE 1626-NET BUYING
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/LESS-VOLUME: HIGH-(387-960.2). 
TRADING:FLAT-LESS VOLATILITY-ABOVE TREND-MET RESISTANCE/CLOSE UP@935.
TARGETS: 875(905-935)966-COMMERCIAL/FLAT LONG-NON COMM/FLAT SHORT.

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

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