Saturday, March 12, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Mar11/2022-Fri.

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING ACTIVITY
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 4.99MMT
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: DOWN-(300.2-782.6)
TRADING: FLAT-LESS ACTIVE-MORE ABOVE TREND-CLOSE UP@762-NET BUYING-TOPPY. 
TARGETS: 708(735-762)790)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 11.78MMT 
TRENDS: PRICE: UP-OPEN INTEREST: LOWER-VOLUME: LOWER-(844-1765.0).
TRADING: FLAT-LESS ACTIVE-ABOVE TREND-MORE SUPPORT@1666-CLOSE DOWN
TARGETS: (1626(1666-1707)1749)-COMMERCIAL/FLAT SHORT-NON COMM/FLAT LONG.

WHEAT (ZWK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 6.80MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: DOWN-(387-1363.4). 
TRADING: DOWN-LESS ACTIVE-ABOVE TREND-MID(1061-1029)-CLOSE UP-NET BUYING.
TARGETS: 1158(1064-1029)997 COMM/NET SHORT-NON COMM/MORE LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST: UP-VOLUME:FLAT
-(8321-6820)
TRADING: UP-STEADY-IN FLAT CONSOLIDATION-@RESISTANCE@7875-CLOSE UP.
TARGETS: (7700(7875-7964)8053-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG  

No comments:

Google+