Monday, March 14, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Mar14/2022-Mon

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: DOWN-MOVE FLAT-LESS ACTIVE-ABOVE TREND/BELOW 762-CLOSE UP. 
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: DOWN-(844-1765.0).
TRADING: FLAT-MORE ACTIVE-ON TREND-LOWER(RANGE)-CLOSE DOWN-SELLING. 
TARGETS: (1586(1626-1666)1707)-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: UP-LESS ACTIVE-ABOVE TREND-TESTED/CLOSE UP BELOW 1158-BUYING.
TARGETS: 1192(1158-1061)1029 COMM/NET SHORT-NON COMM/MORE LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST: LOWER-VOLUME: DOWN
-(8321-6820)
TRADING: UP-MORE ACTIVE-FLAT CONSOLIDATION-MID(RANGE)-CLOSE ABOVE BOTTOM.
TARGETS: (7700(7787-7875)8053-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG  

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