Friday, April 01, 2022

Major Grains-CADUSD-Trends.Trading.Target-Apr01/2022-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: DOWN-OPEN INTEREST: DOWN-VOLUME: UP-(300.2-782.6)
TRADING: LOWER-LESS ACTIVE-ON TREND @735 SUPPORT-CLOSE DOWN.. 
TARGETS: 790(762-735)708)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSK22)/MAY: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 11.78MMT 
TRENDS: PRICE: DOWN/NEW-OPEN INTEREST: LOWER-VOLUME: DOWN-(844-1765.0).
TRADING: DOWN-LESS ACTIVE-BELOW TREND-TESTED/CLOSE DOWN@1586-SELLING.   
TARGETS: (1666(1626-1586)1547)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWK22)/MAY: ENDING STOCKS/(LESS CHINA) 21/22-LESS 6-80MMT
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: LOWER-VOLUME: FLAT-(386.4-1363-4).
TRADING: DOWN-LESS ACTIVE-BELOW TREND-TESTED/CLOSE DOWN BELOW 997.
TARGETS: 1094(1061-997)966 COMM/MORE SHORT-NON COMM/more LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST: UP-VOLUME: FLAT
-(8321-6820)
TRADING: DOWN-LESS ACTIVE-ABOVE TREND-@7964 SUPPORT-CLOSE FLAT-OFFSET .
TARGETS: (7700(7787-7964)8053-COMM/MORE SHORT-NON COMM/LESS SHORT.

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