Thursday, April 14, 2022

Major Grains-CADUSD-Trends/Trading/Targets-Apr14/2022-Thur.

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 (ZCN22)/JUL: ENDING STOCKS/(LESS CHINA)-21/22-UP 8.77MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: LOWER-(782.6-300.2)
TRADING: FLAT-TESTED RESISTANCE@780-CLOSED UP ABOVE-INACTIVE. 
TARGETS: 726(753-780)808)-COMMERCIAL/FLAT SHORT-NON COMM/MORE LONG.

SOYS (ZSN22)/JUL: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 12.15MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: HIGHER-VOLUME: LOWER-(1765.0-844.0).
TRADING: UP-FROM SUPPORT@1658-MET RESISTANCE@TREND-LESS ACTIVE-OFFSET .   
TARGETS: (1741(1699-1658)1617)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWN22)/JUL: ENDING STOCKS/(LESS CHINA) 21/22-DOWN 10.30MMT
TRENDS: PRICE: UP-OPEN INTEREST: HIGHER-VOLUME: DOWN (1363-4-386.4).
TRADING: UP/ABOVE TREND-INSIDE(1104-1138)-CLOSE DOWN-SELLING.
TARGETS: 1071(1104-1138)1172-NON COMM/MORE SHORT-NON COMM/more LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: DOWN-OPEN INTEREST: 
FLAT-VOLUME: FLAT-(8321-6820).
TRADING: UP-TESTED TREND+7964-STEADY-CLOSE DOWN ON TREND-NET SELLING.
TARGETS: (8053(7964-7875)7786-COMM/MORE SHORT-NON COMM/NOW LONG. 

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