Tuesday, April 26, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Apr26/2022-Tues

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING MOMENTUM
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/SHARP-OPEN INTEREST: UP-VOLUME: DOWN-(782.6-300.2).
TRADING: UP. MET RESISTANCE@TREND/808-IN OFFSET-LOST MOMENTUM. 
TARGETS: 753(780-808)836)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSN22)/JUL: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 12.15MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: FLAT-(1765.0-844.0).
TRADING: UP-MET RESISTANCE@TREND/1699-NET SELLING-LOST MOMENTUM.   
TARGETS: (1617(1658-1699)1741)-COMMERCIAL/FLAT SHORT-NON COMM/MORE LONG.

WHEAT (ZWN22)/JUL: ENDING STOCKS/(LESS CHINA) 21/22-DOWN 10.30MMT
TRENDS: PRICE: UP/SHARP-OPEN INTEREST: UP-VOLUME: FLAT (1363-4-386.4).
TRADING: UP-BELOW TREND-TESTED RESISTANCE@1104-NET BUYING-LOST MOMENTUM.
TARGETS: 1038(1071-1104)1138-NON COMM/FLAT SHORT-NON COMM/FLAT LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: DOWN-OPEN INTEREST: 
FLAT-VOLUME: LOWER-(8321-6820).
TRADING: DOWN-BELOW TREND-TESTED SUPPORT@7786-SELLING-LOST MOMENTUM.
TARGETS: (7963(7874-7786)7700-COMM/MORE SHORT-NON COMM/MORE LONG. 

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