Saturday, April 30, 2022

Major Grains-CADUSD-Trends.Trading/Targets-Apr29/2022-Fri.



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: FLAT-MOMENTUM UP-MORE RESISTANCE@TREND/SUPPORT@808-. 
TARGETS: 780(808-835)865)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

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

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

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

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