Monday, April 04, 2022

Major Grains-CADUSD-Trends.Trading.Targets-Apr04/2022-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 (ZCN22)/JUL(NEW): ENDING STOCKS/(LESS CHINA)-21/22-UP 4.99MMT 
TRENDS: PRICE: DOWN/STEEP-OPEN INT: DOWN-VOLUME:DOWN-(300.2-782.6)
TRADING: UP-STEADY-ON TREND-CLOSE UP  MID(753-726)-BUYING. 
TARGETS: 780(753-726)699)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

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

WHEAT (ZWN22)/JUL(NEW): ENDING STOCKS/(LESS CHINA) 21/22-LESS 6-80MMT
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: LOWER-VOLUME: FLAT-(386.4-1363-4).
TRADING: FLAT-LESS ACTIVE-ON DOWNSIDE TREND-CLOSE UP ABOVE 1006.
TARGETS: 1038(1006-974)943 COMM/MORE SHORT-NON COMM/more LONG.

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

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