Monday, May 02, 2022

Major Grains-CADUSD-Trends.Trading.Targets-May02/2022-Mon

 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: DOWN-MORE MOMENTUM-BUYING-BELOW TREND-RESISTANCE@808-. 
TARGETS: 753(780-808)835)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSN22)/JUL: ENDING STOCKS/(LESS CHINA)-21/22-DOWN 12.15MMT 
TRENDS: PRICE: DOWN/NEW-OPEN INTEREST: UP-VOLUME: LOWER-(1765.0-844.0).
TRADING: DOWN-MORE MOMENTUM-SELLING-CLOSE BELOW TREND-MID(1658-1617).   
TARGETS: (1699(1658-1617)1576)-COMMERCIAL/FLAT SHORT-NON COMM/FLAT LONG.

WHEAT (ZWN22)/JUL: ENDING STOCKS/(LESS CHINA) 21/22-DOWN 10.30MMT
TRENDS: PRICE: DOWN/NEW-OPEN INTEREST: FLAT-VOLUME: HIGHER (1363-4-386.4).
TRADING: DOWN-LESS MOMENTUM-NET BUYING-BELOW TREND-SPREAD(1071-1038).
TARGETS: 1104(1071-1038)1006-COMM/LESS SHORT-NON COMM/FLAT LONG

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: UP-OPEN INTEREST: 
FLAT-VOLUME: HIGH/LOWER-(8321-6820).
TRADING: DOWN-LESS MOMENTUM-SELLING-ON/DOWNSIDE TREND-MID(7786-7700) .
TARGETS: (7612-(7700-7786)7879-COMM/LESS SHORT-NON COMM/LESS LONG. 

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