Tuesday, May 31, 2022

Major Grains-CADUSD-Trends.Trading.Targets-May31/2022-Tues

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING VOLATILITY
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: MOVE-TREND LINE-TARGET-CLOSE-VOLATILITY.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCN22)/JUL: ENDING STOCKS/(LESS CHINA)-22/23-UP 1.76MMT 
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: DOWN/LESS-(782.6-300.2).
TRADING: FLAT-SUPPORT@TREND-RESISTANCE@780-SELLING-MORE FORCE.. 
0TARGETS: 726(753-780)808)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSN22)/JUL: ENDING STOCKS/(LESS CHINA)-22/23-UP 13.56MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST:LOWER-VOLUME: UP/DAYS-(1765-780.4).
TRADING: DOWN-TESTED SUPPORT@TREND-RESISTANCE@1741-SELLING-MORE FORCE.   
TARGETS: (1658(1699-1741)1783)-COMMERCIAL/MORE SHORT-NON COM/MORE LONG.

WHEAT (ZWN22)/JUL: ENDING STOCKS/(LESS CHINA) 22/23-DOWN 12.29MMT
TRENDS: PRICE: UP-OPEN INTEREST: LOWER-VOLUME: DOWN/LESS (1363.4-386.4).
TRADING: DOWN-SUPPORT@TREND/RESISTANCE MID(1071-1104)-SELLING-MORE FORCE.
TARGETS: 1071(1104-1138)1172-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6M22)/JUN                    
TRENDS: PRICE: UP/GRADUAL-OPEN INTEREST: DOWN-VOLUME: DOWN-(8321-6820).
TRADING: UP-ABOVE TREND-TESTED 7874/CLOSE UP-BUYING-MORE FORCE.
TARGETS: (7700(7786-7874)7964-COMMERCIAL/LESS LONG-NON COMM/LESS SHORT. 

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