Monday, June 13, 2022

Major Grains-CADUSD-Trends-Trading-Targets-June13/2022-Mon.

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 (ZCZ22)/DEC: ENDING STOCKS/(LESS CHINA)-22/23-UP 5.55MMT 
TRENDS: PRICE: UP/WEEKLY-OPEN INTEREST: FLAT-VOLUME: DOWN-(782.6-300.2).
TRADING: UP-TESTED/CLOSE FLAT ABOVE 711-ON TREND-GAINED MOMENTUM.
TARGETS: 684(711-738)765)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 13.50MMT 
TRENDS: PRICE: UP/LESS-OPEN INTEREST: UP-VOLUME: UP-(1765-780.4).
TRADING: ON/CLOSE DOWN ON TREND-SUPPORT@1516 PREVAILED-GAINED MOMENTUM
.   
TARGETS: (1516(1555-1594)1634)-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWU22)/SEP: ENDING STOCKS/(LESS CHINA) 22/23-DOWN 12.15MMT.
TRENDS: PRICE: UP/MORE-OPEN INTEREST: UP-VOLUME: FLAT (1363.4-386.4).  

TRADING: UP-BELOW TREND-1071 LOW/1104 HIGH-CLOSE FLAT-GAINED MOMENTUM.
TARGETS: 1038(1071-1104)1138-COMMERCIAL/FLAT SHORT-NON COMM/FLAT LONG.

DOLLAR (D6U22)/SEP                    
TRENDS: PRICE: UP/MONTHLY-OPEN INTEREST: UP-VOLUME: UP-(8321-6820).
TRADING: DOWN TESTED/CLOSE BELOW TREND/7787-LOST MOMENTUM.
TARGETS: (7965(7876-7787)7699-COMMERCIAL/MORE SHORT-NON COMM/LESS SHORT. 

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