Tuesday, June 21, 2022

Major Grains-CADUSD-Trends-Trading-Targets-Jun21/2022-Tues.

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 DOWN-OPEN INTEREST-UP-VOLUME-UP-(782.6-300.2)
TRADING: GAP DOWN-CLOSE BELOW TREND-ABOVE 684-GAINED MOMENTUM..
TARGETS: 765(738-711-684)658)-COMM/MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 13.50MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: DOWN-(1765-780.4).
TRADING: DOWN-DISTINCT LOWER HIGH-CLOSE BELOW TREND/1516-LOST MOMENTUM
.   
TARGETS: (1478(1516-1555)1594)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

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

TRADING: DISTINCT LOWER HIGH-BELOW TREND/MID(1005-973)-GAINED MOMENTUM.
TARGETS: 1038(1071-1104)1138 COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6U22)/SEP                 
TRENDS: PRICE: FLAT/MONTHLY-OPEN INTEREST: UP-VOLUME: DOWN-(8321-6820).
TRADING: UP-MAJOR LOW-TESTED/CLOSE ABOVE 7699-BUYING-STEADY.
TARGETS: 7787(7699-7611)7524-COMMERCIAL/MORE SHORT-NON COMM/NOW LONG. 

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