Wednesday, June 22, 2022

Major Grains-CADUSD-Trends-Trading-Targets-Jun22/2022-Wed.

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: DOWN-BELOW TREND-MID(711-684)-SELLING-LOST MOMENTUM..
TARGETS: 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/MORE-OPEN INTEREST: UP-VOLUME: UP-(1765-780.4).
TRADING: DOWN-ON TREND-TESTED/CLOSED DOWN@1478-SELLING GAINED MOMENTUM
.   
TARGETS: (1555(1516-1478)1440)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

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

TRADING: DOWN-TREND/973 HELD AS SUPPORT-OFFSET SELLING-LOST MOMENTUM.
TARGETS: 1037(1005-973)942 COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6U22)/SEP                 
TRENDS: PRICE: FLAT/MONTHLY-OPEN INTEREST: DOWN-VOLUME: DOWN-(8321-6820).
TRADING: FLAT-ON TREND/7699-CLOSE FLAT-BUYING-LOST MOMENTUM.
TARGETS: 7611(7699-7787)7876-COMMERCIAL/MORE SHORT-NON COMM/NOW LONG. 

No comments:

Google+