Thursday, June 30, 2022

Major Grains-CADUSD-Trends-Trading-Targets-Jun30/.2022-Thur.

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/STEEP-OPEN INT-UP-VOLUME-UP/DAY -(782.6-300.2).
TRADING: ON-DOWNSIDE TREND-MID(632-607)-SELLING-GAINED MOMENTUM.
TARGETS: 658(632-607)582-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 13.50MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: UP-VOLUME: UP/DAY-(1765-780.4).
TRADING: UP-MET RESISTANCE@TREND-MID(1516-1478)-SELLING-GAINED MOMENTUM
.   
TARGETS: (1555(1516-1478)14400-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

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

TRADING: DOWN-ON TREND-MET SUPPORT@881-SELLING-GAINED MOMENTUM.
TARGETS: 942(911-881)851 COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6U22)/SEP                 
TRENDS: PRICE: FLAT CHANNEL-OPEN INTEREST: UP-VOLUME: UP/DAY-(8321-6820).
TRADING: DOWN-MID/CHANNEL/(7877-7699)-BUYING-GAINED MOMENTUM.
TARGETS: 7876(7787-7699)7611-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG. 

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