Monday, August 22, 2022

Major Grains-CADUSD-Trends-Trading-Targets-Aug22/2022-Mon

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING ACTIVITY|
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 0.86MMT TREND: PRICE: 
UP/LESS-OPEN INTEREST:UP-VOLUME:DOWN-(782.6-300.2).
TRADING: UP-ABOVE TREND-RESISTANCE/CLOSE@630-MORE ACTIVE-BUYING.
TARGETS: 582(607-632)657-COMMERCIAL/MORE SHORT-NON COMM/MORE  LONG.

SOYS (ZSX22)/NOV: ENDING STOCKS/(LESS CHINA)-22/23-UP 10.95MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: LOWER-VOLUME-UP/DAY-(1765-780.4).
TRADING: UP-THROUGH TREND-MET PREVAILING RESISTANCE@1438-ACTIVE-BUYING
.   
TARGETS: (1365(1402-1440)1478-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWU22)/DEC: ENDING STOCKS/(LESS CHINA) 22/23-DOWN 11.61MMT.
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: DOWN-VOLUME UP-(1363.4-386.4).  
TRADING: UP-THROUGH TREND-CLOSE FLAT ON TREND@771-STEADY-SELLING.
TARGETS: 799(771-743)716 COMMERCIAL LESS LONG-NON COMM LESS SHORT.

DOLLAR (D6U22)/SEP                  
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: UP-VOLUME: DOWN-(8321-6820).
TRADING: DOWN-ON TREND-TESTED/CLOSE BELOW 7699-SELLING-ACTIVE.
TARGETS: 7787(7699-7611)7524-COMMERCIAL MORE SHORT-NON COMM/MORE LONG. 

No comments:

Google+