Tuesday, September 13, 2022

major grains-cadusd-Trends-Trading-Targets-Sept13/2022-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: WORLD ENDING STOCKS-22/23-DOWN 7.61MMT 
TRENDS: UP/MORE-OPEN INTEREST:DOWN-VOL-DOWN DAY(782.6-300.2)
TRADING: FLAT-ON TREND-MID(684-711)/RESISTANCE-NET SELLING-CLOSE DOWN.
TARGETS: (658(684-711)738-COMMERCIAL MORE SHORT-NON COMMERCIAL MORE LONG.

SOYS (ZSX22)/NOV: WORLD ENDING STOCKS-22/23-UP 11.68MMT 
TRENDS: PRICE: UP/MORE-OPEN INTEREST: UP-VOLUME-UP-(1765-780.4).
TRADING: UP-ABOVE TREND-MET RESISTANCE BELOW 1516-1514(MEAURED)-NET SELLING. 
TARGETS: (1440(1478-1516)1555-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

WHEAT (ZWU22)/DEC: WORLD ENDING STOCKS-22/23-DOWN 101.10MMT.
TRENDS: PRICE: UP-OPEN INTEREST: FLAT-VOLUME LOWER-(1363.4-386.4).  
TRADING: ON TREND-MET RESISTANCE BELOW 881/UPSIDE TREND-NET SELLING.
TARGETS: 822(851-881)911 COMMERCIAL LESS LONG-NON COMM LESS SHORT.

DOLLAR (D6U22)/SEP                  
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOL: UP/DAY-(8321-6820).
TRADING: REVERSAL DOWN-RESISTANCE@7699-SUPPORT@7611-CLOSE DOWN.
TARGETS: 7699(7611-7524)7437-COMMERCIAL LESS SHORT-NON COMM/LESS LONG. 

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