Tuesday, September 20, 2022

major grains-cadusd-trends-trading-targets-sept20/2022-tues.

MARKETS: PRICE SUPPLY/DEMAND-PER TRADING VOLATILITY.
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:PRICE: CONVERGING-OPEN INT: DOWN-VOL-FLAT(782.6-300.2)
TRADING: MOVE UP/BUYING-CLOSE UP ABOVE TREND/687GAINED VOLATILITY.
TARGETS: (714(687-661)635-COMMERCIAL FLAT/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSX22)/NOV: WORLD ENDING STOCKS-22/23-UP 11.68MMT 
TRENDS: PRICE: DOWN/NEW-OPEN INTEREST: DOWN-VOLUME-FLAT-(1765-780.4).
TRADING: MOVE UP/NET BUYING-TESTED/CLOSE BELOW TREND-ABOVE 1470-MORE VOLATILITY.
TARGETS: (1509(1470-1432)1394-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

WHEAT (ZWU22)/DEC: WORLD ENDING STOCKS-22/23-DOWN 101.10MMT.
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME FLAT-(1363.4-386.4).  
TRADING: UP/CLOSE UP-TESTED TREND/881 RESISTANCE-GAINED VOLATILITY.
TARGETS: 822(851-881)911 COMMERCIAL LESS LONG-NON COMM LESS SHORT.

DOLLAR (D6U22)/SEP                  
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: UP-(8321-6820).
TRADING: SELLING-DOWNSIDE TREND-TESTED/BELOW 7524-MORE VOLATILITY.
TARGETS: 7699(7611-7524)7437-COMMERCIAL LESS SHORT-NON COMM/LESS LONG. 

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