Tuesday, October 11, 2022

major grains-cadusd-trends-trading-targets-oct11/2022-tues.

MARKETS: PRICE SUPPLY/DEMAND-BY VOLATILITY OF TRADING.
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: FLAT-OPEN INT: DOWN-VOLUME-FLAT-(782.6-300.2).
TRADING: FLAT IN CHANNEL-NET SELLING@TOP-MID(714-687) -LOST VOLATILITY.
TARGETS: (741(714-687)661-COMMERCIAL LESS/SHORT-NONCOMMERCIAL LESS/LONG.

SOYS (ZSX22)/NOV: WORLD ENDING STOCKS-22/23-UP 11.68MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOLUME: DOWN-(1765-780.4).
TRADING: FLAT-BELOW TREND-SUPPORT-MID(1394-1357)-NET BUYING-LOST VOLATILITY.
TARGETS: (1432 (1394-1357)1320-COMMERCIAL LESS/SHORT-NONCOMM LESS/LONG.

WHEAT (ZWU22)/DEC: WORLD ENDING STOCKS-22/23-DOWN 101.10MMT.
TRENDS: PRICE: UP/LESS-OPEN INTEREST: LOWER-VOLUME: DOWN-(1363.4-386.4).  
TRADING: FLAT-ON TREND-MET RESISTANCE BELOW 942-SELLING-LOST VOLATILITY.
TARGETS: 881(911-942)973 COMMERCIAL NOW SHORT-NONCOMMERCIAL-NOW LONG.

DOLLAR (D6U22)/DEC                  
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: UP-VOLUME: DOWN-(8321-6820).
TRADING: DOWN-BELOW TREND-SUPPORT MID/(7265-7180)-GAINED VOLATILITY.
TARGETS: 7351(7265-7180)7095-COMMERCIAL LESS LONG-NON COMM-MORE SHORT.

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