Monday, October 17, 2022

major grains-cadusd-trends-trading-targets-oct17/2022-mon.

MARKETS: PRICE SUPPLY/DEMAND-DURING ACTIVITY 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-21/22-UP 1423MMT 
TRENDS: PRICE: FLAT-OPEN INT:DOWN-VOLUME:DOWN (300.2-776.6).
TRADING: DOWN-MOVE FLAT-CLOSE DOWN BELOW 687-SELLING-STEADY ACTIVITY.
TARGETS: (741(714-687)661-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSX22)/NOV: WORLD ENDING STOCKS-21/22-DOWN 767MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOLUME: DOWN-(1765-780.4).
TRADING: DOWN-ABOVE/CLOSER TO TREN-MET RESISTANCE@1394-CLOSE UP-LESSACTIVE.
TARGETS: (1470(1432-1394)1357-COMMERCIAL LESS/SHORT-NONCOMM LESS/LONG.

WHEAT (ZWU22)/DEC: WORLD ENDING STOCKS-21/22-DOWN 1439MMT.
TRENDS: PRICE: UP/LESS-OPEN INTEREST: LOWER-VOLUME: DOWN-(1363.4-386.4).  
TRADING: DOWN-TESTED/CLOSE BELOW TREND/865-CLOSE FLAT-LESS ACTIVE.
TARGETS: 881(911-942)973 COMMERCIAL NOW LONG-NONCOMMERCIAL-NOW SHORT.

DOLLAR (D6U22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: FLAT-VOLUME: DOWN-(8321-6820).
TRADING: FLAT-ON/DOWNSIDE TREND-TESATED/CLPOPSE UP ABOVE 7265-STEADY.
TARGETS: 7351(7265-7180)7095-COMMERCIAL MORE LONG-NON COMM-MORE SHORT.

No comments:

Google+