Thursday, November 10, 2022

grains-cadusd-trends-trading-targets-nov10/2022-thur.

MARKETS: PRICE SUPPLY/DEMAND-DURING 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-21/22-UP 1468MMT 
TRENDS: PRICE: FLAT/RANGE-OPEN INT: DOWN-VOL: UP (300.2-776.6).
TRADING:  MOVE DOWN-SELLING-GAINED VOLATILITY-BELOW LOW OF RANGE/661.
TARGETS: (687(661-653)635-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSF23)/JAN: WORLD ENDING STOCKS-21/22-DOWN 536MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: UP-(1765-780.4).
TRADING: DOWN-SELLING-GAINED VOLATILITY-TESTED/CLOSE BELOW 1432.LOWER HIGH
TARGETS: (1470(1432-1394)1357-COMMERCIAL MORE/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWH23)/MAR: WORLD ENDING STOCKS-21/22-DOWN 1434MMT.
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: UP VOLUME: UP-(1363.4-386.4).  
TRADING: MOVE DOWN BELOW TREND/DISTINCT LOWER HIGH-MID(841-812).
TARGETS: 871(841-812)784 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORESHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: FLAT-(8321-6820).
TRADING: UP-BUYING-GAINED VOLATILITY-TESTED/CLOSE UP-MID(7437-7524
).
TARGETS: 7351(7437-7524)7611-COMMERCIAL FLAT LONG-NON COMM-FLAT SHORT.

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