Tuesday, November 01, 2022

major grains-cadusd-trends-trading-targets-nov01/2022-tues.

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 1423MMT 
TRENDS: PRICE: FLAT CHANNEL-OPEN INT:UP-VOL: DOWN (300.2-776.6).
TRADING: FLAT-TEST OF CHANNEL TOP-MID(714-687)-LOST VOLATILITY-BUYING.
TARGETS: (7451(714-687)661-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSF23)/JAN: WORLD ENDING STOCKS-21/22-DOWN 767MMT 
TRENDS: PRICE: UP/NEW-OPEN INTEREST: UP-VOLUME: DOWN-(1765-780.4).
TRADING: MOVE UP/STEEP/CLOSE UP ABOVE RESISTANCE-MID(1432-1470)-VOLAILITY-BUYING
TARGETS: (1394(1432-1470)1509-COMMERCIAL MORE/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWH23)/MAR: WORLD ENDING STOCKS-21/22-DOWN 1439MMT.
TRENDS: PRICE: UP/NEW-STEEP-OPEN INTEREST: FLAT VOLUME: UP-(1363.4-386.4).  
TRADING: UP-TESTED/CLOSE UP@RESISTANCE MID(901-931)-STEADY-NET BUYING.
TARGETS: 871(901-931)962 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORESHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: FLAT-VOLUME: DOWN-(8321-6820).
TRADING: UP-ON REVISED TREND-RESISTANCE MID(7351-7265)-VOLATILITY-BUYING.
TARGETS: 7524(7437-7351)7265-COMMERCIAL LESS LONG-NON COMM-LESS SHORT.

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