Friday, November 11, 2022

major grains-cadusd-trends-trading-targets-nov11/2022-fri.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING.
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN).
TRADED: MOVE-TREND LINE-TARGET-ACTIVITY-MOMENTUM.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT.

CORN (ZCK23/MAY-NEW: WORLD ENDING STOCKS-21/22-UP 1468MMT 
TRENDS: PRICE: DOWN-OPEN INT: DOWN-VOL: DOWN (300.2-776.6).
TRADED:  DOWNSIDE TREND-TESTED/CLOSE@659-NET SELLING-STEADY MOMENTUM.
TARGETS: (685(659-633)608-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSH23)/MAR-NEW: WORLD ENDING STOCKS-21/22-DOWN 536MMT 
TRENDS: PRICE: DOWN-OPEN INTEREST: SIDEWAYS-VOLUME: DOWN-(1765-780.4).
TRADING: SIDEWAYS-BELOW TREND--MID(1470-1432)-NET SELLING-LOST MOMENTUM.
TARGETS: (1508(1469-1431)1393-COMMERCIAL MORE/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWH23)/MAY-NEW: WORLD ENDING STOCKS-21/22-DOWN 1434MMT.
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: FLAT VOLUME: FLAT-(1363.4-386.4).  
TRADING: 
TARGETS: 871(841-812)784 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORESHORT.

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

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