Wednesday, November 23, 2022

major grains-cadusd-trends-trading-targets-nov23/2022-wed.

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: WORLD ENDING STOCKS-21/22-UP 1468MMT 
TRENDS: PRICE: DOWN/SHARP-OPEN INT: FLAT-VOL DOWN:(2-776.6).
TRADED: SIDEWAYS OFF TREND-GOOD SUPPORT@659-BUYING-GAINED MOMENTUM
TARGETS: (712(685-659)633-COMMERCIAL LESS/SHORT-NONCOMMERCIAL LESS/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-21/22-DOWN 536MMT 
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: UP-VOLUME: UP (1765-780.4).
TRADED: LOWER HIGH-ON TREND-SUPPORT@1431-BUYING-GAINED MOMENTUM..
TARGETS: (1508(1469-1431)1393-COMMERCIAL LESS/SHORT-NONCOMM LESS/LONG.

WHEAT (ZWH23)/MAY: WORLD ENDING STOCKS-21/22-DOWN 1434MMT.
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: FLAT VOLUME: FLAT-(1363.4-386.4).  
TRADED: LOWER-ASIDE TREND-SUPPORT ABOVE 808-BUYING-STEADY MOMENTUM.    
TARGETS: 866(837-808)780 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME-UP-(8321-6820).
TRADED: HIGHER-ALONG TREND-SUPPORT@7437-BUYING-STEADY MOMENTUM.
TARGETS: 7351(7437-7524)7611-COMMECIAL LESS LONG-NON COMM-LESS SHORT.

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