Tuesday, November 29, 2022

major grains-cadusd-trends-trading-targets-nov29/2022-tues.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING.
TRENDS: LINES JOINING 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/LESS-OPEN INT: UP-VOL: DOWN.
TRADED: LOWER-ON TREND-SUPPORT@659-NET SELLING-GAINED MOMENTUM.
TARGETS: 712(685-659)633-COMMERCIAL MORE/SHORT-NONCOMMERCIAL LESS/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-21/22-DOWN 536MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: FLAT-VOLUME: U-FLAT- (1765-780.4).
TRADED:  HIGHER-ABOVE TREND/1469-NET BUYING-CLOSE UP-STEADY -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/MORE-OPEN INTEREST: FLAT VOLUME: UP-(1363.4-386.4).  
TRADED: HIGHER-BELOW TREND-RESISTANCE@808-BUYING-GAINED MOMENTUM.    
TARGETS: 837(808-780)752 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME-DOWN-(8321-6820).
TRADED: SIDEWAYS-PARALLEL BELOW TREND@7437/RESISTANCE-BUYING-LOST MOMENTUM.
TARGETS: 7437(7351-7265)7180-COMMECIAL LESS LONG-NON COMM-LESS SHORT.

No comments:

Google+