Monday, November 07, 2022

major grains-cadusd-trends-trading-targets-novv07/2022-mon.

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: FLATCHANNEL-OPEN INT: DOWN-VOL: DOWN (300.2-776.6).
TRADING:  MOVE DOWN-MID CHANNEL/(687-661)-CLOSE DOWN-LOST VOLATILITY.
TARGETS: (714(687-661)653-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSF23)/JAN: WORLD ENDING STOCKS-21/22-DOWN 767MMT 
TRENDS: PRICE: UP/NEW-OPEN INTEREST: FLAT-VOLUME: DOWN-(1765-780.4).
TRADING: UP-OFF TREND-RESISTANCE@1470 HELD-CLOSE DOWN-LOST VOLATILITY.
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-MODERATE-OPEN INTEREST: UP VOLUME: DOWN-(1363.4-386.4).  
TRADING: UP-ABOVE TREND-CLOSE DOWN BELOW 871-GAINED VOLATILITY.
TARGETS: 901(871-841)812 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORESHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN/MORE-OPEN INTEREST: DOWN-VOLUME: FLAT-(8321-6820).
TRADING: FLAT-ABOVE TREND-RESISTANCE@1437-CLOSE UP-LOST VOLATILITY.
TARGETS: 7524(7437-7351)7265-COMMERCIAL FLAT LONG-NON COMM-FLAT SHORT.

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