Wednesday, December 07, 2022

major grains-cadusd-trends-trading-targets-dec07/2022-wed.

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/LOWER-OPEN INTEREST: DOWN-VOLUME: FLAT.
TRADED: SIDEWAYS-ON TREND-RESISTANCE-MID (659-633)-NET BUYING-STEADY MOMENTUM
TARGETS: 685(659-633)608-COMMERCIAL MORE/SHORT-NONCOMMERCIAL MORE/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-21/22-DOWN 536MMT 
TRENDS: PRICE: DOWN/-OPEN INTEREST: UP-VOLUME: UP (1765-780.4).
TRADED:  HIGHER-ABOVE TREND/1469-NET BUYING-CLOSE UP-LOST-MOMENTUM.
TARGETS: (1508(1469-1431)1393-COMMERCIAL MORE/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWH23)/MAY: WORLD ENDING STOCKS-21/22-DOWN 1434MMT.
TRENDS: PRICE: DOWN/LOWER-OPEN INTEREST: UP VOLUME: UP-(1363.4-386.4).  
TRADED: HIGHER-ABOVE TREND-MID-(780-752)-NET BUYING-GAINED MOMENTUM-.    
TARGETS: 808(780-752)725 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: UP-(8321-6820).
TRADED: LOWER-BELOW TREND-MET RESISTANCE@7351-FLAT CLOSE-STEADY MOMENTUM.
TARGETS: 7437(7351-7265)7180-COMMECIAL FLAT LONG-NON COMM-MORE SHORT.

No comments:

Google+