Thursday, December 01, 2022

major grains-cadusd-trends-trading-targets-dec01/2022-thur.

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-OPEN INT: UP-VOL: UP
TRADED: LOWER-ALONG TREND-MET SUPPORT@659-SELLING-LOST 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: DOWN-VOLUME: UP (1765-780.4).
TRADED:  LOWER-ACROSS TREND-MET SUPPORT@1431-SELLING-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/MORE-OPEN INTEREST: FLAT VOLUME: FLAT-(1363.4-386.4).  
TRADED: SIDEWAYS-MET TREND/808 AS RESISTANCE-SELLING STEADY-MOMENTUM.    
TARGETS: 837(808-780)752 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME-UP-(8321-6820).
TRADED: HIGHER-DOWNSIDE TREND-UPSIDE 7437-OFFSET-LOST MOMENTUM.
TARGETS: 7521(7437-7351)7265-COMMECIAL LESS LONG-NON COMM-LESS SHORT.

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