Monday, December 05, 2022

major grains-cadusd-trends-trading-targets-dec05/2022-mon.

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 INTEREST: UP-VOLUME: DOWN.
TRADED: LOWER-BELOW TREND-MID(659-633)-NET SELLING-LOST 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: FLAT (1765-780.4).
TRADED: HIGHER-ON/.DOWNSIDE TREND-MID(1469-1431)-SELLING--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/MORE-OPEN INTEREST: UP VOLUME: DOWN-(1363.4-386.4).  
TRADED: LOWER-BELOW TREND/750-NET SELLING-GAINED MOMENTUM.    
TARGETS: 808(780-752)725 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: FLAT-VOLUME: UP-(8321-6820).
TRADED: LOWER-RESISTANCE@TREND/7437-SUPPORT@7351-NET SELLING-GAINED MOMENTUM.
TARGETS: 7521(7437-7351)7265-COMMECIAL FLAT LONG-NON COMM-MORE SHORT.

No comments:

Google+