Tuesday, December 13, 2022

major grains-cadusd-trends-trading-targets-dec/13-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-22/23-DOWN 869MMT 
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOLUME UP.
TRADED: MOVE UP-RESISTANCE@TREND/659/LOWS-SELLING-LOST-MOMENTUM.
TARGETS: 685(659-633)608-COMMERCIAL LESS/SHORT-NONCOMMERIAL LESS/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-22/23-UP 712MMT 
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: FLAT (1765-780.4).
TRADED: UP-ABOVE TREND-TESTED /CLOSE-ABOVE RESISTANCE@1478-NET BUYING-STEADY.
TARGETS: (1440(1478-1516)1555-COMMERCIAL FLAT/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 894MMT.
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN VOLUME: UP-(1363.4-386.4).  
TRADED: UP-ON TREND-RESISTANCE BELOW 780SELLING-LOST MOMENTUM.    
TARGETS: 808(780-752)725 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6Z22)/DEC                  
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: UP-(8321-6820).
TRADED: TESTED/CLOSE UP ABOVE FLAT MOVE/7351-BELOW TREND-BUYING-GAINED MOMENTUM.
TARGETS: 7437(7351-7265)7180-COMMECIAL MORE LONG-NON COMM-MORE SHORT.

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