Tuesday, January 03, 2023

major grains-cadusd-trends-trading-targets-jan03/2023-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: UP/SHARP-OPEN INTEREST:UP-VOLUME: UP.
TRADED: DOWN OFF TREND-SUPPORT@LAST LOWS/665-SELLING-GAINED MOMENTUM.
TARGETS: 640(665-691)715-COMMERCIAL MORE/SHORT-NONCOMMERIAL MORE/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-22/23-UP 712MMT 
TRENDS: PRICE: UP/SHARP-OPEN INTEREST: UP-VOLUME: FLAT-(1765-780.4).
TRADED: DOWN-ON TREND-SUPPORT@LAST HIGHS-ABOVE 1478-GAINED MOMENTUM.
TARGETS: (1478(1516-1555)1594-COMMERCIAL MORE/SHORT-NONCOMM MORE/LONG.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 894MMT.
TRENDS: PRICE: UP/SHARP-OPEN INTEREST: UP VOLUME: FLAT-(1363.4-386.4).  
TRADED: FLAT-OFF/BESIDE TREND-SUPPORT-MID(766-794)-LOST MOMENTUM.    
TARGETS: 739(766-794)829 COMMERCIAL LESS LONG-NONCOMMERCIAL-LESS SHORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: UP-(8321-6820).
TRADED: DOWN-ON TREND-SUPPORT@7311-SELLING-CLOSE DOWN-GAINED MOMENTUM.
TARGETS: 7484(7397-7311)7225-COMMECIAL MORE LONG-NON COMM-MORE SHORT.

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