Friday, January 06, 2023

major grains-cadusd-trends-trading-targets-jan06/2023-fri.

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-OPEN INTEREST:UP-VOLUME: DOWN.
TRADE: UP-MET RESISTANCE@TREND-BELOW 665-NET SELLING-LOST-MOMENTUM.
TARGETS: 614(640-665)691-COMMERCIAL MORE/SHORT-NONCOMMERIAL MORE/LONG.

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

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 894MMT.
TRENDS: PRICE: UP/LESS-OPEN INTEREST: DOWN VOLUME:DOWN-(1363.4-386.4).  
TRADED: UP-MET RESISTANCE@TREND/766-NET SELLING-LOST MOMENTUM.    
TARGETS: 712(739-766)794 COMMERCIAL LESS LONG-NONCOMMERCIAL-LESS SHORT.

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

No comments:

Google+