Thursday, February 02, 2023

major grains-cadusd-trends-trading-targets-feb02/2023-thur.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING
TRENDS; LINES JOINING DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN).
TRADED: MOVE-ACTIVITY-TRENDLINE-TARGET-MOMENTUM
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT.

CORN (ZCK23/MAY: WORLD ENDING STOCKS-22/23-DOWN 953MMT 
TRENDS: PRICE: UP-OPEN INTEREST:UP-VOLUME-UP
TRADED: UP-CLOSE DOWN-SELLING-ON TREND-MID(665-691)-GAINED MOMENTUM.
TARGETS: 640(665-691)715-COMMERCIAL LESS/SHORT-NONCOMMERIAL MORE/LONG.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-22/23-DOWN 530MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: DOWN-VOLUME: DOWN-(1765-780.4).
TRADED: FLAT-CLOSE DOWN-NET SELLING-UPSIDE TREND/1516-LOST MOMENTUM.
TARGETS: (1478(1516-1555)1594--COMMERCIAL LESS/SHORT-NONCOMM LESS/LONG.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 848MMT.
TRENDS: PRICE: FLAT HIGHS-OPEN INTEREST: UP VOLUME: UP-(1363.4-386.4).  
TRADED: UP-CLOSE UP-NET BUYING-ON TREND@765/RESISTANCE-LOST MOMENTUM.    
TARGETS: 712(739-766)794 COMMERCIAL MORE LONG-NONCOMMERCIAL-MORE SHORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: FLAT CONSOLIDATION-OPEN INTEREST: DOWN-VOLUME: FLAT-(8321-6820).
TRADED: UP-CLOSE DOWN-SELLING-ON TREND/SUPPORT-ABOVE 7484-LOST MOMENTUM.
TARGETS: 7571(7484-7397)7311-COMMECIAL MORE LONG-NON COMM-MORE SHORT

No comments:

Google+