Monday, February 13, 2023

major grains-cadusd-trends-trading-targets-feb13/2023-mon.

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 1100MMT 
TRENDS: PRICE UP/LESS-OPEN INTEREST: UP-VOLUME.-UP.
TRADED: MOVE FLAT-BUYING-ABOVE TRENDLINE-MID(665-691)-LOST MOMENTUM.
TARGETS: 640(665-691)715-COMMITMENTS-NO REPORT.

SOYS (ZSH23)/MAY-NEW: WORLD ENDING STOCKS-22/23-DOWN 10203MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: UP-VOLUME: DOWN-(1765-780.4).
TRADED: UP-BUYING-ABOVE TRENDLINE/SUPPORT@1532-LOST MOMENTUM.
TARGETS: (1493(1532-1571)1611/NEW-COMMITMENTS-NO REPORT.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 736MMT.
TRENDS: PRICE: UP/SHARP-OPEN INTEREST: UP VOLUME: DOWN-(1363.4-386.4).  
TRADED: UP-NET BUYING-BELOW TRENDLINE-TESTED 794-LOST MOMENTUM.    
TARGETS: 766(794-822)851-COMMITMENTS-NO REPORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: FLAT-OPEN INTEREST: DOWN-VOLUME: DOWN (8321-6820).
TRADED: UP-NET BUYING-MET RESISTANCE@TRENDLINE/ABOVE 7478-LOST MOMENTUM.
TARGETS: 7392(7478-7564)7651-COMMITMENTS-NO REPORT

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