Tuesday, February 21, 2023

major grains-cadusd-trends-trading-targets-feb21/2023-tues.

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-OPEN INTEREST: UP-VOLUME-UP.
TRADED: UP-BUYING-ON SUPPORT@TREND/672-HIGHS HELD-GAINED-MOMENTUM.
TARGETS: 647(672-698)725-COMMITMENTS-NO REPORT.

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 10203MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: UP.
TRADED: UP/GAP-BUYING ABOVE TREND-SUPPORT@1532-GAINED 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: UP-(1363.4-386.4).  
TRADED: MOVE DOWN-SELLING-BELOW TREND/767-GAINED MOMENTUM.    
TARGETS: 740(767-795)823-COMMITMENTS-NO REPORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: FLAT RANGE-OPEN INTEREST: UP-VOLUME: UP (8321-6820).
TRADED: FLAT-SELLING-TESTED BOTTOM OF RANGE/7426-GAINED MOMENTUM.
TARGETS: 7255(7340-7426)7512/NEW-COMMITMENTS-NO REPORT

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