Thursday, February 23, 2023

major grains-cadusd-trends-trading-targets-feb23/2023-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 1100MMT 
Trends: price: down-open interest: up-volume: up
TRADED: DOWN-SELLING-ABOVE REVISED TREND-TESTED 662-GAINED MOMENTUM.
TARGETS: 712(686-662)637-COMMITMENTS-NO REPORT.

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 10203MMT 
TRENDS: PRICE: UP-OPEN INTEREST: UP-VOLUME: UP.
TRADED: DOWN-FROM RESISTANCE@HIGHS-ON TREND/1532-LOST MOMENTUM.
TARGETS: (1493(1532-1571)1611-COMMITMENTS-NO REPORT.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 736MMT.
TRENDS: PRICE: DOWN-OPEN INTEREST: UP VOLUME: UP-(1363.4-386.4).  
traded: flat-selling-met support @trend/752-lost momentum.    
TARGETS: 808(780-752)724-COMMITMENTS-NO REPORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: DOWN-OPEN INTEREST: FLAT-VOLUME: FLAT (8321-6820).
TRADED: DOWN-MOVE DOWN BELOW TREND/7395-NET BUYING-GAINED MOMENTUM.
TARGETS: 7481(7395-7309)7224/NEW-commitments-no report

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