Tuesday, February 07, 2023

major grains-cadusd-trends-trading-targets-feb07/2023-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 953MMT 
TRENDS: PRICE UP-OPEN INTEREST:UP-VOLUME-UP
TRADED: FLAT-SELLING-BELOW TRENDLINE-MID(665-691)-LOST MOMENTUM.
TARGETS: 640(665-691)715-COMMITMENTS-NO REPORT.

SOYS (ZSH23)/MAR: WORLD ENDING STOCKS-22/23-DOWN 530MMT 
TRENDS: PRICE: UP/STEEP-OPEN INTEREST: UP-VOLUME:DOWN-(1765-780.4).
TRADED: DOWN-NET SELLING-DOWNSIDE TRENDLINE-BELOW 1516-STEADY MOMENTUM.
TARGETS: (1440(1478-1516)1555-COMMITMENTS-NO REPORT.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 848MMT.
TRENDS: PRICE: FLAT HIGHS-OPEN INTEREST: UP VOLUME: DOWN-(1363.4-386.4).  
TRADED: DOWN-NET SELLING-ON/DOWNSIDE TRENDLINE/766-LOST MOMENTUM.    
TARGETS: 712(739-766)794-COMMITMENTS-NO REPORT.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: FLAT HIGHS-OPEN INTEREST: UP-VOLUME: UP (8321-6820).
TRADED: UP-NET BUYING-BELOW TRENDLINE/7484-GAINED MOMENTUM.
TARGETS: 7571(7484-7397)7311-COMMITMENTS-NO REPORT

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