Wednesday, March 01, 2023

major grains-cadusd-trends-trading-targets-mar01/2023-wed

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/steep-open interest: up-volume: up
TRADED: DOWN-ON TREND-MET RESISTANCE/CLOSE@637-LOST MOMENTUM.
TARGETS: 686(662-637)612-COMMITMENTS-REPORT BEING UPDATED.

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 10203MMT 
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: DOWN-VOLUME: UP.
TRADED: FLAT-ON TREND-TESTED/CLOPSE BELOW 1493-LOST MOMENTUM.
TARGETS: (1532(1493-1454)1416-COMMITMENTS-REPORT BEING UPDATED.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 736MMT.
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: UP VOLUME FLAT: -(1363.4-386.4).  
traded: flat-net buying-near trend-mid(724-697)-steady momentum.    
TARGETS: 752(724-697)670-COMMITMENTS-REPORT BEING UPDATED.

DOLLAR (D6H23)/MAR                  
TRENDS: PRICE: DOWN-OPEN INTEREST: DOWN-VOLUME: FLAT (8321-6820).
TRADED: DOWN-NET BUYING-ON TREND-SUPPORT@7309-STEADY MOMENTUM.
TARGETS: 7481(7395-7309)7224-commitments-report being updated.

No comments:

Google+