Tuesday, March 14, 2023

major grains-cadusd-trends-trading-targets-mar14/2023-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 923MMT 
Trends: price: down/sharp-open interest: dn-volume: up
TRADED: UP-NET BUYING/CLOSE UP-ON TREND/SUPPORT@612-STEADY MOMENTUM.
TARGETS: 662(637-612)587-COMMITMENTS-REPORT BEING UPDATED.

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-UP 303MMT 
TRENDS: PRICE: DOWN/SHARP-OPEN INTEREST: DOWN-VOLUME: DOWN.
TRADED: DOWN-NET BUYING/CLOSE UP BELOW TREND@1493-LOST-MOMENTUM.
TARGETS: (1571(1532-1493)1454-COMMITMENTS-REPORT BEING UPDATED.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 425MMT.
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOLUME DOWN-(1363.4-386.4).  
traded: up-net buying/close up-downside trend@697-lost momentum.    
TARGETS: 724(697-670)644-COMMITMENTS-REPORT BEING UPDATED.

DOLLAR (D6M23)/JUN-NEW                  
TRENDS: PRICE: DOWN-OPEN INTEREST: UP-VOLUME: DOWN.
TRADED: UP-NET BUYING-CLOSE UP-ABOVE TREND@7309-LOST MOMENTUM.
TARGETS: 395(7309-7224)7138-commitments-report being updated.

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