Tuesday, March 21, 2023

major grains-cadusd-trends-trading-targets-mar21/2023-tues.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING
TRENDS; LINES JOINING DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: 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-open interest: down-volume: up.
TRADING: UP-NET SELLING-ON TREND-MET RESISTANCE@637-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.
TRADING: UP-NET SELLING-ON TREND-MET RESISTANCE@1493-GAINED MOMENTUM.
TARGETS:(1532(1493-1454)1416-COMMITMENTS-REPORT BEING UPDATED.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 425MMT.
TRENDS: PRICE: DOWN/LESS-NEW-OPEN INTEREST: DOWN-VOLUME UP-(1363.4-386.4).  
trading: down-net selling-on trend-met resistance above 697-gained momentum.    
TARGETS: 752(724-697)670-COMMITMENTS-REPORT BEING UPDATED.

DOLLAR (D6M23)/JUN                  
TRENDS: PRICE: DOWN/LESS-OPEN INTEREST: DOWN-VOLUME: DOWN.
TRADING: FLAT-NET SELLING-ABOVE TREND-TESTED RESISTANCE@7309-STEADY MOMENTUM.
TARGETS: 7395(7309-7224)7138-commitments-report being updated.

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