Monday, March 27, 2023

major grains-cadusd-trends-trading-targets-mar27/2033-mon

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: up/new-open interest: down-volume: down.
TRADING: UP-NET BUYING-ON TREND-NEW/MEASURED OBJECTIVE 672-LOST MOMENTUM.
TARGETS: 640(665-691)715-COMMERCIALS LESS LONG-NON COMMERCIALS/MORE LONG

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-UP 303MMT 
TRENDS: PRICE: DOWN/STEEP-OPEN INTEREST: DOWN-VOLUME: DOWN
TRADING: UP-BUYING-ASIDE TREND-MID(1454-1416)-LOST MOMENTUM.
TARGETS:(1493(1454-1416)1378-COMMERCIALS/MORE SHORT-NON COMMS/MORE LONG.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 425MMT.
TRENDS: PRICE: DOWN/LESS-NEW-OPEN INTEREST: DOWN-VOLUME DOWN-(1363.4-386.4).  
trading: up-net buying-on trend-tested/close up@697-lost momentum.    
TARGETS: 724(697-670)644-COMMERCIALS/LESS LONG-NON COMMERCIALS-LESS SHORT

DOLLAR (D6M23)/JUN                  
TRENDS: PRICE: DOWN/MORE-OPEN INTEREST: UP-VOLUME: DOWN.
TRADING:UP-BUYING-ON TREND-TESTED/CLOSE ABOVE RESISTANCE@7309-GAINED MOMENTUM.
TARGETS: 7395(7309-7224)7138-COMMERCIALS/MORE LONG-NON COMMERCIALS-MORE SHORT.

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