Saturday, April 01, 2023

major grains-cadusd-trends-trading-targets-mar31/2023-fri.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING
TRENDS: (UP)-DISTINCT HIGHER LOWS-(DOWN)-DISTINCT LOWER HIGHS
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/up-more-open interest/down-volume/up.
TRADED:  UP-BUYING-ON TREND UP/MORE-TESTED/CLOSE@662-GAINED/MOMENTUM.
TARGETS: 614(640-665)691-COMMERCIALS NOW SHORT-NON COMMERCIALS/MORE LONG

SOYS (ZSK23)/MAY: WORLD ENDING STOCKS-22/23-UP 303MMT 
TRENDS: PRICE/DOWN-SHARP-OPEN INTEREST/DOWN-VOLUME/UP
TRADED: UP-NET BUYING-ON TREND-TESTED/CLOSE ABOVE 1493-GAINED/MOMENTUM.
TARGETS:(1532(1493-1454)1416-COMMERCIALS/LESS SHORT-NON COMMS/LESS LONG.

WHEAT (ZWK23)/MAY: WORLD ENDING STOCKS-22/23-DOWN 425MMT.
TRENDS: PRICE/DOWN-OPEN INTEREST/DOWN-VOLUME/UP-(1363.4-386.4).  
traded: flat-net buying-on trend-met resistance@740-gained momentum.    
TARGETS: 724(697-670)644-COMMERCIALS/MORE LONG-NON COMMERCIALS-LESS SHORT

DOLLAR (D6M23)/JUN                  
TRENDS: PRICE/UP-SHARP/(NEW)-OPEN INTEREST/DOWN-VOLUME/UP.
TRADED: -UP-NET SELLING-ABOVE TREND-MET RSISTANCE/CLOSE@7392-LOST/MOMENTUM.
TARGETS: 7311(7392-7482)7568`-COMMERCIALS-FLAT NON COMMERCIALS-FLAT.

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