Wednesday, June 28, 2023

major grains-0cadusd-trends-target-targets-jun28/2023-wed

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 (ZWZ23)DEC: WORLD ENDING STOCKS-23/24-UP/1.643MMT.
TRENDS: PRICE/DOWN(SHARP)(NEW) OPEN INTEREST/DOWN VOLUME/FLAT-HIGH
TRADED: DOWN/CLOSE DOWN-ON TREND-MET SUPPORT@536-LOST/MOMENTUM.
TARGETS: 584(560-536)513COMMERCIALS-NOW/SHORT.NON COMM-MORE LONG

SOYS (ZSX23)NOV: WORLD ENDING STOCKS-23/24-UP/2.146MMT
TRENDS: PRICE/UP(STEEP) OPEN INTEREST/DOWN VOLUME/UP
TRADED: MOVE /CLOSE DOWN-SUPPORT@TREND-JUST BELOW 1267-LOST/MOMENTUM
TARGETS:1232(1267-1303)1339-COMMS.MORE/SHORT.NON COMMS.MORE/LONG.

WHEAT (ZWZ23)DEC: WORLD ENDING STOCKS-23/24-DOWN/0.194MMT.
TRENDS: PRICE/UP(SHARP) OPEN INTEREST.DOWN VOLUME/UP
TRADED: MOVE/CLOSE DOWN-SUPPORT ABOVE TREND/683-STEADY/MOMENTUM
TARGETS: 657(683-709(735-COMMERCIALS.LESS/LONG.NON COMMERCIALS.LESS/SHORT

DOLLAR (D6U23)/SEP
TRENDS: PRICE/UP(GRADUAL) OPEN INTEREST/UP VOLUME/UP
TRADED: DOWN/CLOSE DOWN-BELOW TREND-MID(7588-7501)-GAINED/MOMENTUM.
TARGETS: 7415(7501-7588)7675-COMMERCIALS.LESS/LONG.NON COMMS.LESS/SHORT.

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