Tuesday, June 27, 2023

major grains-cadusd-trends-traded-targets-jun27/2033-tues.

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/UP(SHARP) OPEN INTEREST/UP VOLUME/FUP
TRADED: DOWN/CLOSE DOWN-TESTED SUPPORT@TREND/558-GAINED/MOMENTUM.
TARGETS: 535(558-582)606.COMMERCIALS/NOW SHORT-.NON COMMS/MORE LONG.

SOYS (ZSX23)NOV: WORLD ENDING STOCKS-23/24-UP/2.146MMT
TRENDS: PRICE/UP(LESS)/(SHARP) OPEN INTEREST/UP VOLUME/EVEN
TRADED: DOWN/CLOSE DOWN-ABOVE TREND-SUPPORT/MID(1267-1303)-GAINED//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(LESS)/(SHARP) OPEN INTEREST.UP VOLUME/UP
TRADED: DOWN/CLOSE DOWN-ABOVE TREND-SUPPORT/MID(683-709)GAINEDMOMENTUM
TARGETS: 657(683-709)735COMMERCIALS.LESS/LONG.NON COMMERCIALS.LESS/SHORT

DOLLAR (D6U23)/SEP
TRENDS: PRICE/UP(MODERATE) OPEN INTEREST/UP VOLUME/EVEN
TRADED: UP/CLOSE DOWN-RESISTANCE@TREND/SUPPORT@7588-STEADY/MOMENTUM.
TARGETS: 7501(7588-7675)7763-COMMERCIALS.LESS/LONG.NON COMMS.LESS/SHORT.

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