Monday, September 11, 2023

,ajor grains-cadusd-trends-traded-targets-sep11/2023-mon

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/13.13MMT.
TRENDS: PRICE/UP(LESS) OPEN INTEREST/DOWN VOLUME/UP.
TRADED: DOWN/CLOSE UP-MOVE FLAT ABOVE SUPPORT@480-LOST/MOMENTUM.
TARGETS: 516(493-470)448 COMMERCIALS FLAT-LONG NON COMM-MORE/SHORT.

SOYS (ZSX23)NOV: WORLD ENDING STOCKS-23/24-UP/16.31MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST/FL;AT VOLUME/DOWN.
TRADED: UP/CLOSE UP-ON TREND-RESISTANCE@1375-STEADY/MOMENTUM.
TARGETS:1390(1375-1352)1339 COMMERCIALS-LESS SHORT NON COMMS-LESS/LONG.

WHEAT (ZWZ23)DEC: WORLD ENDING STOCKS-23/24-DOWN/2.70MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-FLAT VOLUME-UP.
TRADED: DOWN/CLOSE DOWN-BELOW TREND-TESTED/CLOSE@586-GAINED/MOMENTUM.
TARGETS: 637(611-586)561 COMMERCIALS-LESS-LONG NON COMMS-LESS/SHORT.

DOLLAR (D6U23)/SEP
TRENDS: PRICE/DOWN(GRADUAL) OPEN INTEREST/DOWN VOLUME/DOWN.
TRADED: UP/CLOSE UP-ON TREND-BELOW RESISTANCE@7383-LOST/MOMENTUM.
TARGETS: 7469(7383-7292)7211 COMMERCIALS-MORE/LONG NON COMMS-MORE/SHORT.

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