Thursday, September 21, 2023

major grains-cadusd-trends-traded-targets-sep21/2023-thur.

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/14.52MMT.
TRENDS: PRICE/DOWN OPEN INTEREST/UP VOLUME/DOWN.
TRADED: FLAT/CLOSE DOWN-ABOVE TREND/SUPPORT@490)-FLAT/MOMENTUM.
TARGETS: 536(513-490)468 COMMERCIALS-MORE/LONG NON COMMS-MORE/SHORT.

SOYS (ZSX23)NOV: WORLD ENDING STOCKS-23/24-UP/16.26MMT
TRENDS: PRICE/DOWN OPEN INTEREST/DOWN VOLUME/UP
TRADED: DOWN-BELOW TREND@SUPPORT MID(1315-1279)GAINED /MOMENTUM.
TARGETS: 1352(1315-1279)1243 COMMERCIALS-FLAT/SHORT NON COMMS-LESS/LONG.

WHEAT (ZWZ23)DEC: WORLD ENDING STOCKS-23/24-DOWN/8.52MMT.
TRENDS: PRICE/DOWN OPEN INTEREST/UP VOLUME/DOWN.
TRADED: DOWN/CLOSE DOWN-ON TREND@SUPPORT MID(586-561)-FLAT /MOMENTUM.
TARGETS: 611(586-561)537 COMMERCIALS-MORE/LONG NON COMMS-MORE/SHORT.

DOLLAR (D6Z23)/DEC
TRENDS: PRICE/UP OPEN INTEREST/DOWN VOLUME/UP.
.TRADED: DOWN/CLOSE DOWN-BELOW TREND-SUPPORT@7398-FLAT/MOMENTUM.
TARGETS: 7313(7398-7484)7570 COMMERCIALS-MORE/LONG NON COMMS-MORE/SHORT.

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