Tuesday, November 28, 2023

major grains-cadusd-trends-traded-targets-nov28/2023-tues. `

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING.
TRENDS: (UP)-DISTINCT HIGHER LOWS-(DOWN)-DISTINCT LOWER HIGHS.
TRADED: MOVE-TRENDLINE-TARGET-ACTIVITY-MOMENTUM.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT.

CORN (ZWH24)MAR: WORLD ENDING STOCKS-23/24-UP/15.77MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-UP. VOLUME-UP.
TRADED: DOWN-ABOVE TREND-MET SUPPORT@470-NET BUYING-LOST/MOMENTUM.
TARGETS: 515(493-470)448 COMMERCIALS-MORE/LONG. NON COMMS-MORE/SHORT.

SOYS (ZSF24)JAN: WORLD ENDING STOCKS-23/24-UP/14.20MMT.
TRENDS: PRICE/UP(MODERATE) OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: UP-ON TREND-MET RESISTANCE@1351-BUYING-GAINED/MOMENTUM.
TARGETS: 1279(1315-1351)1380 COMMERCIALS-LESS SHORT. NON COMMS-LESS/LONG.

WHEAT (ZWH24)MAR: WORLD ENDING STOCKS-23/24-DOWN/11.42MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-UP. VOLUME-DOWN.
TRADED: FLATON TREND-RESISTANCE@TREND/571-NET BUYING-LOST/MOMENTUM.
TARGETS: 547(571-545)524 COMMERCIALS-MORE/LONG. NON COMMS-MORE/SHORT.

DOLLAR (D6Z23)/DEC:
TRENDS: PRICE/UP OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: FLAT-ON TREND-RESISTANCE BELOW 7398-BUYING-GAINED/MOMENTUM.
TARGETS: 7227(7313-7398)7484COMMERCIALS-LESS/LONG NON COMMS-LESS/SHORT.

No comments:

Google+