Saturday, December 30, 2023

major grains-cadusd-trends-traded targets-dec29/2023-fri.

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/15.12MMT.
TRENDS: PRICE/DOWN(MODERATE) OPEN INTEREST-FLAT. VOLUME-FLAT.
TRADED: DOWN-ABOVE TREND-SUPPORT@741-SELLING-LESS/MOMENTUM.
TARGETS: 516(493-471)446 COMMS-MORE/LONG. NON COMMS-MORE/SHORT.

SOYS (ZSH24)MAR: WORLD ENDING STOCKS-23/24-UP/12.29MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-UP. VOLUME-DOWN.
TRADED: DOWN TREND-NEAR SUPPORT@1287-SELLING-MORE/MOMENTUM.
TARGETS: 1361(1324-1287)1251- COMS-MORE/LONG. NON COMS-NOW SHORT..

WHEAT (ZWH24)MAR: WORLD ENDING STOCKS-23/24-DOWN/11.65MMT..
TRENDS: PRICE/DOWN(GRADUAL) OPEN INTEREST-DOWN. VOLUME-DOWN.
TRADED: DOWN-BELOW TREND-SUPPORT@620-SELLING-FLAT/MOMENTUM.
TARGETS: 671(646-620)595 COMMS-LESS/LONG. NON COMMS-LESS/SHORT.

DOLLAR (D6H24)/MAR:
TRENDS: PRICE/UP(SHARP) OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: DOWN-ON TREND-UNDER SUPPORT@7553-SELLING-MORE/MOMENTUM.
TARGETS: 77381(7467-7553)7640-COMMS-LESS/LONG. NON COMMS-LESS/SHORT.

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