Tuesday, January 02, 2024

major grains-cadusd-trends-traded-targets-jan02/2024-tues.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING.
TRENDS: (UP)-DISTINCT HIGHER LOWS-(DOWN)-DISTINCT LOWER HIGHS,,
TRADED: MOVE-TREND-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-UP. VOLUME-UP.
TRADED: DOWN-ON TREND-MID(471-448)-SELLING-GAINED/MOMENTUM.
TARGETS: 492(471-448)427 COMMS-MORE/LONG. NON COMMS-FLAT/SHORT.

SOYS (ZSH24)MAR: WORLD ENDING STOCKS-23/24-UP/12.29MMT
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-UP. VOLUME-UP.
TRADED: GAP-BELOW TREND-MID(RANGE)-NET SELLING-MOMENTUM/UP.
TARGETS: 1324(1287-1251)1216-COMM-MORE/LONG. NON COMM-MORE/SHORT.

WHEAT (ZWH24)MAR: WORLD ENDING STOCKS-23/24-DOWN/11.65/MMT.
TRENDS: PRICE/DOWN(MORE) OPEN INTEREST-UP. VOLUME-UP.
TRADED: DOWN-ON TREND-MID(620-595)-SELLING-GAINED -MOMENTUM.
TARGETS: 646(620-595)571 COMMS-LESS/LONG. NON COMMS-LESS/SHORT.

DOLLAR (D6H24)/MAR:
TRENDS: PRICE/UP(SHARP) OPEN INTEREST-DOWN. VOLUME-DOWN.
TRADED: DOWN-BELOW TREND-MID(7467-7553)-SELLING-MOMENTUM/UP.
TARGETS: 7311(7397-7482)7568 COMMS-LESS/LONG. NON COMMS.LESS/SHORT.

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