Friday, January 26, 2024

major grains-cadusd-trends-traded-targets-jan26/2024-fri.

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

CORN (ZWH24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/10.00MMT.
TRENDS: PRICE/UP(SHARP) OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: DOWN-DOWNSIDE TREND-NET SELLING-595-ACCELERSTED..
TARGETS: 571(595-619)644 COMS-LESS LONG. NONCOMS-LESS SHORT.

SOYS (ZSH24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/0.39MMT.
TRENDS: PRICE/UP(STEEP) OPEN INTEREST-DOWN. VOLUME-DOWN.
TRADED: DOWN-OFF TREND-NET SELLING-MID(RANGE)-(-)MOMENTUM.
TARGETS: 1166(1201-1236)1271 COMS-MORE LONG. NCOMS-MORE SHORT.

WHEAT (ZWH24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/1.83MMT.
TRENDS: PRICE/DOWN(MODERATE) OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: DOWN-ABOVE TREND-NET SELLING-SUPPORT@594-ACCELERATED..
TARGETS: 646(620-594)571 COMS-LESS LONG. NON COMS-LESS SHORT.

DOLLAR (D6H24)/MAR:
TRENDS: PRICE/DOWN(LESS) OPEN INTEREST-DOWN. VOLUME-DOWN.
TRADED: UP-ABOVE TREND-NET BUYING-UPSIDE 7415-(-)MOMENTUM..
TARGETS: 7589(7502-7415)7329 COMS-LESS LONG. NCOMS-LESS SHORT.

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