Thursday, January 04, 2024

major grains-cadusd-trends-traded-targets-jan04/2024-thur.

MARKETS: PRICE SUPPLY/DEMAND-DURING MOMENTUM OF TRADING.
TRENDS: (UP)-DISTINCT HIGHER LOWS-(DOWN)-DISTINCT LOWER HIGHS.
TRADED: MOVE-TRENDLINE-TARGET-TRADING-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-DOWN.
TRADED: UP-ON TREND-RESISTANCE@471-NET BUYING-MORE/MOMENTUM.
TARGETS: 492(471-448)427.COMS-MORE/LONG. NON COMS-FLAT/SHORT.

SOYS (ZSH24)MAR: WORLD ENDING STOCKS-23/24-UP/12.29MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-DOWN. VOLUME-FLAT.
TRADED: FLAT-OFF TREND-SUPPORT MID(RANGE)-BUYING-FLAT/MOMENTUM.
TARGETS: 1324(1287-1251)1216 COMS-MORE/LONG. NON COMS-MORE/SHORT.

WHEAT (ZWH24)MAR: WORLD ENDING STOCKS-23/24-DOWN/11.65MMT.
TRENDS: PRICE/DOWN(MODERATE) OPEN INTEREST-UP. VOLUME-FLAT.
TRADED: UP-UNDER TREND/RESISTANCE@620-NET BUYING-MORE/MOMENTUM.
TARGETS: 646(620-595)571 COMS-LESS/LONG. NON COMS-LESS/SHORT.

DOLLAR (D6H24)/MAR:
TRENDS: PRICE/DOWN(MOLDERATE) OPEN INTEREST-UP/. VOLUME-FLAT.
TRADED: FLAT-UNDER TREND-SUPPORT@7467-SELLING-FLAT/MOMENTUM.
TARGETS: 77640(7553-7467)7381 COMS-LESS/LONG. NON COMS-LESS/SHORT.

No comments:

Google+