Tuesday, February 06, 2024

major grains-cadusd-trends-traded-trading-feb06/2024-tues.

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

CORN (ZWH24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/10.00MMT.
TRENDS: PRICE/MOVE FLAT OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: FLAT-IN MOVE-NET SELLING-BELOW RESISTANCE@448-GAINED.
TARGETS: 471(448-427)407 C'S-MORE LONG. NC'S-MORE SHORT.

SOYS (ZSH24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/0.39MMT.
TRENDS: PRICE/DOWN(SHARP) OPEN INTEREST-DOWN. VOLUME-UP.
TRADED: UP-UPSIDE TREND-NET SELLING-MID(RANGE)-LOST.
TARGETS: 1251(1216-1181)1147 N'CS-MORE LONG. NC'S-MORE SHORT..

WHEAT (ZWM24)MAR: WORLD ENDING STOCKS-DEC/JAN-UP/1.83MMT.
TRENDS: PRICE/UP(MODERATE) OPEN INTEREST-DOWN. VOLUME-FLAT.
TRADED: FLAT-ON TREND-NET BUYING-RESISTANCE@595-LOST.
TARGETS: 547(571-595)619 C'S-LESS LONG. NC'S-LESS SHORT.

DOLLAR (D6H24)/MAR:
TRENDS: PRICE/DOWN(MODERATE) OPEN INTEREST-UP. VOLUME-FLAT.
TRADED: DOWN-ABOVE TREND-BUYING-RESISTANCE@7415-LOST.
TARGETS: 7502(7415-7329)7243 C'S-NOW SHORT. NC'S-LESS SHORT..

No comments:

Google+