Monday, March 04, 2024

major grains-cadusd-trends-traded-targets-mar04/2024-mon.

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

CORN (ZWK24)MAY: WORLD FINAL STOCKS-JAN/FEB-DOWN/3.16MMT.
TREND: (DOWN) OPEN INTEREST-UP VOLUME-DOWN.GAINEDMOMENTUM.
TRADED: UP-ABOVE TREND-TESTED RESISTANCE@429-NET BUYING..
TARGETS: 450(429-408)382 COMS-LESS LONG/NONCOMS-LESS SHORT.

SOYBEANS (ZSK24)MAY: WORLD FINAL STOCKS-JAN/FEB-UP/1.43MMT.
TREND: (DOWN) OPEN INTEREST-DOWN VOLUME/UP MOMENTUM STEADY.
TRADED: MOVE UP-ABOVE TREND-NET BUYING-RESISTANCE UNDER1170.
TARGETS: 1201(1170-1135)1102 COMS-MORE LONG/NONCOMS-MORE SHORT.

WHEAT (ZWK24)MAR: WORLD FINAL STOCKS-JAN/FEB-DOWN/0.59MMT.
TREND: (DOWN) OPEN INTERES-UP VOLUME-DOWN LOST MOMENTUM.
TRADED: DOWN-ON/UPSIDE TREND-NET BUYING-RESISTANCE@571..
TARGETS: 595(571-547)524 COMS-LESS LONG/NONCOMS-LESS SHORT.

CAD/USD (D6H24)/MAR:
TREND: (DOWN) OPEN INTEREST-UP VOLUME-DOWN LOST MOMENTUM.
TRADED: UP-BELOW TREND-NET SEL;LING-RESISTANCE MID(RANGE).
TARGETS: 7515(7429-7323)7259-COMS-SHORT/NONCOMS-MORE SHORT.

No comments:

Google+