Friday, December 17, 2021

Major Grains-CADUSD-Trends.Trading.Targets-Dec17/2021-Fri

MARKETS PRICE-SUPPLY/DEMAND DURING TRADING VOLATILITY
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: DIRECTION-MOMENTUM-TREND LINE-TARGET-CLOSE.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 1.58MMT
TRENDS: PRICE: DOWN-OPEN INTEREST: DRIFT UP-VOLUME: DOWN-/(302-758.2)
TRADING: UP-ON TREND/588-SELLING@PREVIOUS HIGHS-CLOSE UP-MORE VOLATILITY. 
TARGETS: (612(588-564)540)-COMMERCIAL MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSF22)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.60MMT 
TRENDS: PRICE: NEW/UP-OPEN INTEREST: UP-VOLUME: FLAT-/(1667-791).
TRADING: UP-FAILED BREAKOUT-ABOVE TREND-TESTED 1292-MORE VOLATILITY. 
TARGETS: (1221(1256-1292)1329)-COMMERCIAL/MORE SHORT-NON COMM/MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: NEW/DOWN-OPEN INTEREST: FLAT-VOLUME: DOWN-(387-874.6). 
TRADING: UP-BELOW TREND-FROM 758/MAJOR LOW-NET BUYING-LESS VOLATILITY.
TARGETS: 814(786-758)731-COMMERCIAL/LESS SHORT-NON COMM/LESS LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: UP-OPEN INTEREST: DOWN-VOLUME: DOWN-RANGE/(8321-6820)
TRADING: LOWER-ON TREND-TESTED 7786-ABOVE DISTINCT LOW-MORE VOLATILITY.
TARGETS: (7964(7875-7786)7697)-COMMERCIAL/NOW SHORT-NON COMM/MORE SHORT 

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