Commodity Price Charts articles from April 2004

Commodity Price Charts archives from April 2004

Cattle.(Agricultural Markets)
April 2, 2004... May Feeder Cattle have resistance at their Dec gap of .8875. CC above targets the Oct/Dec DTL (.9020-.9010) followed by the Dec gap at .9100. Support lies at the Feb low of .8355. CC below targets some weekly support at .8165. June Live Cattle...

Lean hogs.(Agricultural Markets)
April 2, 2004... June continue to register contract highs as weekly resistance at the 4/00-7/ 01 DTL, crossing near .6675 next week, was slightly probed (basis Apr). If Apt can post daily CC above, the market's next upside target lies between .6902 and .6915...

Corn.(Agricultural Markets)
April 2, 2004... May has violated monthly resistance between 3.20 (4/97) and 3.19 1/2, which is the .382 retracement level of the '96/'00 decline. The next upside target lies at the .50 retracement level at 3.64 1/4. Resistance above there is monthly at 3.72...

Oats.(Agricultural Markets)
April 2, 2004... May are attempting to post CC above their Mar gap at 1.76. If accomplished, the next upside target is weekly resistance at 1.90 1/2 (4/03). Initial support is now the Mar UTL (1.64 3/4-1.67). CC below targets the Dec/Feb UTL (1.56 1/4-1.57)....

Soybean complex.(Agricultural Markets)
April 2, 2004... May Soybeans have turned right back up after deeply probing closing support at their Mar gap of 9.99. Resistance is weekly at 1059 1/2 (7/88). Daily CC above targets horizontal monthly resistance between 10.99 1/2 (6/88) and 11.05 (8/73)....

Wheat (Chgo).(Agricultural Markets)
April 2, 2004... May will need CC above its former contract high at 4.13 to increase the chance for a move up to horizontal monthly resistance at 4.40 (9/02). Additional monthly resistance lies at 4.49(4/97). Support is horizontal at the Aug high of 3.84...

Cotton.(Agricultural Markets)
April 2, 2004... May has violated its filled Sep gap at .6325 making the Aug low at .5910 its next downside target. CC below there targets support between the 6/03 gap at 5775 and the 6/ 03 low at .5695. CC above the Mar gap at .6485 targets closing resistance...

Sugar.(Agricultural Markets)
April 2, 2004... May has turned up from closing support at its early-Mar low of 601. CC below will target the contract low at 550. Resistance is horizontal at the 3/18 reaction low of 653. CC above targets closing resistance at the filled Mar gap of 709. The...

Coffee.(Agricultural Markets)
April 2, 2004... May has support at its Feb low of .7050. CC below targets closing support at .6850 followed by the filled Dec gap of .6430. Resistance lies at the Friar gap off .7485 along with violated support at the Dec-UTL (.7445-.7505). CC above those...

Cocoa.(Agricultural Markets)
April 2, 2004... May is challenging resistance at its Dec/Jan DTL (1516-1503) CC above targets horizontal closing resistance at 1600. Initial support is now the Mar UTL (1478-1500). CC below targets closing support at the Mar gap of 1414. CC below there targets...

May. 04 pork bellies (CME).
April 2, 2004... SYMBOL=PBK MAY.04 PORK BELLIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 Pts. FND: 5-10-04 LTD: 5-7-04 OPTIONS EXPIRE: 5-7-04 High Low 04/01/04 08/12/03 11000 ...

May. 04 frozen orange juice (NYCE).
April 2, 2004... SYMBOL=OJK MAY.04 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Point 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 5-3-04 LTD: 5-10-04 OPTIONS EXPIRE: 4-16-04 High Low 11/19/02 04/01/04 ...

Cattle.(Agricultural Markets)
April 8, 2004... May Feeder Cattle have resistance at their Dec gap of .8875. CC above targets the Oct/Dec DTL (.9004-.8993) followed by the Dec gap at .9100. Support lies at the Feb low of .8355. CC below targets some weekly support at. 8165. June Live Cattle...

Lean hogs.(Agricultural Markets)
April 8, 2004... June are probing horizontal monthly resistance at .7470 (7/01). Daily CC above targets the next level of monthly resistance at .7810 (4/00). CC below the late-Mar low at .6997 targets support at the Dec/Feb UTL (.6755-.6802). CC below there...

Corn.(Agricultural Markets)
April 8, 2004... May has recently violated monthly resistance between 3.20 (4/97) and 3.19 1/2, which is the .382 retracement level of the '96/'00 decline. The next upside target lies at the .50 retracement level at 3.64 1/4. Resistance above there is monthly...

Oats.(Agricultural Markets)
April 8, 2004... May have recently violated closing resistance at their Mar gap of 1.76. The next upside target is horizontal weekly resistance at 1.90 1/2 (4/03). Initial support is now the Mar UTL (1.67 1/4-1.69 1/2). CC below targets the Dec/Feb UTL (1.57...

Soybean complex.(Agricultural Markets)
April 8, 2004... May Soybeans gapped down after probing weekly resistance at 10.59 1/2 (7/88) again. CC above the gap at 10.22 will suggest another test of the 10.59 1/2 level. Daily CC above there targets monthly resistance between 10.99 1/2 (6/88) and 11.05...

Wheat (Chgo).(Agricultural Markets)
April 8, 2004... May is probing monthly resistance at 4.18 3/4 (10/02). Daily CC above targets monthly resistance at 4.40 (9/02). Additional monthly resistance lies at 4.49 (4/97). Initial closing support is horizontal at the Feb high of 4.04. CC below targets...

Cotton.(Agricultural Markets)
April 8, 2004... May has recently violated Sep gap support at .6325 making the Aug low at .5910 its next downside target. CC below there targets support between the 6/03 gap at .5775 and the 6/03 low at .5695. Initial closing resistance lies at the Mar gap of...

Sugar.(Agricultural Markets)
April 8, 2004... May is attempting to post CC above horizontal resistance at the 3/18 reaction low of 633 after coming off closing support at its early Mar low of 601. If accomplished, closing resistance at the filled Mar gap of 709 is the next upside target....

Coffee.(Agricultural Markets)
April 8, 2004... May has support at its Feb low of .7050. CC below targets closing support at .6850 followed by the filled Dec gap of .6430. Resistance lies at the Mar gap off .7485 along with violated support at the Dec UTL (.7515-.7572). CC above those levels...

Cocoa.(Agricultural Markets)
April 8, 2004... July is challenging its Mar low at 1390. CC below targets the contract low at 1350. Weekly support lies between 1345 and 1341, which is the .618 retracement level of the '00/ '03 rally. CC above the filled Mar gap at 1427 targets the Dec/Apt...

May.04 pork bellies (CME).(Agricultural Markets)
April 8, 2004... SYMBOL=PBK MAY.04 PORK BELLIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 pts. FND: 5-10-04 LTD: 5-25-04 OPTIONS EXPIRE: 5-7-04 High Low 04/01/04 08/12/03 11000...

May. 04 frozen orange juice (NYCE).(Agricultural Markets)
April 8, 2004... SYMBOL=OJK MAY. 04 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 1 pts. FND: 5-3-04 LTD: 5-10-04 OPTIONS EXPIRE: 4-16-04 High Low 11/19/02 04/01/02...

Currencies.(Financial Markets)
April 8, 2004... The June British Pound has horizontal resistance at its Jan high of 1.8373. CC above will target closing resistance at the filled Feb gap of 1.8695. CC below the Mar UTL (1.7986-1.8032) targets the Jan low at 1.7638. CC below there targets some...

Eurodollar.(Financial Markets)
April 8, 2004... September has recently violated initial support at its Dec/Feb UTL after approaching horizontal closing resistance at the 9875 level and is currently challenging horizontal support at its Mar low of 9846. CC below opens the door for a run down...

T-Bond & T-Note (10-yr.).(Financial Markets)
April 8, 2004... June T-Bonds are challenging support at their Aug/Jan UTL (110-15/110-23, using closes). CC below targets the late-Jan low at 108-20. Closing resistance is now horizontal at the former contract high of 113-07 (3/1). Momentum indicators are...

Copper.(Financial Markets)
April 8, 2004... May has recently violated support at its steep Nov/Jan UTL and its 40-day M.A., currently near 1.3267, which is now closing resistance. The market is currently challenging its Mar gap at 1.2930. CC below could see a move all the way down to the...

Gold.(Financial Markets)
April 8, 2004... June has turned up from support at its steep Mar UTL (417.00-421.30) and is probing its filled Mar gap at 424.40. CC above targets closing resistance at its former contract high of 431.0ff. (2C above there targets monthly resistance at 449.90,...

Silver.(Financial Markets)
April 8, 2004... May has finally posted daily CC above monthly resistance at 8.1600 (7/88). The next upside target is monthly resistance at 8.6200 (10/87). Daily CC above there targets monthly resistance at 8.9450 (8/87). CC back below the 8.1600 level targets...

Energy complex.(Financial Markets)
April 8, 2004... June Crude Oil has reversed higher after approaching support at its Nov/Feb UTL (32.80-33.00). The weekly EIA inventory report was the reason. CC below targets the Feb low at 30.40. CC above resistance at its contract high of 35.90 will signal...

S&P 500 index.(Financial Markets)
April 8, 2004... June has resistance at its contract high of 1162.30. CC above targets monthly resistance between 1170.80, which is the .50 retracement level of the '00/'02 decline, and 1178.50 (1/02). CC back below the 1133.90 level targets weekly support at...

Dow Jones 30 industrials (CASH).
April 8, 2004... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points [GRAPHIC OMITTED] 14-DAY RELATIVE STRENGTH INDEX (As of Thursday) Up Avg 34.025 Down Avg 29.724 Date Open High Low ...

Jul.04 platinum (NYMEX).(Financial Markets)
April 8, 2004... SYMBOL=PLN JUL.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 cents(.10) FND: 7-1-04 LTD: 7-27-04 OPTIONS EXPIRE: 6-16-04 High Low 03/24/04 12/29/03 ...

Trader's commitments as of March 30, 2004.
April 8, 2004... Trader's Commitments as of March 30, 2004 In observance of Good Friday, we will be releasing the next COT report on Monday, April 12, 2004 by 9:30 AM central time. NON-COMMERCIAL (LARGE SPECULATORS) COMMODITY Long...

Weekly/monthly data.
April 8, 2004... WEEKLY/MONTHLY DATA Listed below is the data to update your weekly and monthly charts. When plotting weekly charts the lead contract is used until the week of expiration. When plotting the week of the changeover, combine the price...

Cattle.(Agricultural Markets)
April 16, 2004... May Feeder Cattle are nearing their Dec gap at .9100. CC above bodes well for a move up to the Dec high at .9282 followed by the contract high at .9390. CC below support at the Mar/Apr UTL (.8714-.8770) will set up a test of the Feb low of...

Lean hogs.(Agricultural Markets)
April 16, 2004... June has reversed lower after giving a bogus buy signal with daily CC above monthly resistance at .7470. CC below the 4/5 low at .7197 targets support at the Dec/Feb UTL (.6818-.6866). CC below there targets the Mar low at .6470. Momentum...

Corn.(Agricultural Markets)
April 16, 2004... May blew through support at 3.19 1/2 after failing to reach its next upside objective at 3.64 1/4. The next downside target lies at the Jan/Feb UTL (3.00-3.02 1/4) drawn off the 1/12 low. CC below there targets the Mar low at 2.91. Support...

Oats.(Agricultural Markets)
April 16, 2004... May has violated support at its Mar UTL making the Dec/Feb UTL (1.58 1/4-1.59) its next downside target. CC below there targets the Feb low at 1.50 1/2. Closing resistance lies at the Apr gap of 1.70. Momentum indicators are bearish after...

Soybean complex.(Agricultural Markets)
April 16, 2004... May Soybeans broke down after probing monthly resistance at 10.59 1/2. Support lies at the Mar gap of 9.59 1/2. CC below targets the Dec/Feb UTL (9.22 1/2-9.31 1/2). Resistance is now the steep Apr DTL (10.03 1/2-9.78 1/2), followed by the...

Wheat (Chgo).(Agricultural Markets)
April 16, 2004... May tanked after failing to post CC above monthly resistance at 4.18 3/4. CC below the Aug high at 3.84 targets the Jul/Oct UTL (3.66 1/4-3.67 1/4) followed by the Mar low at 3.60. Closing resistance lies at the Apr gap of 4.06 1/2. ...

Cotton.(Agricultural Markets)
April 16, 2004... July is probing its Aug low at .6015. CC below targets support between the 6/03 gap at .5878 and the 6/03 low at .5805. Note monthly support lies at .5650 (basis May), which is the .50 retracement level of the '01/'03 rally. CC above initial...

Sugar.(Agricultural Markets)
April 16, 2004... July is supported by its Feb/Mar UTL (650-658) as it makes its way up to resistance at the contract high of 725. CC above targets weekly resistance between 790 and 805 (basis May). CC below the said UTL targets horizontal support at 615. Watch...

Coffee.(Agricultural Markets)
April 16, 2004... July is challenging its Feb low at .7260. CC below targets closing support at the filled Oct gap of .7030. CC below there will lead to a test of the Dec gap at .6605. CC above initial resistance at the Mar/Apr DTL (.7410-.7288) targets the Mar...

Cocoa.(Agricultural Markets)
April 16, 2004... July has violated support at its Mar low of 1390. The contract low at 1350 is the next downside target. Weekly? support lies between 1345 and 1341 (basis May), which is the .618 retracement level of the '00/'03 rally. Daily CC below (May)...

May .04 pork bellies (CME).(Agricutural Markets)
April 16, 2004... SYMBOL=PBK MAY.04 PORK BELIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 Pts. FND: 5-10-04 LTD: 5-25-04 OPTIONS EXPIRE: 5-7-04 High Low 04/01/04 08/12/03 11000 7940 ...

May .04 frozen orange juice (NYCE).(Agricutural Markets)
April 16, 2004... SYMBOL=OJK MAY.04 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 5-3-04 LTD: 5-10-04 OPTIONS EXPIRE: 4-16-04 High Low 11/19/02 04/01/04 11105 5865 ...

Currencies.(Financial Markets)
April 16, 2004... The June British Pound is nearing support at its Jan low of 1.7638. CC below targets some weekly support at 1.7242 (12/03). Resistance now lies at the Feb/Apr DTL (1.8310-1.8257) followed by closing resistance at 1.8373. The June Canadian...

Eurodollar.(Financial Markets)
April 16, 2004... September has violated horizontal support at its Mar low of 9846, which is now closing resistance. CC back above targets the Jan high at 9856 1/2. The next downside target lies at the Sep/Dec UTL (9820-9821 1/2). SYMBOL=EDU SEP.04...

T-Bond & T-Note (10-yr.).(Financial Markets)
April 16, 2004... June T-Bonds have violated horizontal support at their late-Jan low of 108-20. CC back above targets resistance at the violated Aug/Jan UTL (11025/110-31). The next downside target lies at the Jan low of 105-27. June T-Notes are probing support...

Copper.(Financial Markets)
April 16, 2004... May has violated closing support at its Mar gap of 1.2930. The next downside target lies at the Feb gap of 1.2470. CC below there targets the previous Feb gap at 1.2080. Closing resistance lies at 1.3010, which is the top of the filled Mar gap....

Gold.(Financial Markets)
April 16, 2004... June is probing support at its Jul/Mar UTL (397.90-399.10). CC below targets the Mar low at 389.00. CC below there targets the Oct low at 369.50. Closing resistance starts at the Apr gap of 405.50. Momentum indicators are bearish and O.I. is...

Silver.(Financial Markets)
April 16, 2004... May fell off a table and is probing support at its Feb UTL (7.0450-7.1250). CC below targets the late-Feb low at 6.3100. Closing support below there lies at the filled Dec gap of 6.0400. Resistance lies at the Apr gap of 7.3500. Momentum...

Energy complex.(Financial Markets)
April 16, 2004... June Crude Oil is trading just below monthly resistance at 37.95 (3/03). Daily CC above targets monthly resistance at 39.99 (2/03). Initial support is now the bottom of the filled Mar gap at 35.60. CC below targets support at the Nov/Feb UTL...

S&P 500 Index.(Financial Markets)
April 16, 2004... June is testing its Jan reaction low at 1120.90. CC below targets weekly support at the 8/03-9/03 UTL, crossing near 1082 next week. Upside targets lie at the contract high of 1162.30, followed by monthly resistance between 1170.80 and 1178.50....

Dow Jones 30 industrial (cash).(Financial Markets)
April 16, 2004... DOW JONES 30 INDUSTRIAL (CASH) Each Horizontal Line = 50 Points Date Open High Low Close 04/12/04 10442 10526 1/4 10442 10515 1/2 04/13/04 10516 10552 1/2 10362 10381...

Jul. 04 platinum (NYMEX).(Financial Markets)
April 16, 2004... SYMBOL=PLN JUL.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 Cents(.10) FND: 7-1-04 LTD: 7-27-04 OPTIONS EXPIRE: 6-16-04 High Low 04/12/04 12/29/03 93800 80010 ...

Traders' commitments as of April 12, 2004.
April 16, 2004... In observance of Good Friday, we will be releasing the next COT report on Monday, April 12, 2004 by 9:30 AM central time. Traders' Commitments as of April 12, 2004 NON-COMMERCIAL (LARGE SPECULATORS) ...

Weekly/monthly data.
April 16, 2004... Listed below is the data to update your weekly and monthly charts. When plotting weekly charts the lead contract is used until the week of expiration. When plotting the week of the changeover, combine the price range of the lead contract...

Currencies.(Financial Markets)
April 23, 2004... The June British Pound has violated support at its Jan low of 1.7638. The next downside target is some weekly support at 1.7242 (12/03). Note the neckline (1.7865-1.7880) of a Jan/Apr H&S top has been violated on decent volume. The breakout...

Eurodollar.(Financial Markets)
April 23, 2004... September is making its way down to support at the Sep/Dec UTL (9824-9825 1/4). CC below targets the interest-rate-significant 9800 level. CC below there targets closing support at 9775. Initial resistance now ties at the Apr DTL (9838-9830...

T-Bond & T-Note (10-yr.).(Financial Markets)
April 23, 2004... June T-Bonds have recently violated horizontal support at their late-Jan low of 108-20 which is now closing resistance. The next downside target lies at the Jan low of 105-27. CC below there targets weekly horizontal support at 103-27 (8/03)....

Copper.(Financial Markets)
April 23, 2004... July gapped down big-time and is nearing closing support at its Feb gap of 1.1920. CC below targets some horizontal support at 1.1490. CC above initial resistance at 1.2610 targets the Apr gap at 1.3010. Momentum indicators are bearish,...

Gold.(Financial Markets)
April 23, 2004... June has violated support at its Jul/Mar UTL (399.40-400.80) and is near horizontal support at its Mar low of 389.00. CC below there targets the Oct low at 369.50. CC above the Apr gap at 396.30 targets resistance at the said UTL. Momentum...

Silver.(Financial Markets)
April 23, 2004... July got completely hammered as it violated support at its Oct/Nov UTL (6.2450-6.2850), which is now closing resistance, and is attempting to post CC below its filled Dec gap of 6.0500. If accomplished, the Dec gap at 5.8200 is the next...

Energy Complex.(Financial Markets)
April 23, 2004... June Crude Oil is trading just below monthly resistance at 37.95 (3/03). Daily CC above targets monthly resistance at 39.99 (2/03). Initial support remains the bottom of the filled Mar gap at 35.60. CC below targets support at the Nov/Feb UTL...

S&P 500 Index.(Financial Markets)
April 23, 2004... June is probing closing support at its Jan reaction low of 1020.90. CC below targets weekly support at the 8/03-9/03 UTL, crossing near 1083 next week. CC above the contract high at 1162.30 targets monthly resistance between 1170.80, which is...

Dow Jones 30 industrials (CASH).
April 23, 2004... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points [GRAPHIC OMITTED] 14-DAY RELATIVE STRENGTH INDEX (As of Friday) Up Avg 33.045 Down Avg 27.419 Date Open High Low ...

NASDAQ 100.
April 23, 2004... NASDAQ 100 WEEKLY FUTURES [GRAPHIC OMITTED] Long Chg Short Chg Net LargeSpecs 17700 1266 24963 1179 -7263 Commercial 54144 -718 34432 -330 19712 SmallSpecs ...

Jul. 04 platinum (NYMEX).
April 23, 2004... SYMBOL=PLN JUN.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 cents(.10) FND: 7-1-04 LTD: 7-27-04 OPTIONS EXPIRE: 6-16-04 High Low 04/12/04 12/29/03 ...

Jun. 04 palladium (NYMEX).
April 23, 2004... SYMBOL=PAM JUN.04 PALLADIUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Pt. = $1.00 Minimum Move: 5 Pts. FND: 6-1-04 LTD: 6-25-04 OPTIONS EXPIRE: N/A High Low 04/12/04 04/29/03 34470 ...

May .04 lumber (CME).
April 23, 2004... SYMBOL=LBK MAY.04 LUMBER (CME) Each Horizontal Line = 5 Dollars $1 = $110 Minimum Move: 10 Cents FND: 5-17-04 LTD: 5-14-04 OPTIONS EXPIRE: 4-30-04 High Low 04/16/04 07/23/04 42130 ...

Trader's commitments as of April 20, 2004.
April 23, 2004... If you are interested in recieving this report via fax or e-mail after it's released by the CFTC, call us TOLL-FREE at 1-800-221-4352. Trader's Commitments as of April 20, 2004 NON-COMMERCIAL (LARGE...

Weekly/monthly data.
April 23, 2004... Listed below is the data to update your weekly and monthly charts. When plotting weekly charts, the lead contract is used until the week of expiration. When plotting the week of the changeover, combine the price range of the lead contract...

Cattle.(Agricultural Markets)
April 30, 2004... August Feeder Cattle set contract highs as monthly resistance at .9807, which is the .618 retracement level of the '03/'04 decline, is approached (basis May). If May can post Daily CC above there its next upside target lies at the .764...

Lean hogs.(Agricultural Markets)
April 30, 2004... June are challenging horizontal closing resistance at .7280. CC above targets horizontal monthly resistance at .7470 (7/01). Resistance above there lies at the contract high of .7647. CC below support at the Dec/Feb UTL (.6935-.6984) targets...

Corn.(Agricultural Markets)
April 30, 2004... July turned up from support at its Jan/Feb UTL (3.07 1/4-3.09 1/4) drawn off the 1/12 low and is attempting to post CC above its filled Apr gap at 3.17. If accomplished, the previous Apr gap at 3.29, followed by the contract high at 3.42 are...

Oats.(Agricultural Markets)
April 30, 2004... July has violated its Apr gap at 1.78 3/4 making the contract high at 1.87 its next upside target. Monthly resistance lies at 1.90 1/2 (4/03). CC below the filled Apr gap at 1.74 1/4 targets the Apr low at 1.63 3/4. SYMBOL=ON JUL.04...

Soybean complex.(Agricultural Markets)
April 30, 2004... July Soybeans have posted CC above the 9.77 level making closing resistance at the filled Apr gap of 10.21 their next upside target. Monthly resistance (closing) lies at 10.59 1/2 (basis May). Initial support for July is now the Apr gap at 9.63...

Wheat (Chgo).(Agricultural Markets)
April 30, 2004... July is probing support at its Oct/Mar UTL (3.79 1/4-3.81). CC below targets the Mar low at 3.64. CC below there targets horizontal support at the Aug high of 3.46. Resistance lies at the Apr DTL (4.07 1/4-4.02 3/4) followed by the Apr gap at...

Cotton.(Agricultural Markets)
April 30, 2004... July is testing support between the 6/03 gap at .5878 and the 6/03 low at .5805. CC below the .5805 level will lead to a test of the contract low at .5540. Monthly support lies at .5650 (basis May), which is the .50 retracement level of the...

Sugar.(Agricultural Markets)
April 30, 2004... July posted a huge outside day down as resistance at its contract high of 725 was probed. CC above will lead to a test of weekly resistance between 790 and 805. Support lies at the Feb/Mar UTL (667-675). CC below targets horizontal support at...

Coffee.(Agricultural Markets)
April 30, 2004... July is probing closing support at its filled Oct gap of .7030. CC below targets the Dec gap at .6605. CC below there targets the contract low at .6370. CC above initial resistance at the Mar/Apr DTL (.7107-.6985) targets the possible Apr gap...