Commodity Price Charts articles from August 2003

Commodity Price Charts archives from August 2003

Cattle.(Agricultural Markets)(Illustration)
August 1, 2003... August Feeder Cattle are near monthly, resistance at .9145. Daily CC above will open the door for a run to monthly resistance at .9515 (4/79). CC below former resistance at. 8849 will target the Mar/May uptrend line (.8514-.8539). October Live...

Lean hogs.(Agricultural Markets)(Illustration)
August 1, 2003... October has recently violated horizontal support at .5440, which is now closing resistance. The next downside target lies at the contract low of .4905. CC below there will call for additional downside and target weekly support at .5495 (basis...

Corn.(Agricultural Markets)(Illustration)
August 1, 2003... December is trading just above its contract low as weekly support between the 5/02 gap at 2.03 1/4 and the 8/00:-5/02 uptrend line near 2.02 3/4 is approached (basis Sep): If Sep manages to post CC below these levels, horizontal weekly support...

Oats.(Agricultural Markets)(Illustration)
August 1, 2003... September is attempting to post CC above its Feb./May downtrend line (1.39-1.37 1/2). If accomplished, the May high at 1.56 1/2 is the next upside target. CC above there targets the contract high at 1.75. Support lies at the filled Jul gap of...

Soybean complex.(Agricultural Markets)(Illustration)
August 1, 2003... November Soybeans are near horizontal support at their Mar low of 5.07 1/4. Support below there lies at the Oct low of 4.97. Weekly support lies horizontally at 5.22 (basis Aug). Resistance is the Jun downtrend line (5.26 3/4-5.20). CC above...

Wheat.(Agricultural Markets)(Illustration)
August 1, 2003... September has violated horizontal closing resistance at 3.47 making Sep's gap. at 3.70 its next upside target. Resistance above there lies at the contract high of 3.82 followed by psychological resistance at 4.00. Initial support lies at the...

Cotton.(Agricultural Markets)(Illustration)
August 1, 2003... December has posted CC below its Jun gap at .5930 suggesting a move down to its Jun gap at .5650. CC below there will open the floor for run down t9 this year's low at .5258. Initial resistance is now the Jul gap at .5936. CC above targets...

Sugar.(Agricultural Markets)(Illustration)
August 1, 2003... October has finally violated resistance at its Feb/Apr downtrend line (.9.700-.0697) suggesting a move up to Apr's high at .0757. CC above there will lead to a test of the contract high at .0795, which is near weekly resistance at .0790....

Coffee.(Agricultural Markets)(Illustration)
August 1, 2003... September continues to challenge closing resistance at .6365. CC above bodes well for a move up to the Dec/May downtrend line (.6845-.6827). CC above there targets the May high at .7230. Initial support is now the Jul gap at .6150 with CC below...

Cocoa.(Agricultural Markets)(Illustration)
August 1, 2003... September has downside support at the 6/02 minor low of 1400. CC below opens the door for a move down towards the 2/02 gap at 1207. Resistance now lies at the Feb/Jul downtrend line (1562-15.39). CC above targets horizontal weekly resistance...

Currencies.(Financial Markets)(Illustration)
August 1, 2003... The September British Pound has overhead resistance at its Jun/Jul downtrend line (1.6420-1.6376). CC above targets horizontal resistance at 1.6666. CC below support at the filled Apr gap of 1.5798 will lead to a test of weekly support at...

Eurodollar.(Financial Markets)(Illustration)
August 1, 2003... December's down move seems to have finally kicked in. The next downside target lies at the interest rate significant 9850 level. Initial resistance is now horizontal at 9880 1/2. CC above targets horizontal closing resistance at 9893. Momentum...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
August 1, 2003... September T-Bonds have blown through weekly support at 107-02 and are challenging their contract low at 105-03. CC below targets monthly support at 102-01 which is the .618 retracement level of the '00/'03 rally. Momentum indicators are way...

Copper.(Financial Markets)(Illustration)
August 1, 2003... September is attempting to post CC above its former contract high at .8100. If accomplished, monthly resistance at .8583 which is the .764 retracement level of the '00/ '01 decline, is the next upside target. Initial support is now the steep...

Gold.(Financial Markets)(Illustration)
August 1, 2003... December is falling after not even coming close to its next upside tar target at May's high of 376.00. CC above Tuesday's gap at 362.80 will put the 376.00 level back on the radar screen. CC below initial support at the Jul gap of 354.70...

Silver.(Financial Markets)(Illustration)
August 1, 2003... September has closing resistance at its former contract high of 5.2220. CC above bodes well for a test of weekly resistance at 5.6000. Support lies at the former contract high of 4.9900. CC below will lead to a test of the Jun uptrend line...

Energy complex.(Financial Markets)(Illustration)
August 1, 2003... September Crude Oil came off support at the May/Jun uptrend line and are challenging their contract high at 31.57. CC above will signal a test of monthly resistance at 32.70. Resistance above there lies at 35.84. Support is now the May/Jul...

S&P 500 index.(Financial Markets)(Illustration)
August 1, 2003... September has recently turned down from resistance at its Jun high of 1015.60 and is heading towards support at the Jul low of 960.50. CC below will call for a test of the mid-May low at 913.50. I don't see stocks, or the "fragile" economy...

Traders' commitments as of July 29, 2003.(Illustration)
August 1, 2003... Trader's Commitments as of July 29, 2003 If you are interested in receiving this report, via fax or e-mail, after it's released by the CFTC, call us TOLL-FREE at 1-800-221-4352. NON-COMMERCIAL (LARGE...

Weekly/monthly data.(pricing data for a variety of commodities)(Illustration)
August 1, 2003... WEEKLY/MONTHLY DATA Listed below is the data to update your weekly and monthly charts. Week ending 7/25/03 COMMODITY HIGH LOW CLOSE Live Cattle ...

Cattle.(Agricultural Markets)(Illustration)
August 8, 2003... October Feeder Cattle set a contract high as monthly resistance at .9115 is being challenged (basis Aug). Daily CC above (Aug) opens the door for a run up to monthly resistance at .9515. CC below .8965 targets toe Mar/May uptrend line...

Lean hogs.(Agricultural Market)(Illustration)
August 8, 2003... Lean Hogs October has horizontal resistance at violated support of .5440. CC above targets minor closing resistance at .5615. Downside support lies at the contract low of .4905 followed by weekly support at .4800. SYMBOL=LHV OCT. 03...

Corn.(Agricultural Markets)(Illustration)
August 8, 2003... December is attempting to post CC above resistance at its Jul gap of 2.20 after the market approached weekly/support at 2.03 1/4 (basis Sep). If accomplished, the May/Jun downtrend line (2.36 3/4-2.35 1/4) is the next upside target. CC above...

Oats.(Agricultural Markets)(Illustration)
August 8, 2003... December filled but will need CC below its Jul gap at 1.35 to signal a test of the contract low at 1.24 1/2. CC back above the Feb/May downtrend line (1.40 1/2-1.39 3/4) targets the May high at 1.51 1/2. Resistance anode there lies at the...

Soybean complex.(Agricultural Markets)(Illustration)
August 8, 2003... Soybean Complex November Soybeans are holding above support at the Mar low of 5.07 1/4. Support below there lies at Oct's low of 4.97. Resistance Is the Jun downtrend line (5.19 1/4-5.12 1/2). CC above targets the late Jul high at 5.27 1/2...

Wheat.(Agricultural Markets)(Illustration)
August 8, 2003... September is making its way up to resistance at the Sep gap of 3.70. Resistance above there lies at the contract high of 3.82 followed by psychological resistance at 4.00. Initial support is the Jul uptrend line (3.41 1/4-3.46 3/4). CC below...

Cotton.(Agricultural Markets)(Illustration)
August 8, 2003... December has recently violated support at its Jun gap of .5930 making the previous Jun gap at .5650 its next downside target. CC below there will target this year's low at .5258. Initial resistance ties at the steep Jut downtrend fine...

Sugar.(Agricultural Markets)(Illustration)
August 8, 2003... October has turned down and heading towards horizontal support at the Jul gap of .0656 after failing to nit its next upside target at the Apr high of .0757. If accomplished, me Nov low at .0574 (be aware possible support at this year s low of...

Coffee.(Agricultural Markets)(Illustration)
August 8, 2003... September has support at its Jul gap of.6150. CC opens the door for a test of the contract low at .5730. Horizontal resistance at .6365 has recently been violated suggesting a move up to resistance at me Dec/May downtrend line (.6825-.6803). CC...

Cocoa.(Agricultural Markets)(Illustration)
August 8, 2003... December has resistance at its Feb/Jul downtrend line (1497-1474). CC above targets the Jul high at 1650. Downside support lies horizontally at the 6/02 minor low of 1393. CC below opens the door a move down to the 4/02 low at 1235. Note the...

Currencies.(Financial Markets)(Illustration)
August 8, 2003... The September British Pound has overhead resistance at its Jun/Jul downtrend line (1.6363-1.6323). CC above targets horizontal resistance at 1.6666. CC below support at the filled Apr gap of 1.5798 will lead to a test of weekly support at...

Eurodollar.(Financial Markets)(Illustration)
August 8, 2003... December has horizontal resistance at 9880 1/2 with CC above targeting closing resistance at 9893. The next downside target lies at the interest rate significant 9850 level. Rates are not expected to be lowered on Tuesday (8/12) which should...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
August 8, 2003... September T-Bonds have come strongly off closing support at their former contract low of 105-02 and are poised to test resistance at the steep Jun downtrend line (110-30/109-24). CC above targets horizontal resistance at 114-15. September...

Copper.(Financial Markets)(Illustration)
August 8, 2003... September has recently posted CC above its former contract high at .8100 suggesting a move up to monthly resistance at .8583, which is the .764 retracement level of the '00/'01 decline. CC above the Aug gap at .8140 will bolster this scenario....

Gold.(Financial Markets)(Illustration)
August 8, 2003... December has violated Jul gap support at 354.70 making the Jul low at 342.50 its next downside target. CC below there targets the Apr low at 321.30. Resistance starts at the top of the mentioned gap at 355.70 followed by the Jul gap at 362.80...

Silver.(Financial Markets)(Illustration)
August 8, 2003... September seems to have violated horizontal support at its former contract high of 4.9900 making the Jun/Jul uptrend line (4.7670-4.8000) its next downside target. Initial resistance lies at the Aug gap of 5.0600. CC above targets closing...

Energy complex.(Financial Markets)(Illustration)
August 8, 2003... September Crude Oil is challenging weekly resistance at 32.70. Daily CC above targets the 11/00 weekly high at 35.84. Support lies at the May/Jul uptrend line (30.10-30.37). CC below bodes well for a fill of the May gap at 27.80. Momentum...

S&P 500 index.(Financial Markets)(Illustration)
August 8, 2003... September attempted but was unable to post CC below its Jul low at 960.50. If accomplished, the mid-May low at 913.50 is the next downside target. CC below there targets the Apr low at 845.00. Resistance is horizontal at the Jun high of...

Trader's commitments as of August 5, 2003.(Illustration)
August 8, 2003... If you are interested in receiving 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 August 5, 2003 NON-COMMERCIAL (LARGE...

Weekly/monthly data.(Illustration)
August 8, 2003... 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)(Illustration)
August 15, 2003... The September British pound is trading between support at the filled Apr gap of 1.5798 and resistance at its Jun/Jul downtrend line (1.6307-1.6264). CC outside this range targets either weekly support at 1.5390 or horizontal resistance at...

Eurodollar.(Financial Markets)(Illustration)
August 15, 2003... December is challenging initial resistance at 9880 1/2. CC above targets closing resistance at 9893. The next downside target lies at the interest rate significant 9850 level. It looks like the FOMC's next move will 5e to raise rates, although...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
August 15, 2003... September T-Bonds have violated support at their former contract low of 105-02. The next, downside target is monthly support at 102-01, which is the .618 retracement level of the '00/'03 rally. Resistance lies at the steep Jun downtrend line...

Copper.(Financial Markets)(Illustration)
August 15, 2003... September appears to have violated initial support at its steep Jul uptrend line (.7987-.8048) after failing to post CC above the Aug gap at .8140 which would have led to a test of monthly resistance at .8583. The next downside target is the...

Gold.(Financial Markets)(Illustration)
August 15, 2003... December has violated resistance at its Jul gap of 362.80 suggesting a move up to its May high at 376.00. CC above there calls for a test of the contract high at 387.50. CC back below the 354.70 level targets the Jul low at 342.50. ...

Silver.(Financial Markets)(Illustration)
August 15, 2003... September filled but will need CC above its Aug gap at 5.9600 to greatly increase the chance for a move up to closing resistance at its former contract high of 5.2200. Support lies at the Jun/Jul uptrend line (4.8120-4.8420) followed by the Jul...

Energy complex.(Financial Markets)(Illustration)
August 15, 2003... October Crude Oil is challenging support at its Apr/Jul uptrend line (30.13-30.37) after the market failed to take out weekly resistance at 32.70 (basis Sep). CC below will lead to a test of May gap at 27.30. CC below there targets this year's...

S&P 500 index.(Financial Markets)(Illustration)
August 15, 2003... September has established resistance at the small Jul/Aug downtrend line (994.30-991.80). Resistance above there is the Jun high at 1015.60. CC above will target the 1075.60 level, which is the .382 retracement level of the '00/'02 decline....

Trader's commitments as of August 12, 2003.(various commodities)(Illustration)
August 15, 2003... If you are interested in receiving 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 August 12, 2003 NON-COMMERCIAL (LARGE...

Weekly/monthly data: listed below is the data to update your weekly and monthly charts.(various commodities)(Illustration)
August 15, 2003... 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 with the price range of the next contract, and use the higher of the two...

Cattle.(Agricultural Markets)(Illustration)
August 22, 2003... October Feeder Cattle set contract highs as monthly resistance at .9515 is being challenged (basis Aug). If Aug can post daily CC above, the market should trade higher with an upside target being psychological resistance at 1.0000 (basis Aug)....

Lean hogs.(Agricultural Markets)(Illustration)
August 22, 2003... October will need CC above the .5440 level to suggest higher prices and a test of minor resistance at .5615. Resistance above there lies at the contract high of .5960. Downside support lies at the contract low of .4905 followed by weekly...

Corn.(Agricultural Markets)(Illustration)
August 22, 2003... December is attempting to post CC above its May/Jun downtrend line (2.33-2.32). If accomplished, the next upside target lies between the May gap at 2.49 1/2 and this year's high at 2.53. Support is the Aug gap at 2.29 1/2 with CC below...

Oats.(Agricultural Markets)(Illustration)
August 22, 2003... December has formed a Jul/Aug symmetrical triangle. Resistance is the upper boundary (1.44 1/2-1.43 1/4). Support lies at the lower boundary (1.38 1/4-1.39 1/2). A close above or below those parameters, preferably on good volume, projects a 16...

Soybean complex.(Agricultural Markets)(Illustration)
August 22, 2003... November Soybeans probed, but will need CC above this year's former high at 5.88 to greatly increase the chance for a move up to weekly resistance at the 5/03-6/03 downtrend line, crossing near 6.24 next week (basis Sep). CC below the Aug gap...

Wheat.(Agricultural Markets)(Illustration)
August 22, 2003... December has formed a potential island reversal after approaching psychological resistance at 4.00. The Aug gap at 3.79 has also been violated suggesting a move down to the Jul uptrend line (3.62 1/4-3.68). CC below there will lead to a test of...

Cotton.(Agricultural Markets)(Illustration)
August 22, 2003... December reversed and gapped higher to violate initial resistance at its steep Jul downtrend line (.5646-.5553). The next upside target lies at the Jul gap of .5936. CC above there targets the contract high at .6310. Support is now the Aug gap...

Sugar.(Agricultural Markets)(Illustration)
August 22, 2003... October is attempting to post CC below its filled Jul gap at .0656. If accomplished, a move down to this year's low at .0602 is a good possibility. Support below there is last Nov's low at .0574. Resistance is horizontal at .0686. CC above...

Coffee.(Agricultural Markets)(Illustration)
August 22, 2003... December has support at this year's low of .6100. CC below targets the contract low at .5935. CC above initial resistance at the Aug gap of .6610 targets the Jan/May downtrend line (.6988-.6966). Keep watch for a bullish divergence and possible...

Cocoa.(Agricultural Markets)(Illustration)
August 22, 2003... December has recently violated resistance at its Feb/Jul downtrend line and is heading towards horizontal resistance at 1650. CC above targets horizontal resistance at 1754. Weekly resistance is horizontal near 1700 (basis Sep). Support is now...

Orange juice.(Agricultural Markets)(Brief Article)(Illustration)
August 22, 2003... SYMBOL=OJX NOV. 03 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 11-3-03 LTD: 11-6-03 OPTIONS EXPIRE: 10-17-03 High Low 09/17/02 08/18/03 11125 ...

Currencies.(Financial Markets)(includes exchange rates for numerous currencies)
August 22, 2003... The September British Pound is attempting to post CC below its filled Apr gap at 1.5798. If accomplished, horizontal weekly support at 1.5390 is the next downside target. Initial resistance is now the Jul/Aug downtrend line (1.6022-1.5974). CC...

Eurodollar.(Financial Markets)(Illustration)
August 22, 2003... March is riding resistance at its Jun/Jul downtrend line (9857 3/4-9854 1/4) into horizontal support at the Apr gap of 9826. CC below there will target the Mar low at 9790. CC above the said downtrend line targets horizontal resistance at 9881...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
August 22, 2003... December T-Bonds have resistance at their Jun downtrend line (106-30/105-26). CC above targets the Jul gap at 108-00. CC below the former contract low at 102-26 will take the market lower and target monthly support at 102-01 (basis Sep), which...

Copper.(Financial Markets)(Illustration)
August 22, 2003... December appears heading for its contract high at .8260. CC above will target monthly resistance at .8583 (basis Sep). Support for Dec now lies at the Aug gap of .8025 with CC below targeting the May/Jul uptrend line (.7784-.7813). The COT...

Gold.(Financial Markets)(Illustration)
August 22, 2003... December has turned down again after a surprisingly strong showing from the U.S. Dollar. Initial closing support lies at 361.00. CC below targets the filled Jul gap at 354.70. Support below there is the Jul low at 342.50. Resistance lies at the...

Silver.(Financial Markets)(Illustration)
August 22, 2003... December has resistance at its Aug gap of 5.0800. CC above targets this year's high at 5.2350. Support lies at the Jun/Jul uptrend line (4.8720-4.9080). CC below targets the Jul reaction low at 4.6500. Momentum indicators are bearish and hint...

Energy complex.(Financial Markets)
August 22, 2003... October Crude Oil has come off support at its Apr/Jul uptrend line (30.37-30.68) and is challenging weekly resistance at 32.70. Daily CC above bodes well low a move up to the 35.84 level. CC below the said uptrend line will target Jul's...

S&P 500 index.(Financial Markets)(Illustration)
August 22, 2003... September has violated resistance at its Jul downtrend line (990.40-987.20) and is challenging its Jun high of 1015.60. CC above targets monthly resistance at 1075.60 which is the .382 retracement level of the '00/'02 decline. CC back below the...

Traders' commitments as of August 19, 2003.(Illustration)
August 22, 2003... NON-COMMERCIAL (LARGE SPECULATORS) If you are interested in receiving this report, via fax or e-mail, after it's released by the CFTC, call us TOLL-FREE at 1-800-221-4352. ...

Weekly/monthly data.(Illustration)
August 22, 2003... WEEKLY/MONTHLY DATA Listed below is the data to update your weekly and monthly chart. Week ending 8/15/03 COMMODITY HIGH LOW CLOSE Live Cattle 7825 ...

Cattle.(Agricultural Markets)(Illustration)
August 29, 2003... October Feeder Cattle are challenging monthly resistance at .9515. Daily CC above targets psychological resistance at 1.0000. Initial support lies at the Aug gap of .9175. CC below targets the Mar/May uptrend line (.8817-.8848). October Live...

Lean hogs.(Agricultural Markets)(Illustration)
August 29, 2003... October are probing horizontal resistance at .5440. CC above targets minor resistance at .5615. CC above there will lead to a test of the contract high at .5960. Support below the .5440 level lies at the slight Aug uptrend line (.5135-.5147)....

Corn.(Agricultural Markets)(Illustration)
August 29, 2003... December has violated resistance at its May/Jun downtrend line and is poised to test the next upside target which lies between the May gap at 2.49 1/2 and this year's high at 2.53. CC above there targets the contract high at 2.69. Support is...

Oats.(Agricultural Markets)(Illustration)
August 29, 2003... December is trading within its Jul/Aug symmetrical triangle right into the apex, which basically nullifies the pattern. CC below support at the elicit Jul gap. at 1.35 bodes well for a move down to the contract low at 1.24 1/2. Resistance is...

Soybean complex.(Agricultural Markets)(Illustration)
August 29, 2003... November Soybeans are attempting to post CC above closing resistance at this year's former high of 5.88. If accomplished weekly resistance at the 5/03-6/03 downtrend line, crossing near 6.20 next week (basis Sep) is the next upside target. CC...

Wheat.(Agricultural Markets)(Illustration)
August 29, 2003... December is challenging support at its Jul uptrend line (3.69-3.74 3/4) after displaying a possible island reversal pattern. CC below w ill lead to a test of the Apr/Jun uptrend line (3.31-3.32 1/2). CC above horizontal resistance at 3.80 will...

Cotton.(Agricultural Markets)(Illustration)
August 29, 2003... December has recently gapped above resistance at its steep Jul downtrend line making the Jul gap at .5936 its next upside target. CC above there will lead to a test of the contract high at .6310. Support lies at the Aug gap of .5675. CC below...

Sugar.(Agricultural Markets)(Illustration)
August 29, 2003... October is attempting to post CC below the .0656 level. If accomplished, this year's low at .0602 is the next downside target. Support below there is the Nov low of .0574. CC above resistance at .0686 targets the Jul gap at .0724. Funds...

Coffee.(Agricultural Markets)(Illustration)
August 29, 2003... December has support at this year's low of .6100. CC below targets the contract low at .5935. CC above initial resistance at the Aug gap of .6610 targets the Jan/May downtrend line (.6960-.6937). Keep watch for a bullish divergence and possible...

Cocoa.(Agricultural Markets)(Illustration)
August 29, 2003... December is probing horizontal resistance at 1754. CC above will target at least the May gap a 1850 and possibly the Apt high at 1922. CC back below support at the Jul high of 1645 will lead to a test of the Aug uptrend line (1512-1532). The...

Feb. 04 Pork bellies (CME).(Illustration)
August 29, 2003... SYMBOL=PBG FEB. 04 PORK BELLIES (CME) Each Horizontal Line = 50 Points 1 Pt. = $4.00 Minimum Move: 2.5 pts. FND: 2-9-04 LTD: 2-24-04 OPTIONS EXPIRE: 2-6-04 High Low 08/25/03 08/05/03 8605...

Nov. 03 frozen orange juice (NYCE).(Illustration)
August 29, 2003... SYMBOL=OJX NOV. 03 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 11-3-03 LTD: 11-6-03 OPTIONS EXPIRE: 10-17-03 High Low 09/17/02 08/28/03...

Currencies.(Financial Markets)(Illustration)
August 29, 2003... The September British Pound has recently violated support at its filled Apr gap of 1.5798 making weekly support at 1.5390 its next downside target. Initial resistance lies at the Jul downtrend line (1.5953-1.5900) with CC above targeting the...