Commodity Price Charts articles from May 2005

Commodity Price Charts archives from May 2005

Cattle.(AGRICULTURAL MARKETS)
May 6, 2005... May Feeder Cattle are challenging monthly resistance at 1.1017 (10/03). Daily. CC above opens the door for a possible move up to monthly resistance at 1.1530 (9/04). Initial support lies at the Apr gap of 1.0725 along with the Mar/Apt UTL...

Lean hogs.(AGRICULTURAL MARKETS)
May 6, 2005... June have violated initial resistance at their Apr DTL (.7575-.7480) after coming of closing support at their Dec gap of.7430. The next upside objective lies between the Jan high of .7940 and monthly resistance at .7980 (7/04). Daily CC above...

Corn.(AGRICULTURAL MARKETS)
May 6, 2005... July has violated support at its contract low of 2.09 and the market has also violated weekly gap support at 2.01 3/4 (basis May, 2/05). The market's next downside objective is monthly support at 1.91 (basis May, 12/04). Support below there is...

Oats.(AGRICULTURAL MARKETS)
May 6, 2005... July registered contract lows at the market has violated weekly support at 1.36 1/4, (basis May, 10/04). The market's next downside objective is monthly support at 1.20 1/2 basis May, 7/04). Initial resistance for Jul lies at its Apr gap of...

Soybean complex.(AGRICULTURAL MARKETS)
May 6, 2005... July Soybeans have violated support at the 6.27 level, which makes the Feb gap at 6.10 their next downside objective. CC below there will lead to a test of horizontal support at the Nov high of 5.78. Note weekly support lies at the 2/05 gap of...

Wheat (Chgo).(AGRICULTURAL MARKETS)
May 6, 2005... July has violated support at its Apr gap of 3.21 1/2, which makes closing support at the filled Feb gap of 3.12 the next downside target. CC below there targets the contract low at 3.02 1/4. CC below there opens the door for a run down to...

Cotton.(AGRICULTURAL MARKETS)
May 6, 2005... July has violated support at its Feb/Apr UTL (.5513-.5574) after failing to reach its next upside target at the 6/04 gap of .5685. The next downside objective lies between the Mar low at .3050 and the Jan high at .5050. CC below those levels...

Sugar.(AGRICULTURAL MARKETS)
May 6, 2005... July is attempting to post CC below support at its Apr UTL (849-858) after probing horizontal closing resistance at its Dec low of 868. CC above targets the Mar gap at 919. If accomplished, the Aug low at 795 is the next downside objective. CC...

Coffee.(AGRICULTURAL MARKETS)
May 6, 2005... July has turned back down after violating resistance at its Mar gap of 1.3210, which should have lead to a move up to the contract high at 1.4175. The bottom of the said Mar gap at 1.3090 has been violated, which sets up a test of closing...

Cocoa.(AGRICULTURAL MARKETS)
May 6, 2005... July has recently violated support at its Jan gap of 1487, which makes the Oct low at 1436 its next downside objective. Support below there lies at the contract low of 1375. CC above the Apr gap at 1537 targets the 2/7 high at 1633. Funds...

Pork bellies.(AGRICULTURAL MARKETS)
May 6, 2005... SYMBOL=PBN JUL.05 PORK BELLIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 Pts. FND: 7-5-05 LTD: 7-26-05 OPTIONS EXPIRE: 7-1-05 High Low 11/08/04 04/25/05 10375 ...

Canola.(AGRICULTURAL MARKETS)
May 6, 2005... SYMBOL=RSN JUL.05 CANOLA (WCE) Each Horizontal Line = 5 C$ C$1 =C$20 Minimum Move: C10 cents FND: 6-30-05 LTD: 7-14-05 OPTIONS EXPIRE: 6-17-05 High Low 05/04/04 02/09/05 41500 24870 ...

Orange juice.(AGRICULTURAL MARKETS)
May 6, 2005... SYMBOL=OJN JUL.05 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 7-1-05 LTD: 7-11-05 OPTIONS EXPIRE: 6-17-05 High Low 03/18/05 05/26/04 ...

Rice.(AGRICULTURAL MARKETS)
May 6, 2005... SYMBOL=NRN JUL.05 ROUGH RICE (CBOT) Each Horizontal Line = 10 Points .005 = $10.00 Minimum Move: .005 FND: 6-30-05 LTD: 7-20-05 OPTIONS EXPIRE: 6-24-05 High Low 08/30/04 02/25/05 86500 ...

Currencies.(FINANCIAL MARKETS)
May 6, 2005... The June British Pound is challenging its Mar/Apr UTL (1.8832-1.8868). CC below makes it initial resistance and targets the filled Feb gap at 1.8584. CC below there targets horizontal closing support at the Jul high of 1.8239. Resistance above...

Eurodollar.(FINANCIAL MARKETS)
May 6, 2005... September is heading up to its next upside target, which is the mid-Jan high of 9641. CC above targets horizontal closing resistance at 9658. CC below support at the Mar UTL (9619 1/4-9623 1/4) targets horizontal support at the 6/04 low of 9594...

T-Bond & T-Note (10-yr.).(FINANCIAL MARKETS)
May 6, 2005... June T-Bonds probed support at their Mar UTL (114-03/ 114-24) after the Treasury "surprised" the market Wednesday by announcing that they will likely, be reintroducing the sale of 30-year bonds in response to massive Federal budget deficits...

Copper.(FINANCIAL MARKETS)
May 6, 2005... July is challenging horizontal support at its Jan high of 1.4000. CC below targets the Feb gap at 1.3790 followed by the Feb low at 1.3250. Initial resistance now lies at the Apr DTE (1.4595-1.4460). CC above targets closing resistance at the...

Gold.(FINANCIAL MARKETS)
May 6, 2005... June has turned down after probing resistance at its Mar gap of 438.50. CC above targets the late-Dec high at 451.70. The bottom of the Mar gap at 431.00 has been violated, which suggests a move down to horizontal closing support at the filled...

Silver.(FINANCIAL MARKETS)
May 6, 2005... July is probing support at its Jan/Feb UTL (6.8960-6.9180) followed by its Mar low at 6.8700. CC below those levels targets the Feb gap at 6.6850. CC below there targets the Jan low at 6.4400. Support below there lies at the Sep low of 6.2300....

Energy complex.(FINANCIAL MARKETS)
May 6, 2005... June Crude Oil turned higher after probing its Feb gap at 49.55. CC below targets closing support between the Feb low at 45.75 and the Jan gap at 45.50. CC above resistance at the Apr DTL (53.68-52.73) targets the late-Apr high at 55.90. June...

S&P 500 index.(FINANCIAL MARKETS)
May 6, 2005... June has violated resistance at its Mar/Apr DTL (1163.70-1157.30) as well as weekly resistance at 1164.50. The next upside target lies at the Apr high of 1195.70. CC above there targets resistance between 1228.30 and the contract high at...

Dow Jones complex.(FINANCIAL MARKETS)
May 6, 2005... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points 14-DAY RELATIVE STRENGTH INDEX (As of Friday) Up Avg 37.384 Down Avg 35.121 Date Open High Low Close 05/02/05 10192 ...

NASDAQ 100.(FINANCIAL MARKETS)
May 6, 2005... NASDAQ 100 WEEKLY FUTURES Week Open High Low Close 04/08/05 147850 151100 146900 149350 04/15/05 149850 149900 141300 141450 04/22/05 141500 145400 140900 143150 04/29/05 143750...

K.C. mini value line.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=VLM JUN.05 K.C. MINI VALUE LINE - (KCBOT) Each Horizontal Line = 1000 5 pts. = $5 Minimum Move: 5 pts.(.05) FND: Cash Set LTD: 6-16-05 OPTIONS EXPIRE: 6-16-05 High Low 12/29/04 04/28/05 ...

Russell 2000.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=RLM JUN.05 RUSSELL 2000 (CME) Each Horizontal Line = 5 Points 1/20 (.05) = $25 Minimum Move: .1/20 (1pt) FND: Cash Set LTD: 6-16-05 OPTIONS EXPIRE: 6-16-05 High Low 12/29/04 08/12/04 ...

Nikkei.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=NKM JUN.05 NIKKEI (IMM) Each Horizontal Line = 50 Points .05 pt = $25.00 Minimum Move: .05 (5 pts.) FND: Cash Set LTD: 6-9-05 OPTIONS EXPIRE: 6-9-05 High Low 06/30/04 10/25/04 11980 ...

DAX.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=FDAXM JUN.05 DAX (EUREX) Each Horizontal Line = 25 Points 1pt = EU25 Minimum Move: 50pt. FND: Cash Set LTD: 6-17-05 OPTIONS EXPIRE: 6-17-05 High Low 03/07/05 10/25/04 446100 389000...

FTSE 100.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=ZM JUN.05 FTSE 100 (LIFFE) Each Horizontal Line = 25 Points 1pt = $12.50 Minimum Move: 0.5pt. [pounds sterling] FND: Cash Set LTD: 6-17-05 OPTIONS EXPIRE: 6-16-05 High Low ...

CRB index.(FINANCIAL MARKETS)
May 6, 2005... CRB INDEX (CASH) Each Horizontal Line = 250 Points Date Open High Low Close 05/02/05 30400 30425 30099 30289 05/03/05 30284 30289 29969 29969 05/04/05 29970 30116 29949 30097 05/05/05...

GSCI.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=GIM JUN.05 GSCI (IMM) Each Horizontal Line = 250 Points .05 = $12.50 Minimum Move: .05(5 pts.) FND: Cash Set LTD: 6-15-05 OPTIONS EXPIRE: 6-15-05 High Low 04/01/05 05/04/05 39700 ...

FED funds.(FINANCIAL MARKETS)
May 6, 2005... FED FUNDS (CBOT) WEEKLY FUTURES Week Open High Low Close 04/08/05 9722 1/2 9722 1/2 9722 9722 1/2 04/15/05 9722 9722 9721 1/2 9722 04/22/05 9721 1/2 9722 9721 1/2...

Libor.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=EMM JUN.05 LIBOR (IMM) Each Horizontal Line = 2 1/2 Basis Pts .005 = $12.50 Minimum Move: .005 (1/2 pt) FND: Cash Set LTD: 6-13-05 OPTIONS EXPIRE: 6-13-05 High Low 09/16/04 06/28/04 ...

10-yr. Municipal note index.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=MBM JUN.05 10-YR. MUNICIPAL NOTE INDEX (CBOT) Each Horizontal Line = 1/4 Pts(08/32) 1 Pt = $31.25 Minimum Move: 1/32nd FND: Cash Set LTD: 6-21-05 OPTIONS EXPIRE: 6-21-05 High Low 02/09/05 ...

Euroyen.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=EYM JUN.05 EUROYEN (IMM) Each Horizontal Line = 2 1/2 Points .005 = [yen]1,250 Minimum Move: 1/2 Pt. FND: Cash Set LTD: 6-10-05 OPTIONS EXPIRE: 6-10-05 High Low 04/19/04 09/02/03 9992...

Euribor.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=IM JUN.05 EURIBOR (LIFFE) Each Horizontal Line = 5 Pts. .005 = EU 12.50 Minimum Move: .005 FND: Cash Set LTD: 6-13-05 OPTIONS EXPIRE: 6-13-05 High Low 05/03/05 06/23/00 9789 9405 1/2...

Short sterling.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=LM JUN.05 SHORT STERLING (LIFFE) Each Horizontal Line = 5 Points .01 = 12.50 [pounds sterling] Minimum Move: .01 FND: Cash Set LTD: 6-15-05 OPTIONS EXPIRE: 6-15-05 High Low 06/11/03 06/26/00...

Long gilt.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=RM JUN.05 LONG GILT (LIFFE) Each Horizontal Line = 25 Points .01 = 10.00 [pounds sterling] Minimum Move: .01 FND: 5-27-05 LTD: 6-28-05 OPTIONS EXPIRE: 5-23-05 High Low 12/23/04 03/10/05 ...

10-yr euro bund.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=FGBLM JUN.05 10-YR EURO BUND (EUREX) Each Horizontal Line = 25 Points .01 = EC10 Minimum Move: .01 FND: 6-6-05 LTD: 6-8-05 OPTIONS EXPIRE: 5-24-05 High Low 05/04/05 09/15/04 12106 ...

Platinum.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=PLN JUL.05 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 Cents(.10) FND: 7-1-05 LTD: 7-27-05 OPTIONS EXPIRE: 6-15-05 High Low 03/16/05 12/09/04 88650...

Palladium.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=PAM JUN.05 PALLADIUM (NYMEX) Each Horizontal Line = 2 1/2 Dollars 1 Pt. = $1.00 Minimum Move: 5 Pts. FND: 5-31-05 LTD: 6-28-05 OPTIONS EXPIRE: N/A High Low 11/17/04 12/17/04 22715 ...

Lumber.(FINANCIAL MARKETS)
May 6, 2005... SYMBOL=LBN JUL.05 LUMBER (CME) Each Horizontal Line = 5 Dollars $1 = $110 Minimum Move: 10 Cents FND: 7-18-05 LTD: 7-15-05 OPTIONS EXPIRE: 6-30-05 High Low 03/17/05 11/05/04 39290 32200 ...

Traders' commitments as of May 3, 2005.
May 6, 2005... Traders' Commitments as of May 3, 2005 NON-COMMERCIAL (LARGE SPECULATORS) COMMODITY Long Change Short Change Cattle (Feeder) 9,876 -492 3,735 -70 Cattle (Live)...

Weekly/monthly data.
May 6, 2005... 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)
May 13, 2005... Cattle August Feeder Cattle continue to register contract highs as the market makes its way up to monthly resistance at 1.1.530 (basis May, 9/04). CC Below initial support at the Apr UTL (1.0872-1.0916) targets the Mar gap at 1.0540. June Live...

Lean Hogs.(AGRICULTURAL MARKETS)
May 13, 2005... Lean Hogs June is turning up after nearing horizontal closing support at the Dec gap of .7430. CC below targets the Dec low at .7057. Next resistance lies between the Jan high at .7940 and monthly resistance at .7980 (7/04). Daily CC above...

Corn.(AGRICULTURAL MARKETS)
May 13, 2005... Corn July registered contract lows in response to the USDA report Thursday: 2005-06 U.S. ending stocks are estimated at 2.54B bu. vs. the pre-report trade estimate of 2.19B bu. CC below the 2.01 3/4 level will lead to a test of monthly support...

Oats.(AGRICULTURAL MARKETS)
May 13, 2005... Oats July continues to register contract lows on its way down to monthly support at 1.20 1/2 (7/04). Initial resistance for Jul lies at the 4/05 weekly gap of 1.38 3/4 Daily CC above targets the Mar/Apr DTL (1.47 1/2-1.45 3/4). SYMBOL=ON...

Soybean complex.(AGRICULTURAL MARKETS)
May 13, 2005... Soybean Complex July Soybeans have violated support at their probe. Apr UTL (6.33 1/2-6.36 3/4), which is now initial closing resistance. The next downside target lies at the Feb gap of 6.10. Support below there is weekly at the 2/05 gap of...

Wheat (Chgo).(AGRICULTURAL MARKETS)
May 13, 2005... Wheat (Chicago) July appears headed for a test of its contract low at 3.02 1/4 as closing support at the Feb gap of 3.12 is being probed. CC below the contract low opens the door for a test of monthly support at 2.82 1/2 (12/04). Resistance...

Cotton.(AGRICULTURAL MARKETS)
May 13, 2005... Cotton July has turned down after filling its 6/04 gap at .5685. CC above targets monthly resistance at .6130 (7/03). CC below the mid-Apr low at .5250 targets support between the Mar low at .5050 and the Jan high at .5030. Support below there...

Sugar.(AGRICULTURAL MARKETS)
May 13, 2005... Sugar July has violated support at its Apr UTL (859-870) after probing horizontal closing resistance at its Dec low of 8B8. CC above targets the Mar gap at 919. The next downside objective lies at the Aug low of 795. CC below there targets the...

Coffee.(AGRICULTURAL MARKETS)
May 13, 2005... Coffee July is probing closing support at its Mar low of 1.2250. CC below sets up another test of horizontal closing support at the Dec high of 1.1250. CC back above the filled Mar gap at 1.3210 bodes well for additional upside and possible...

Cocoa.(AGRICULTURAL MARKETS)
May 13, 2005... Cocoa July has recently violated support at its Jan gap of 1487, which makes the Oct low at 1436 its next downside objective. CC below there targets the contract low of 1375. Support below there is monthly at 1298 (7/04). CC above initial...

Jul.05 pork bellies (CME).(AGRICULTURAL MARKETS)
May 13, 2005... SYMBOL=PBN JUL.05 PORK BELLIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 pts. FND: 7-5-05 LTD: 7-26-05 OPTIONS EXPIRE: 7-1-05 High Low 11/08/04 04/25/05 10375 ...

Jul.05 canola (WCE).(AGRICULTURAL MARKETS)
May 13, 2005... SYMBOL=RSN JUL.05 CANOLA (WCE) Each Horizontal Line = 5 C$ C$1 =C$20 Minimum Move: C10 cents FND: 6-30-05 LTD: 7-14-05 OPTIONS EXPIRE: 6-17-05 High Low 05/04/04 02/09/05 41500 24870 ...

Jul.05 frozen orange juice (NYCE).(AGRICULTURAL MARKETS)
May 13, 2005... SYMBOL=OJN JUL.05 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 7-1-05 LTD: 7-11-05 OPTIONS EXPIRE: 6-17-05 High Low 03/18/05 05/26/04 ...

Jul.05 rough rice (CBOT).(AGRICULTURAL MARKETS)
May 13, 2005... SYMBOL=NRN JUL.05 ROUGH RICE (CBOT) Each Horizontal Line = 10 Points .005 = $10.00 Minimum Move: .005 FND: 6-30-05 LTD: 7-20-05 OPTIONS EXPIRE: 6-24-05 High Low 08/30/04 02/25/05 86500 ...

Currencies.(FINANCIAL MARKETS)
May 13, 2005... The June British Pound is attempting to post CC below its Feb gap at 1.8584. If accomplished, horizontal closing support at the Jul high of 1.8239 is the next downside objective. CC below there targets monthly support at 1.8120, which is the...

Eurodollar.(FINANCIAL MARKETS)
May 13, 2005... September is probing support at its Mar UTL 19624 1/2-9627 1/2). CC below opens the door for a move down to horizontal support at the 6/04 low of 9594 1/2. CC above resistance at the mid-Jan high of 9641 targets horizontal closing resistance at...

T-Bond & T-Note (10-yr.).(FINANCIAL MARKETS)
May 13, 2005... June T-Bonds are heading up to resistance at their contract high of 116-21. CC above targets monthly resistance at 117-26 (3/04). Initial support now lies at the Mar/Mar UTL (114-21/115-07). CC below targets horizontal closing support at the...

Copper.(FINANCIAL MARKETS)
May 13, 2005... July gapped lower and is attempting to post CC below its Feb gap at 1.3790. If accomplished, the next downside objective lies at the Feb low of 1.3250. 02 below there targets the Jan low at 1.2800. CC back above violated support at the Jan high...

Gold.(FINANCIAL MARKETS)
May 13, 2005... June has violated horizontal closing support at is filled Feb gap of 425.60, which makes the Feb low at 414.00 its next downside target. CC below there targets the Sep low at 402.50. CC back above the top of the said Feb gap at 426.000 targets...

Silver.(FINANCIAL MARKETS)
May 13, 2005... July, has support at its Mar low of 6.8700. CC below there targets the Jan low at 6.4400 (be aware of possible support at the Feb gap of 6.6850). Support below there lies at the Sep low of 6.2300. CC above initial resistance at the Mar/Apr DTL...

Energy complex.(FINANCIAL MARKETS)
May 13, 2005... July Crude Oil gapped lower and is heading towards support at its Feb gala of 49.20. CC below targets the Feb-low at 45.75. Support below there is monthly at 42.35 (basis Jun), which is the .382 retracement level of the '01-'05 rally. CC above...

S&P 500 index.(FINANCIAL MARKETS)
May 13, 2005... June has recently violated weekly resistance at 1164.50, which makes the Apr high at 1195.70 its next upside objective. CC above there targets resistance between 1228.30 and the contract high at 1234.10. CC back below the Jan low at 1170.20...

Dow Jones 30 industrials (CASH).(FINANCIAL MARKETS)
May 13, 2005... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points [GRAPHIC OMITTED] 14-DAY RELATIVE STRENGTH INDEX (As of Friday) Up Avg 29.057 Down Avg 41.026 Date Open High Low ...

Jul.05 platinum (NYMEX).(FINANCIAL MARKETS)
May 13, 2005... SYMBOL=PLN JUL.05 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent= $.50 Minimum Move: 10 Cents(.10) FND: 7-1-05 LTD: 7-27-05 OPTIONS EXPIRE: 6-15-05 High Low 03/16/05 12/09/04 88650...

Traders' commitment as of May 10, 2005.(FINANCIAL MARKETS)
May 13, 2005... Traders' Commitments as of May 10, 2005 If you would like to receive this report, via fax or e-mail, shortly after it's released by the CFTC, call us TOLL-FREE at 1-800-221-4352. NON-COMMERCIAL (LAREG...

Weekly/monthly data.(FINANCIAL MARKES)
May 13, 2005... 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...

Cattle.(AGRICULTURAL MARKETS)
May 20, 2005... August Feeder Cattle continue to register contract highs as it makes its way up to monthly resistance at 1.1530 (9/04). CC below initial support at the Apr UTL (1.0925-1.0972) targets the late-Apr low at 1.0750. CC below there targets the Mar...

Lean hogs.(AGRICULTURAL MARKETS)
May 20, 2005... July have recently violated support at their Jan high of .7540, which makes the Dec gap at .7040 their next downside target. CC below the Feb low at .7202 will bolster this scenario. Closing support below the Dec gap lies at the Dec low of...

Corn.(AGRICULTURAL MARKETS)
May 20, 2005... July has violated its May gap at 2.05 3/4, which makes resistance at the Mar/Apr DTL (2.14 1/4-2.12 1/2) the next upside target. CC above there targets the Jan high at 2.24 1/2 followed by the Mar high at 2.38. Closing support lies at the...

Oats.(AGRICULTURAL MARKETS)
May 20, 2005... July is challenging its 5/11 low at 1.32. CC below targets monthly support at 1.20 1/2 (7/04). Initial resistance lies at the 4/05 weekly gap of 1.38 3/4. Daily CC above target's the Mar/Apr DTL (1.45 1/4-1.43 3/4). SYMBOL=ON JUL.05...

Soybean complex.(AGRICULTURAL MARKETS)
May 20, 2005... July Soybeans have gapped up after probing their Feb gap at 6.10. Support below there lies at the 2/05 weekly gap of 5.99 followed by horizontal support at the Nov high of 5.78. CC above the Mar/May DTL (6.35-6.30 1/4) targets the Apr high at...

Wheat (Chgo).(AGRICULTURAL MARKETS)
May 20, 2005... July has come off support at its contract low of 3.02 1/4 and is probing resistance at its Mar/Apr DTL (3.171 1/4-3.12 1/2). CC above targets the possible Mar gap at 3.40. CC above there targets the Mar gap at 3.63. CC below the contract low...

Cotton.(AGRICULTURAL MARKETS)
May 20, 2005... July is attempting to post CC below horizontal support at its Jan high of.5030. If accomplished, the Feb gap at .4855 becomes the next downside target. CC below there will lead to a test of the Jan low at .4495. CC back above the mid-Apr low at...

Sugar.(AGRICULTURAL MARKETS)
May 20, 2005... July is probing resistance at its Mar/May DTL (839-831). CC above makes it initial closing support and targets horizontal closing resistance at the Dec low of 868. CC above there will lead to a test of the Mar gap at 919. If the said DTL is not...

Coffee.(AGRICULTURAL MARKETS)
May 20, 2005... July has violated closing support at its Mar low of 1.2250,.which makes horizontal closing support at the Dec high of 1.1250 its next downside objective. CC below there targets monthly support at 1.01163, which is the .382 retracement level of...

Cocoa.(AGRICULTURAL MARKETS)
May 20, 2005... July is probing its Oct low at 1436. CC below targets the contract low at 1375. CC below there will lead to a test of monthly support at 1298 (7/04). CC above initial resistance at the May gap of 1466 targets the Apr gap at 1537. Note the peace...

Pork bellies.(AGRICULTURAL MARKETS)
May 20, 2005... SYMBOL=PBN JUL.05 PORK BELLIES (CME) Each Horizontal Line = 100 Points 1 Pt. = $4.00 Minimum Move: 2.5 Pts. FND: 7-5-05 LTD: 7-26-05 OPTIONS EXPIRE: 7-1-05 High Low 11/08/04 05/20/05 10375 ...

Canola.(AGRICULTURAL MARKET)
May 20, 2005... SYMBOL=RSN JUL.05 CANOLA (WCE) Each Horizontal Line = 5 C$ C$1 = C$20 Minimum Move: C10 cents FND: 6-30-05 LTD: 7-14-05 OPTIONS EXPIRE: 6-17-05 High Low 06/10/04 01/31/05 41500 24870 ...

Orange juice.(AGRICULTURAL MARKETS)
May 20, 2005... SYMBOL=OJN JUL.05 FROZEN ORANGE JUICE (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 7-1-05 LTD: 7-11-05 OPTIONS EXPIRE: 6-17-05 High Low 03/18/05 05/26/04 ...

Rice.(AGRICULTURAL MARKETS)
May 20, 2005... SYMBOL=NRN JUL.05 ROUGH RICE (CBOT) Each Horizontal Line = 10 Points .005 = $10.00 Minimum Move: .005 FND: 6-30-05 LTD: 7-20-05 OPTIONS EXPIRE: 6-24-05 High Low 08/30/04 02/25/05 86500 ...