Commodity Price Charts articles from November 2003

Commodity Price Charts archives from November 2003

Currencies.(Financial Markets)(Illustration)
November 7, 2003... The December British Pound has violated support at its steep Sep uptrend line (1.6757-1.6865) even though the BoE raised the repo rate by 25 basis points to 3.75. The next downside target lies at the 10/14 low of 1.6466. CC below there will...

Eurodollar.(Financial Markets)(Illustration)
November 7, 2003... March is challenging support at the neckline (9857 1/4-9859 1/4) of a possible Mar/Oct H&S top pattern after further proof of a future interest rate hike(s) is becoming more evident. A close or two below, preferably on heavier volume, projects...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
November 7, 2003... December T-Bonds are heading down to support at their Oct low of 105-22. CC below targets the contract low at 102-14. Resistance horizontal at the recent high of 109-22. CC above targets the Sep high at 112-11. December T-Notes ate heading down...

Copper.(Financial Markets)(Illustration)
November 7, 2003... December has recently violated monthly resistance at the breakout project of its '027'03 rectangle pattern (approx. 6550-8000) near .9450. The next upside target lies at psychological resistance of 1.0000. Initial support lies at the steep...

Gold.(Financial Markets)(Illustration)
November 7, 2003... December has violated closing support at its filled Oct gap of 382.50 and is approaching Oct gap support at 375.10. CC below there bodes well for a move down to the Apr/Jul uptrend line (366.40-367.60). CC below there will lead to a fill of the...

Silver.(Financial Markets)(Illustration)
November 7, 2003... December has recently violated closing support at its Oct gap of 5.0900 making the filled Jul gap at 4.8200 its next downside target. CC below there will target support between the Jun low at 4.4600 and the Mar low at 4.3800. Closing resistance...

Energy Complex.(Financial Markets)(Illustration)
November 7, 2003... December Crude Oil reversed and shot higher after the DoE reported a surprise drop in distillate (-1.3 mm bbl.) and gasoline stocks (-2.5 mm bbl.). The market was. expecting a small build. Initial resistance at the top of the Oct gap at 29.40...

S&P 500 index.(Financial Markets)(Illustration)
November 7, 2003... December has established new support at its Sep/Oct uptrend line (1033.70-1039.90) as it heads to monthly resistance at 1075.60, which is the .382 retracement level of the '00/'02 decline. CC below the said uptrend line targets the Aug/Sep...

Dow Jones 30 industrials (cash).(Illustration)
November 7, 2003... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points [GRAPHIC OMITTED] 14-DAY RELATIVE STRENGTH INDEX (As of Friday) Up Avg 27.030 Down Avg 19.423 Date Open High Low Close...

Jan. 04 Platinum (Nymex).(Illustration)
November 7, 2003... SYMBOL=PLF JAN. 04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 Cents(.10) FND: 1-2-04 LTD: 1-27-04 OPTIONS EXPIRE: 12-17-03 High Low 10/30/03 04/29/03 ...

Trader's commitments as of November 4, 2003.(for select commodities)(Illustration)
November 7, 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 November 4, 2003 NON-COMMERCIAL (LARGE...

Weekly/monthly data.(for select commodities)(Illustration)
November 7, 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)
November 14, 2003... The December British Pound has violated closing resistance at 1.6815 suggesting a test of the contract high at 1.7018. CC above there targets monthly, resistance at 1.7300 (10/98). CC below the former contract high at 1.6634 (6703) targets the...

Eurodollar.(Financial Markets)(Illustration)
November 14, 2003... March has turned up alter slightly probing the neckline (9859 1/2-9860 3/4) of a possible Mar/Oct H&S top pattern. A close or two below, preferably on heavy volume (around two million contracts), projects a 79 point loss. An intermediate target...

T-Bond & T-Note (10-yr.).(Financial Markets)(Illustration)
November 14, 2003... December T-Bonds are challenging their recent high at 109-22. CC above targets the Sep high at 112-11. CC below the Oct low at 105-22 targets the contract low at 102-14. Momentum indicators are now bullish suggesting higher prices next week....

Copper.(Financial Markets)(Illustration)
November 14, 2003... December is heading up to its next target at psychological resistance of 1.0000. Support lies at the probed Sep/Oct uptrend line (79492-.9654) until a new contract high is registered. At that point you would use the 11/10 low as opposed to the...

Gold.(Financial Markets)(Illustration)
November 14, 2003... December is attempting to post CC above its former contract high at 394.80. If accomplished, psychological resistance at 400.00 is the next upside target. CC above there bodes well for a move up to horizontal monthly resistance at 419.70...

Silver.(Financial Markets)(Illustration)
November 14, 2003... December reversed and is challenging resistance at this year's high of 5.3950. CC above targets weekly resistance at 5.6000. Closing support is now horizontal at 5.2350. CC below targets the Oct/Nov uptrend line (4.9840-5.0160). ...

Energy complex.(Financial Markets)(Illustration)
November 14, 2003... January Crude Oil is nearing its contract high at 32.02. CC above will target weekly resistance at 32.70. CC above there targets monthly resistance at 35.84 (11/00). CC back below the bottom of the filled Sep gap at 30.08 targets the mid-Jul...

S&P 500 index.(Financial Markets)(Illustration)
November 14, 2003... December is now grinding its way up to monthly resistance at 1075.60 which is the .382 retracement level of the '00/'02 decline. Daily CC above there will target the 1/02 monthly high at 1178.50, which is near the .50 retracement level of the...

Dow Jones 30 industrial (cash).(Illustration)
November 14, 2003... DOW JONES 30 INDUSTRIAL (CASH) Each Horizontal Line = 50 Points Date Open High Low Close 11/10/03 9807 1/2 9824 1/4 9736 3/4 9756 1/2 11/11/03 9756 1/2 9761 1/4 9719 9737 3/4 11/12/03...

Jan.04 platinum (Nymex).(Illustration)
November 14, 2003... SYMBOL=PLF JAN.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 cents(.10) FND: 1-2-04 LTD: 1-27-04 OPTIONS EXPIRE: 12-17-03 High Low 11/13/03 04/29/03 77600 58410 ...

Traders' commitments as of November 11, 2003.(for select commodities)(Illustration)
November 14, 2003... Traders' Commitments as of November 11, 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.(for select commodities)(Illustration)
November 14, 2003... WEEKLY/MONTHLY DATA Listed below is the data to update your weekly and monthly charts. Week ending 11/7/03 COMMODITY HIGH LOW CLOSE Live Cattle 9830 9060 9682...

Currencies.(Financial Markets)(Illustration)
November 21, 2003... The December British Pound is probing its former contract high at 1.7018. CC above targets monthly resistance at 1.7300 (10/98). Support is now the Sep/Nov uptrend line (1.6764-1.6845). CC below targets horizontal closing support at the former...

Eurodollar.(Financial Markets)(Illustration)
November 21, 2003... June has recently violated closing resistance at its late-Oct high of 9842 making the Oct high at 9870 1/2, its next upside target. Support lies at the neckline (9815 3/4-9817 1/4) of a possible Mar/Sep H&S top pattern. CC below targets the Apr...

T-Bonds & T-Note (10-yr).(Financial Markets)(Illustration)
November 21, 2003... March T-Bonds are heading towards resistance at their Sep high of 110-28. CC above targets the .618 retracement level of the Jun/Aug decline at 112-27 CC back below the late-Oct high at 108-05 will lead to a test of the Aug/Nov uptrend line...

Copper.(Financial Markets)(Illustration)
November 21, 2003... March collapsed (no apparent fundamental reason given on the wires) and is attempting to post CC below its late--Oct reaction low at .8910. If accomplished, the Oct gap at .8685 is the next downside target. CC below there targets support at the...

Gold.(Financial Markets)(Illustration)
November 21, 2003... February is consolidating below its contract high as front-month (Dec) psychological resistance at 400.00 is tested. CC above (Dec) will target horizontal monthly resistance at 419.70 (2/96). CC below horizontal support at the Feb high of...

Silver.(Financial Markets)(Illustration)
November 21, 2003... March will need CC above this year's former high at 5.3900 to increase the chance for a market move up to weekly resistance at 5.6000 (basis Dec). CC below the Jul high at 5.2500 targets support the Oct/Nov uptrend line (5.0420-5.0770). Support...

Energy complex.(Financial Markets)(Illustration)
November 21, 2003... January Crude Oil is challenging weekly resistance at 32.70. CC above opens the door for ma run up to monthly resistance at 35.84 (11/00). CC below the filled Oct gap at 30.90 targets support at the Sep/Oct uptrend line (29.13-29.47). Momentum...

S&P 500 index.(Financial Markets)(Illustration)
November 21, 2003... December has violated initial support at its Sep/Oct uptrend line suggesting a move down to the Aug/Sep uptrend line (.1017.50-1020.80). CC below there will lead to at Test of the Sep low at 988.00. Momentum indicators are bearish after coming...

Dow Jones complex.(Illustration)
November 21, 2003... DOW JONES 30 INDUSTRIAL (CASH) Each Horizontal Line = 50 Points [GRAPHIC OMITTED] 14-DAY RELATIVE STRENGTH INDEX (As of Friday) Up Avg 22.338 Down Avg 28.604 Date Open High Low Close...

Jan. 04 platinum (NYMEX).(Illustration)
November 21, 2003... SYMBOL=PLF JAN.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollars 1 Cent = $.50 Minimum Move: 10 Cents(.10) FND: 1-2-04 LTD: 1-27-04 OPTIONS EXPIRE: 12-17-03 High Low 11/18/03 04/29/03 ...

Trader's commitments as of November 18, 2003.(for select commodities)(Illustration)
November 21, 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 November 18, 2003 NON-COMMERCIAL (LARGE...

Weekly/monthly data.(for select commodities)(Illustration)
November 21, 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...

Cattle.(Agricultural Markets)
November 26, 2003... January Feeder Cattle have posted CC back above violated support at their steep Oct uptrend line suggesting a fill of the Oct gap at .9912. CC above there targets the contract-high at 1.0212. Support lies at the Jun/Sep uptrend line. February...

Lean hogs.(Agricultural Markets)
November 26, 2003... February hit support at their Aug low of .5350. Support below there lies at the contract low of .5255. CC above the .5575 level targets the Oct/Nov downtrend line. The rising ADX suggests additional downside next week. SYMBOL=LHG FEB.04...

Corn.(Agricultural Markets)
November 26, 2003... March is attempting to post CC above horizontal gap resistance at 2.41 1/4. If accomplished, this year s high at 2.57 3/4 is the next upside target. Resistance above there lies at the contract high of 2.64. CC below support at the Mar low of...

Oats.(Agricultural Markets)
November 26, 2003... March has violated support at its filled Jul gap of 1.40 1/2 making the contract low at 1.31 of the next downside target. CC back above the 1.40 1/2 level targets resistance at the Sep high at 1.58 1/4. Momentum indicators are bearish and ADX...

Soybean Complex.(Agricultural Markets)
November 26, 2003... January Soybeans have violated initial support at their steep Aug/Sep uptrend line and have also filled their Oct gap at 7.35 1/2. CC-below targets the Oct gap at 6.99. Resistance now lies at the Nov downtrend line. Momentum indicators are...

Wheat (Chgo).(Agricultural Markets)
November 26, 2003... March is near resistance at its Nov gap of 3.99 1/2. CC above targets the contract High at 4.18 1/2. Initial support is now the Nov gap at 3.86. CC below targets the Oct gap at 3.66. SYMBOL=WH MAR.04 WHEAT (CBOT) Each Horizontal Line =...

Cotton.(Agricultural Markets)
November 26, 2003... March blew past support at its Aug uptrend line making support between the Jul high at .6510 and the Sep gap at .6495 the next downside target. CC below there will lead to a test of the Sep gap at .6235. Resistance is now the Nov gap at .7009....

Sugar.(Agricultural Markets)
November 26, 2003... March is challenging support at its Nov gap of 610. CC below targets the 11/02 minor low at 577. Resistance remains the Aug gap at 650. Note the COT graph is extremely polarized, which increases the chance for a big upward correction in the...

Coffee.(Agricultural Markets)
November 26, 2003... March has violated closing support at its former contract low of .6100, which is now closing resistance. CC back above targets resistance at the Sep/Oct downtrend line. CC above there will lead to a test of the Oct high at .6810. As it stands...

Cocoa.(Agricultural Markets)
November 26, 2003... March is attempting to post CC below the 1450 level. If accomplished, this year's low at 1360 becomes the next downside target. Weekly support lies at 1341. Closing resistance is horizontal at 1510. CC above targets the Sep gap at 1632. ...

Feb. 04 Pork Bellies (CME).
November 26, 2003... SYMBOL=PBG FEB.04 PORK BELLIES (CME) Each Horizontal Line = 100 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 10/14/03 08/05/03 9340 7640 Date Open...

Jan. 04 Frozen Orange Juice (NYCE).
November 26, 2003... SYMBOL=OJF Jan. 04 frozen orange juice (NYCE) Each Horizontal Line = 100 Points 1 Pt. = $1.50 Minimum Move: 5 pts. FND: 1-2-04 LTD: 1-9-04 OPTIONS EXPIRE: 12-19-03 High Low 09/09/02 11/25/03 11230 6725 Date ...

Currencies.(Financial Markets)
November 26, 2003... Currencies The December British Pound is poised to post CC above its former contract high at 1.7018. If accomplished, monthly resistance at 1.7300 (10/98) is the next upside target. Support is the Sep/Nov uptrend line. CC below targets...

Eurodollar.(Financial Markets)
November 26, 2003... Eurodollar June has posted CC back below closing support at its late-Oct high of 9842 suggesting a test of support at the neckline (9817 1/2-9819) of a possible Mar/Sep H&S top pattern. CC below preferably on heavy volume, projects an...

T-bond & T-note (10-yr.).(Financial Markets)
November 26, 2003... T-Bond & T-Note (10-yr.) March T-Bonds are trading between support at 108-05 and resistance at 110-28. CC outside of those parameters targets either the Aug/Nov uptrend line or Fibonacci resistance at 112-27. March T-Notes have overhead...

Copper.(Financial Markets)
November 26, 2003... Copper March is probing support at its late-Oct reaction low of .8910. CC below targets the Oct gap at .8685. CC below there targets support at the Jun/Aug uptrend line. Closing resistance lies at the Nov gap at .9200. CC above targets the Nov...

Gold.(Financial Markets)
November 26, 2003... Gold February is near horizontal support at the Feb high of 390.00. CC below targets the Apr/Jul uptrend line. Front-month (Dec) psychological resistance lies at 400.00. CC above (Dec) will target horizontal monthly resistance at 419.70 (2/96)....

Silver.(Financial Markets)
November 26, 2003... Silver March has turned down after probing closing resistance at this year's former high at 5.3900. Resistance above there is weekly at 5.6000 (basis Dec). CC below the Jul high at 5.2500 targets the Oct/Nov uptrend line. Momentum indicators...

Energy Complex.(Financial Markets)
November 26, 2003... Energy Complex January Crude Oil blew through support at its Oct gap of 30.90 is challenging support at its Sep/Oct uptrend line. CC below targets the Oct low at 28.10. CC below there targets the Sep low at 26.30. Initial resistance is now the...

S&P 500 index.(Financial Markets)
November 26, 2003... S&P 500 Index December continues to deny the chart technicals as it makes its way up to monthly resistance at 1075.60, which is the .382 retracement level of the '00/'02 decline. Support lies at the Aug/Sep uptrend line. CC below targets the...

Dow Jones 30 Industrials (cash).
November 26, 2003... DOW JONES 30 INDUSTRIALS (CASH) Each Horizontal Line = 50 Points Date Open High Low Close 11/24/03 9629 3/4 9749 1/4 9629 3/4 9747 3/4 11/25/03 9748 1/2 9759 1/4 9723 3/4 9763 3/4 11/26/03...

Jan.04 platinum (NYMEX).
November 26, 2003... SYMBOL = PLF JAN.04 PLATINUM (NYMEX) Each Horizontal Line = 5 Dollar 1 Cent = $.50 Minimum Move: 10 cents(.10) FND: 1-2-04 LTD: 1-27-04 OPTIONS EXPIRE: 12-17-03 High Low 11/18/03 04/29/03 77900 58410 Date ...

Traders' commitments as of November 18, 2003.
November 26, 2003... The CFTC will be releasing the next COT report on Monday, December 1, 2003 at 2:30 PM central time. NON-COMMERCIAL (LARGE SPECULATORS) COMMODITY Long Change Short Cattle (Feeder) 5,334 ...

Weekly/monthly data.
November 26, 2003... Listed below is the data to update your weekly and monthly charts. When plotting weekly chartsthe lead contract is used until the week of expiration. When plotting the week of the changeover, combine the price range of the lead contract...