For Mar Rough Rice, the new #1 bottom point is 9.560 (the low on Dec. 18). Keep watching.
The new #1 bottom point for Mar Wheat is 504-0 (the low on Dec. 17). Keep watching.Â
Feb Live Cattle has developed a Bull Flag pattern. A break out of the high of the flag will trigger an entry to the upside. If filled, initial stops can be placed below recent lows of the flag. The initial target is the bottom of the weekly chart resistance zone (gold rectangle). Keep watching.
The new #1 bottom point for Mar Cotton #2 is at 62.97 (the low on Dec. 16). Keep watching for all of the 1-2-3 strategy criteria to be met.
Mar Sugar #11 produced a #1 bottom point at 14.04 (the low on Nov. 06). The #2 point is 15.29 (the high on Nov. 28). The #3 point is at 14.38 (the low on Dec. 18). A long entry can be established on a break above the Dec. 19 high. If filled, the initial target is the top of the weekly chart support zone (gold rectangle) at 15.74.
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