LIVESTOCK: December live cattle closed down $0.55 at 

$113.87 today. Prices closed near the session low onprofit 

taking after hitting a three-week high on Monday. Thelive 

cattle bulls have the slight overall near-term technical 

playing advantage but need to show fresh power soon tokeep 

it. 

November feeder cattle closed down $0.70 at $152.17today. 

Prices closed near the session low today on a corrective 

pullback after hitting a five-week high on Monday. The 

feeder cattle market bulls have the overall near-term 

technical advantage. 

December lean hogs closed down $1.75 at $53.95 today. 

Prices closed nearer the session low today on heavyprofit 

taking after hitting a 10-week high on Monday. The bulls 

still have the overall near-term technical advantage. 

Prices are in a four-week-old uptrend on the daily bar 

chart. 

GRAINS: December corn futures closed down 3/4 cent at 

$3.66 1/2 today. Prices closed nearer the session lowtoday 

in more quiet trading, ahead of Wednesday morning’s USDA 

monthly supply and demand report. Corn bears have thefirm 

overall near-term technical advantage. 

November soybeans closed down 14 cents at $8.31 1/4 a 

bushel today. Prices closed near the session low today.The 

bears have the solid near-term technical advantage. There

are no early clues that a market bottom is in place. 

December soybean meal closed down $2.60 at $316.00 today.

Prices closed nearer the session low today. The bearshave 

the overall near-term technical advantage. However,recent 

gains begin to suggest meal has put in a market bottom. 

December bean oil closed down 31 points at 28.05 cents 

today. Prices closed near the session low today andclosed 

at a contract low close. The bears have the solid overall

near-term technical advantage. 

December SRW wheat closed down 10 cents at $5.18 1/4today. 

Prices closed near the session low. SRW bears have thefirm 

overall near-term technical advantage. Prices are in a 

steep five-week-old downtrend on the daily bar chart. 

December HRW wheat closed down 9 cents at $5.21 3/4today. 

Prices closed near the session low. The bears have thefirm 

overall near-term technical advantage. HRW bulls' next 

upside price breakout objective is closing Decemberprices 

above solid technical resistance at $5.60. 

SOFTS: October sugar closed down 5 points at 11.15 cents 

today. Prices closed near mid-range today. Prices Monday 

hit a six-week high. The sugar bears still have theoverall 

near-term technical advantage. However, a three-week-old 

uptrend is in place on the daily bar chart. 

December coffee closed down 80 points at 100.45 cents 

today. Prices closed nearer the session low today and are

back near the recent contract low. The bears have thesolid 

overall near-term technical advantage. Prices are in a 

four-month-old downtrend on the daily bar chart. 

December cocoa closed down $9 at $2,291 a ton today.Prices 

closed near mid-range today. The cocoa bears have thefirm 

overall near-term technical advantage. The next upside 

price breakout objective for the cocoa bulls is to pushand 

close prices above solid technical resistance at $2,500. 

December cotton closed down 126 points at 82.59 cents 

today. Prices closed nearer the session low today. The 

bears have the slight overall level near-term technical 

advantage. 

November orange juice closed down 190 points at $1.5670 

today. Prices closed near the session low today. Bullsand 

bears are on an overall level near-term technical playing

field amid recent choppy trading. 

November lumber futures closed up $4.80 at $388.10 today.

Prices closed near the session low today and saw short 

covering in a bear market. The bears still have the solid

overall near-term technical advantage. 

METALS: December gold futures closed up $1.90 at 

$1,201.60 today. Prices closed nearer the session high 

today after hitting a two-week low early on. The goldbears 

still have the firm overall near-term technicaladvantage. 

December silver futures closed down $0.006 at $14.175 

today. Prices closed nearer the session high today after 

hitting a 2.5-year low early on. The silver bears havethe 

solid overall near-term technical advantage. There are no

early clues to suggest a market bottom is close at hand. 

December N.Y. copper closed down 40 points at 262.35cents 

today. Prices closed near mid-range today. The copperbears 

still have the firm overall near-term technicaladvantage. 

ENERGIES: October Nymex crude oil closed up $1.93 at 

$69.47 today. Prices closed nearer the session high today

as the bulls regained upside momentum. Still, there are 

tough chart resistance layers just above the market. 

October heating oil closed up 360 points at $2.2538today. 

Prices closed near the session high today. The bulls have

the firm overall near-term technical advantage andregained 

upside momentum today. 

October (RBOB) unleaded gasoline closed up 549 points at 

$2.0141 today. Prices closed near the session high. The 

bulls have the overall near-term technical advantage and 

regained upside momentum today. 

October natural gas closed up 1.6 cents at $2.82 today. 

Prices closed near the session high today. Bears stillhave 

the overall near-term technical advantage. 

CURRENCIES: The December Euro 

currency closed down 12 points at 1.1672 today. Prices 

closed nearer the session low today. The bears have the 

firm overall near-term technical advantage. Euro bulls' 

next upside price breakout objective is pushing andclosing 

prices above solid technical resistance at the July highof 

1.1935. 

The December Japanese yen closed down 310 points at.90240 

today. Prices closed near the session low today. Bearshave 

the firm overall near-term technical advantage. Bulls'next 

upside price breakout objective is closing prices above 

solid resistance at the August high of .91840. 

The December Swiss franc closed up 12 points at 1.0357 

today. Prices closed nearer the session high today. The 

Swissy bulls have the slight overall near-term technical 

advantage but need to show fresh power soon to keep it. 

The December Canadian dollar closed up 15 points at .7629

today. Prices closed near the session high on more short 

covering. The bears have the firm overall near-term 

technical advantage. A bear flag or bearish pennantpattern 

has formed on the daily bar chart. 

The December British pound closed down 17 points at1.3067 

today. Prices closed near mid-range and hit another five-

week high today. The bears still have the overallnear-term 

technical advantage. However, a four-month-old downtrendon 

the daily bar chart has been negated and prices have been

trending higher for three weeks. 

The December U.S. dollar index closed up 0.110 at 94.830 

today. Prices closed nearer the session high today. The 

bulls have the firm overall near-term technicaladvantage. 

The bulls' next upside price breakout objective is toclose 

prices above solid technical resistance at the contract 

high of 96.450. 

December U.S. T-Bonds closed down 22/32 at 142 1/32today. 

Prices closed near the session low and hit a four-weeklow 

today. The bond market bears have gained the overallnear-

term technical advantage and have downside momentum. 

December U.S. T Notes closed down 9.5 (32nds) at 119.11.5

today. Prices closed near the session low and hit another

four-week low today. The bears have gained the overall 

near-term technical advantage and have downside momentum.

GENERAL STOCK MARKET COMMENT: The U.S. stock indexesclosed 

higher today. World stock markets were mixed but mostly 

lower overnight. Hong Kong’s Hang Seng Index fell intobear 

market territory this week, meaning the stock index isdown 

20% from its most recent high. World trade matters remain

on the front burner of the marketplace early this week. 

Reports said the U.S. and European Union may be getting 

closer to a trade agreement after recent meetings.