Group 1 - The March U.S. Treasury Bond futures are currently presenting a selling opportunity due to a trend of declining prices, recently hitting a five-week low [1] - The market has adopted a more hawkish stance regarding the Federal Reserve, with a U.S. interest rate cut in December now appearing uncertain, contrary to previous expectations [2] - A breach of the support level at 115 31/32 in March T-Bond futures would empower bearish traders and create a selling opportunity, with a downside target of 112 or lower [3] Group 2 - The technical indicators, specifically the MACD, are showing a bearish posture, indicating further potential price weakness in the bond market [1] - Resistance for protective buy stops is identified at 117 20/32, suggesting a strategic point for traders to consider [3]

March soft red winter wheat futures (ZWH26) present a buying opportunity on more price strength. See on the daily bar chart for the March soft red winter wheat futures that prices are now trending up and have just hit a 2.5-month high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up. The bulls have the near-term technical advantage and have momentu ...

Core Viewpoint - December silver futures are presenting a selling opportunity due to anticipated price weakness [1] Technical Analysis - Recent price action for December silver futures has formed a bear flag pattern, indicating potential downward movement [2] - Increased daily price volatility at higher levels serves as a warning signal for a market top [2] - The moving average convergence divergence (MACD) indicator is in a bearish posture, with the blue MACD line below the red trigger line and both trending down [2] Fundamental Analysis - Safe-haven silver is under pressure from a heightened risk appetite in the marketplace, as evidenced by U.S. stock indexes reaching record highs amid easing U.S.-China trade tensions [3] Trading Strategy - A move in December CME micro silver futures below the support level of $46.82 would signal a selling opportunity, with a downside price objective of $40.00 or lower [4] - Technical resistance is identified at $50.00, where a protective buy stop should be placed just above [4]

Core Viewpoint - December coffee futures present a selling opportunity due to recent price weakness and potential bearish patterns forming in the market [1][2]. Price Movement and Technical Analysis - December coffee futures have experienced a sharp price drop followed by a slight rebound, currently pausing, which is not indicative of a bullish trend [2]. - A bearish flag or pennant pattern may be forming, and the MACD indicator has shown a bearish crossover, with the blue MACD line crossing below the red trigger line, both trending lower [2]. Fundamental Factors - Coffee futures prices have declined due to improved weather conditions in key growing regions like Brazil, leading to increased coffee supply and alleviating previous supply deficits [3]. - Recent rainfall and a positive outlook for the Brazil coffee harvest have contributed to the downward pressure on futures prices [3]. Support and Resistance Levels - A drop in December coffee futures below the solid chart support level of 350.00 cents would empower bearish sentiment and create a selling opportunity, with a downside price objective of 270.00 cents or lower [4]. - Technical resistance is identified at 380.00 cents, where a protective buy stop should be placed [4].

Core Viewpoint - December soybean meal futures are presenting a value-buying opportunity as prices begin to trend higher, supported by technical indicators and market conditions [1][2][3]. Technical Analysis - The daily bar chart indicates that December soybean meal futures prices are starting to trend upward, with a bullish MACD crossover signal occurring as the red MACD line crosses above the blue trigger line [2]. - Historical price data shows that soybean meal prices below $300.00 per ton have historically represented a value-buying opportunity [2]. - A breakout above the resistance level at $290.00 would enhance bullish sentiment and create a further buying opportunity, with an upside price target of $312.00 [4]. Market Fundamentals - The recent rally in the soybean market occurs despite the USDA's report of a large U.S. soybean crop expected to be harvested soon, indicating that traders have already priced in this information [3]. - Improved U.S.-China trade relations are fostering optimism among soybean bulls for increased purchases of U.S. soybeans by China in the upcoming months [3].