Core Viewpoint - January frozen concentrated orange juice (FCOJ) futures are experiencing a downward trend, presenting a selling opportunity as prices hit a multi-month low, with bears holding a near-term technical advantage [1][2]. Price Trends and Technical Analysis - FCOJ futures prices are declining due to favorable production outlooks in Brazil and weakening consumer demand in the U.S. [2]. - A critical support level for FCOJ futures is identified at $1.6750; a drop below this level would empower bearish sentiment and create a selling opportunity, with a downside price objective of $1.0000 or lower [3]. - Technical resistance is noted at $2.0000, where protective buy stops should be placed [3].