Kara Crawford at kara@traderplanet.comadmin@traderplanet.comhttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-ushttp://www.traderplanet.com/commentaries/view/134288-softs_market_commentaryhttp://www.traderplanet.com/commentaries/view/134288-softs_market_commentary<p >March sugar closed up 8 points at 24.48 cents yesterday. Prices closed near mid-range yesterday and hit a fresh two-week high on more short covering. Sugar bears do still have the slight near-term technical advantage. Sugar bulls' next upside price breakout objective is to push and close prices above solid technical resistance at the January high of 25.21 cents. Bears' next downside price breakout objective is to push and close prices below solid technical support at last week's low of 23.41 ...</p><a href='http://www.traderplanet.com/commentaries/view/134288-softs_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Jim WyckoffJim WyckoffThu, 09 Feb 2012 12:47:44 +0000http://www.traderplanet.com/commentaries/view/134117-grain_market_analysishttp://www.traderplanet.com/commentaries/view/134117-grain_market_analysis<p >March corn futures closed down 2 cents at $6.42 1/4 yesterday. Prices closed near mid-range yesterday. Losses were limited by bhe key "outside markets" turning bullish for corn yesterday, as the U.S. dollar index weakened and crude oil prices rallied around mid-morning. Corn bulls and bears are on a level near-term technical playing field. Traders are awaiting Thursday morning's USDA world supply and demand report. Corn bulls' next upside price breakout objective is to push and close prices a...</p><a href='http://www.traderplanet.com/commentaries/view/134117-grain_market_analysis'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Jim WyckoffJim WyckoffWed, 08 Feb 2012 12:45:53 +0000http://www.traderplanet.com/commentaries/view/133913-livestock_futures_commentaryhttp://www.traderplanet.com/commentaries/view/133913-livestock_futures_commentary<p >April live cattle closed up $0.10 at $127.50 yesterday. Prices closed near mid-range. The key "outside markets" were in a bearish posture for cattle yesterday, as the U.S. dollar index was firmer and crude oil prices were weaker. Cattle futures bulls still have the overall near- term technical advantage but need to show fresh power soon to keep it after last Friday's bearish weekly low close. There is also now the specter of a bearish double-top reversal pattern forming on the daily bar chart...</p><a href='http://www.traderplanet.com/commentaries/view/133913-livestock_futures_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Jim WyckoffJim WyckoffTue, 07 Feb 2012 12:42:39 +0000http://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_mondayhttp://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_monday<p >* JIM'S MARKET THOUGHT OF THE DAY *</p> <p >The European Union sovereign debt crisis is back on the front burner to start the new trading week, as many markets, including stock indexes, metals and crude oil are under pressure while the U.S. dollar index rebounds. While the EU debt crisis is in the spotlight today, which has caused risk appetite in the market place to shrink, many markets are just seeing good price corrections from recent trending moves.--Jim</p> <p >U.S. STOCK INDEXES</p> <p >S&amp;P 500 futures: Bulls ...</p><a href='http://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_monday'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Jim WyckoffJim WyckoffMon, 06 Feb 2012 12:31:59 +0000http://www.traderplanet.com/commentaries/view/133425-metals_market_commentaryhttp://www.traderplanet.com/commentaries/view/133425-metals_market_commentary<p >April gold futures closed up $9.40 an ounce at $1,758.90 yesterday. Prices closed nearer the session high yesterday and hit a fresh two-month high. Gold managed gains yesterday despite bearish "outside markets" that saw a firmer U.S. dollar index and sharply lower crude oil prices. Yet, gold rallied anyway on its technical strength. Gold bulls have the solid overall near-term technical advantage and still have upside near-term technical momentum on their side. A steep five-week-old uptrend is...</p><a href='http://www.traderplanet.com/commentaries/view/133425-metals_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Jim WyckoffJim WyckoffFri, 03 Feb 2012 12:22:32 +0000http://www.traderplanet.com/commentaries/view/133188-softs_market_commentaryhttp://www.traderplanet.com/commentaries/view/133188-softs_market_commentary<p >March sugar closed up 2 points at 23.66 cents yesterday. Prices closed nearer the session high but did hit a fresh two-week low early on. Bulls have faded recently and bears have the near-term technical advantage. Sugar bulls' next upside price breakout objective is to push and close prices above solid technical resistance at last week's high of 25.21 cents. Bears' next downside price breakout objective is to push and close prices below solid technical support at 23.52 cents. First resistance...</p><a href='http://www.traderplanet.com/commentaries/view/133188-softs_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Jim WyckoffJim WyckoffThu, 02 Feb 2012 12:57:49 +0000http://www.traderplanet.com/commentaries/view/132972-grain_market_analysishttp://www.traderplanet.com/commentaries/view/132972-grain_market_analysis<p >March corn futures closed up 7 3/4 cents at $6.39 1/2 yesterday. Prices closed nearer the session high yesterday. Corn bulls and bears are back on a level near-term technical playing field. A bullish pennant pattern has formed on the daily bar chart. Corn bulls' next upside price breakout objective is to push and close prices above solid technical resistance at $6.50. The next downside price breakout objective for the bears is pushing and closing prices below psychological support at $6.00. F...</p><a href='http://www.traderplanet.com/commentaries/view/132972-grain_market_analysis'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Jim WyckoffJim WyckoffWed, 01 Feb 2012 12:44:30 +0000http://www.traderplanet.com/commentaries/view/132752-livestock_futures_commentaryhttp://www.traderplanet.com/commentaries/view/132752-livestock_futures_commentary<p >April live cattle closed down $0.70 at $127.75 yesterday. Prices closed near mid-range yesterday on more profit-taking pressure. The key "outside markets" were in a bearish posture for the cattle market yesterday, as the U.S. dollar index was higher and the crude oil futures market was lower. The cash market fundamentals in cattle have deteriorated a bit, which has pressured futures. Cattle futures bulls still have the overall near-term technical advantage. Prices are still in a seven-week-ol...</p><a href='http://www.traderplanet.com/commentaries/view/132752-livestock_futures_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> Jim WyckoffJim WyckoffTue, 31 Jan 2012 12:34:40 +0000http://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_mondayhttp://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_monday<p >* JIM'S MARKET THOUGHT OF THE DAY *</p> <p >The U.S. dollar index is posting a modest rebound to start the trading week. Crude oil is also weaker, which has several other commodity futures markets under pressure Monday. The U.S. dollar bulls need to step up and show good power this week, as this week will likely determine whether the recent sell off is just a downside correction in an overall uptrend, or if the uptrend in the dollar index has ended and a fresh downtrend is in place on the daily chart...</p><a href='http://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_monday'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Jim WyckoffJim WyckoffMon, 30 Jan 2012 12:53:47 +0000http://www.traderplanet.com/commentaries/view/132246-energies_market_commentaryhttp://www.traderplanet.com/commentaries/view/132246-energies_market_commentary<p >March crude oil closed up $0.37 a barrel at $99.77 yesterday. Prices closed nearer the session low yesterday and were mildly supported by a weaker U.S. dollar index yesterday. Crude oil bulls have the overall near-term technical advantage. However, the going does get tough for the bulls once prices move above the key $100.00 level. The next near-term upside price breakout objective for the crude oil bulls is producing a close above solid technical resistance at the January high of $103.90 a b...</p><a href='http://www.traderplanet.com/commentaries/view/132246-energies_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Jim WyckoffJim WyckoffFri, 27 Jan 2012 12:40:24 +0000http://www.traderplanet.com/commentaries/view/131708-metals_market_commentaryhttp://www.traderplanet.com/commentaries/view/131708-metals_market_commentary<p >February gold futures closed up $36.00 an ounce at $1,700.10 yesterday. Prices closed near the session high yesterday, hit a fresh six-week high and scored a big and bullish "outside day" up on the daily bar chart, whereby the high was higher and low was lower than the previous session's trading range, with a higher close. The bulls gained fresh, solid upside technical momentum yesterday. The gold market rebounded from lower levels in the wake of a "dovish" FOMC statement from the Federal Res...</p><a href='http://www.traderplanet.com/commentaries/view/131708-metals_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Jim WyckoffJim WyckoffThu, 26 Jan 2012 12:46:56 +0000http://www.traderplanet.com/commentaries/view/131690-softs_market_commentaryhttp://www.traderplanet.com/commentaries/view/131690-softs_market_commentary<p >March sugar closed down 20 points at 24.76 cents yesterday. Prices closed near the session low yesterday and did hit another fresh nine-week high early on. The key "outside markets" were bearish for the sugar market yesterday, as the U.S. dollar index was firmer and crude oil prices were weaker. Bulls still have the slight near-term technical advantage in sugar. Sugar bulls' next upside price breakout objective is to push and close prices above solid technical resistance at 25.50 cents. Bears...</p><a href='http://www.traderplanet.com/commentaries/view/131690-softs_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> Jim WyckoffJim WyckoffWed, 25 Jan 2012 13:00:34 +0000http://www.traderplanet.com/commentaries/view/131667-grain_market_analysishttp://www.traderplanet.com/commentaries/view/131667-grain_market_analysis<p >March corn futures closed up 8 1/2 cents at $6.20 yesterday. Prices closed nearer the session high yesterday and saw more short covering in a bear market. The key "outside markets" were bullish for the corn market yesterday, as the U.S. dollar index was lower and crude oil prices were higher. Some bargain-hunting buying has also occurred recently. And, South American corn-growing regions still need rain. Corn bears do still have the overall near-term technical advantage, but the bulls are gai...</p><a href='http://www.traderplanet.com/commentaries/view/131667-grain_market_analysis'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> Jim WyckoffJim WyckoffTue, 24 Jan 2012 12:38:46 +0000http://www.traderplanet.com/commentaries/view/131666-jim_wyckoff_s_morning_blog_mondayhttp://www.traderplanet.com/commentaries/view/131666-jim_wyckoff_s_morning_blog_monday <p >* JIM'S MARKET THOUGHT OF THE DAY *</p> <p >It's a "risk on" trading day in the market place Monday, as commodity and stock markets are higher amid better investor attitudes about the European Union sovereign debt crisis stabilizing. Traders this week will closely scrutinize the results of this week's FOMC meeting of the Federal Reserve.--Jim</p> <p >U.S. STOCK INDEXES</p> <p >S&amp;P 500 futures: Prices poked to a nearly six-month high overnight. The shorter-term moving averages are bullish early today. The 4-day movi...</p><a href='http://www.traderplanet.com/commentaries/view/131666-jim_wyckoff_s_morning_blog_monday'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> Jim WyckoffJim WyckoffMon, 23 Jan 2012 20:37:57 +0000http://www.traderplanet.com/commentaries/view/131472-metals_market_commentaryhttp://www.traderplanet.com/commentaries/view/131472-metals_market_commentary<p ><span ></span></p><p>February gold futures closed up $3.10 an ounce at $1,658.70 yesterday. Prices closed nearer the session high and closed at a fresh five-week high close. The gold market was boosted by technical buying and by a weaker U.S. dollar index yesterday. Gold bulls have the overall near-term technical advantage. A three-week-old uptrend is in place on the daily bar chart. Bulls' next upside technical breakout objective is to produce a close above psychological resistance at $1,700.00. Bears' next near...</p><a href='http://www.traderplanet.com/commentaries/view/131472-metals_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> Jim WyckoffJim WyckoffThu, 19 Jan 2012 12:33:15 +0000