STOCKS: The bears have control as longs flee to the sidelines ahead of payrolls
BONDS: Near term vulnerable in Treasuries but selling should abate today
CURRENCIES: Expect the Yen, Swiss and Euro to hold near term favor
COPPER: At least a couple of down days ahead for copper
METALS: The bear camp seems to hold an edge off fresh fears of slowing
CATTLE: Weaker than expected demand pushing beef, and maybe cash lower; weak
HOGS: Premium too high in weak commodity environment; chop lower for now
BEANS: Complex due for correction. Funds may not be enough to pull us higher.
CORN: A correction is finally underway. It should continue to take corn lower.
WHEAT: We’re getting a much-needed pause/pullback. Wheat could still go lower.
ENERGY: Without the Russian issue prices would be under significant pressure
COTTON: Weak demand clashing with longer-term supply fears; chop
COFFEE: Coffee demand hangs in well during recession and tech action bullish
SUGAR: Swings from inflation to deflation concerns due to demand undertones
COCOA: Economic data over next 2 session likely to test the bull camp’s resolve
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