STOCKS: The bears have fear and anxiety in their court expect more selling
BONDS: The bias remains up and the old highs are now a target
CURRENCIES: A critical junction for the Dollar after the numbers this morning
COPPER: The bears have control expect a pattern of lower lows ahead
METALS: Despite initial strength the bear camp retains the edge today
CATTLE: Weak demand outlook but Feb already discount; tighter supply ahead
HOGS: Collapse in hams plus futures premium to cash a bearish combination
BEANS: Soybeans may be poised for another step down. Best to sell on weakness.
CORN: Corn remains supported by a lack of sellers. This is temporary.
WHEAT: Sideways trade is setting wheat market up for a surge to the downside.
ENERGY: Sell rallies as demand destruction fears should escalate
COTTON: Choppy to lower trade expected to continue until econ outlook improves
COFFEE: World production deficit may spark increased coverage, short-covering
SUGAR: Clash of improving supply news against recessionary demand pricing
COCOA: Today’s economic data could trigger more selling unless Pound action offsets
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