Perspicuous Risk

JULY SILVER: Resistance $17.900, close over= $19.500 plus, Support $16.000, under=$15.250

JUNE GOLD: Closed in support. If fails here = $1050; Resistance $1140, over-$1160.

JULY WHEAT: (SAME FOR KC WHEAT) Obviously weak. $4.50 obj if $4.87 1/4 support does not hold. Resistance $5.25.

JULY SOYBEANS: Strong resistance at $9.75, if over=$10.25; Mkt needs to hold a $9.44 close to halt a southerly direction.

JULY CORN: $3.70 area held. Mkt obviously appears weak; obj $3.60 if $3.70 folds; Resistance $3.81, if over=$3.93.

AUGUST FEEDER CATTLE: Initial obj. of $109.00 stopped mkt. Support $106.90, if under= $105.60.

APRIL LIVE CATTLE: $94.00 OBJ. met. expect pullback to $93.00, if under=$91.80.

APRIL LEAN HOGS: Orig. level of $73-74 met. May pull back to $70.00 prior to next leg to the upside.

JULY SILVER: Support 417.000 Obj. $19.000+; under 17.000=$16.000

JUNE GOLD: Support $1110, Resistance $1160, over=$1300

APRIL LIVE CATTLE: Support $92.80 area, under $92.00, then $91.80; Resistance $94.00. Close under $91.80 =due for set back in price.

APRIL LEAN HOGS: Expect setback to $72.80-$71.80, close under $71.80=$69.80. Upside obj. $76.00

AUGUST FEEDER CATTLE: Support $105.00, obj $112.00; if mkt stalls in next few days, expect setback to $106.25 - $105.00 area.

JULY KCWHEAT: Resistance $5.37 1/2, Support $4.87 1/2. Mkt now projects to $4.50 1/2 & under longer term.

JULY WHEAT: See KC July

JULY SOYBEANS: Resistance $9.57, over=$9.70; mkt needs to rally quickly or headed south to $9.00 & lower.

JULY CORN: Another fail. Projects to $3.75, under=$3.60 area; Resistance $3.86 1/2, over= $3.93 3/4.

JULY CORN: Resistance $3.96, over=$4.06 1/4; Support $3.90, under=$3.77

JULY SOYBEANS: Failed. Resistance $9.57; support $9.25, under=$9.00

JULY KCWHEAT: $5.12 1/2 Support, under =$5.00; Resistance $5.01

JULY WHEAT: Failed. Resistance $5.37 1/4; Support $4.87 1/4

JUNE GOLD: Resistance $1150, over=$1220+; Support $1120, under+1100

APRIL LEAN HOGS: MET Obj. of $73-$74

Support $73.00, under=$70.00; may raise to new Obj. of $82.00  more tomorrow.

APRIL LIVE CATTLE: Achieved Obj. ...Under $93.00 cud see $91.00; may raise to new Obj of $98.00 more tomorrow.

AUGUST FEEDERS: Close to upside Objective. More next week.

APRIL LIVE CATTLE: Resistance $91.92 - $92.00, $92.30, $92.90; support $91.10, $90.50

AUGUST FEEDER CATTLE: Support $105.00, under =$103.50; Resistance=0, objective $109.00 close below $105.00 dictates Caution.

APRIL LEAN HOGS: $72.00 Support, under=$69.10; Obj. $76.00, would expect some downside reaction if $76.00 is achieved.

JUNE COMEX GOLD: Resistance $1120, if over=$1220; support $1120, $1090.

KCJULY WHEAT: Resistance $5.50, over =$6.12; support $5.27, under=$5.24, $5.12 1/2

JULY WHEAT: Resistance $5.37 1/2, over=$6.12; Support $5.16, $5.12 1/2

JULY SOYBEANS: Resistance $9.90, over=$10.50 objective; support $9.58-$9.60, under=$9.30

JULY CORN: Resistance $4.01 3/4 - $4.03, over=$4.50 obj.; Support $4.00, under=$3.90.

JULY COTTON: Obj $83-$84, Support $80, under=$75.

MARCH RICE: Resistance $13.60, over obj=$14.00; mkt has basing action & could go significantly higher over long term; close under $13.44=more downside.

JULY SILVER: $16.50 support, obj $18.00, under $16.50=$15.70. If clears $18.00, next is $20.00

JUNE COPPER: Resistance $3.40, over=$3.70; support $31.50; Long term POSSIBLE obj $4.50.

JULY CORN: Resistance $3.96-$4.00, close over=$4.37 1/2, Support $3.86, $3.80, close under $3.75=v bearish.

JUNE GOLD: $1120 Resistance, close over=$1140 & bullish sets up obj to $1220; Support $1100, close under =$1060.

JULY SOYBEANS: Support $9.55, under=$9.30, close under that=$8.90 & ugly; Resistance $9.87, close over= $10.50 obj.

JULY WHEAT: Mkt is weak, if closes poorly cud get ugly. $5.14 support, under=negative; Resistance $5.17, close over=$5.37 1/4.

KCJULY WHEAT: SAME AS CHGO

APRIL LIVE HOGS: Obj. $74.00 plus, Support=$70.00

APRIL LIVE CATTLE: Support $91.80, under=$90.80, close under=$86.00

AUGUST FEEDER CATTLE: Support $104.00, under=$102.90, Resistance & Obj. $107.00