KEY EVENTS TO WATCH FOR:

Tuesday, February 12, 2019 

6:00 AM ET. January NFIB Index of Small Business Optimism

                       Small Business Idx (previous 104.4)

7:45 AM ET. The Retail Economist/Goldman Sachs Weekly Chain Store Sales Index

                       Chain Store Sales, W/W% (previous -1.5%)

                       Chain Store Sales, M/M% (previous +2.6%)

8:55 AM ET. Johnson Redbook Retail Sales Index

                       Ret Sales Mo-to-Date, M/M% (previous -2.0%)

                       Ret Sales Mo-to-Date, Y/Y% (previous +6.3%)

                       Latest Wk, Y/Y% (previous +5.7%)

10:00 AM ET. December Job Openings & Labor Turnover Survey

4:30 PM ET. API Weekly Statistical Bulletin

                       Crude Stocks, Net Chg (Bbls) (previous +2.5M)

                       Gasoline Stocks, Net Chg (Bbls) (previous +1.7M)

                       Distillate Stocks, Net Chg (Bbls) (previous +0.1M)

  N/A              FAA UAS Symposium in the U.S.

Wednesday, February 13, 2019 

7:00 AM ET. MBA Weekly Mortgage Applications Survey

                       Composite Idx (previous 378.9)

                       Composite Idx, W/W% (previous -2.5%)

                       Purchase Idx-SA (previous 253.1)

                       Purchase Idx-SA, W/W% (previous -4.9%)

                       Refinance Idx (previous 1053.4)

                       Refinance Idx, W/W% (previous +0.3%)

8:30 AM ET. January Real Earnings

8:30 AM ET. January CPI

                       CPI, M/M% (expected +0.1%; previous -0.1%)

                       Core CPI, M/M% (expected +0.2%; previous +0.2%)

                       Energy Idx, M/M% (previous -3.5%)

                       Food Idx, M/M% (previous +0.4%)

                       Real Avg Wkly Pay-Infla Adj, M/M% (previous +0.7%)

                       CPI, Y/Y% (expected +1.5%; previous +1.9%)

                       Core Annual, Y/Y% (expected +2.1%; previous +2.2%)

10:30 AM ET. EIA Weekly Petroleum Status Report

                       Crude Oil Stocks (Bbl) (previous 447.207M)

                       Crude Oil Stocks, Net Chg (Bbl) (previous +1.263M)

                       Gasoline Stocks (Bbl) (previous 257.893M)

                       Gasoline Stocks, Net Chg (Bbl) (previous +0.513M)

                       Distillate Stocks (Bbl) (previous 139.013M)

                       Distillate Stocks, Net Chg (Bbl) (previous -2.257M)

                       Refinery Usage (previous 90.7%)

                       Total Prod Supplied (Bbl/day) (previous 21.838M)

                       Total Prod Supplied, Net Chg (Bbl/day) (previous +1.023M)

Thursday, February 14, 2019 

8:30 AM ET. January PPI

                       PPI, M/M% (expected +0.1%; previous -0.2%)

                       Ex-Food & Energy PPI, M/M% (expected +0.2%; previous -0.1%)

                       Personal Consumption (previous -0.2%)

8:30 AM ET. U.S. Weekly Export Sales

                       Corn (Metric Tons)

                       Soybeans (Metric Tons)

                       Wheat (Metric Tons)

8:30 AM ET. December Advance Monthly Sales for Retail & Food Services * Release

                      delayed from 16 Jan due to the partial shutdown of the U.S.

                      federal government which ended 25 January

                       Overall Sales-SA, M/M% (expected +0.1%; previous +0.2%)

                       Sales, Ex-Auto, M/M% (expected +0.1%; previous +0.2%)

                       Sales, Ex-Auto & Gas, M/M% (previous +0.5%)

8:30 AM ET. Unemployment Insurance Weekly Claims Report - Initial Claims

                       Jobless Claims (expected 222K; previous 234K)

                       Jobless Claims, Net Chg (previous -19K)

                       Continuing Claims (previous 1736000)

                       Continuing Claims, Net Chg (previous -42K)

9:45 AM ET. Bloomberg Consumer Comfort Index

10:00 AM ET. November Manufacturing & Trade: Inventories & Sales * Release delayed

                        from 16 Jan due to the partial shutdown of the U.S. federal

                        government which ended 25 Jan

                       Total Inventories (expected +0.2%; previous +0.6%)

10:30 AM ET. EIA Weekly Natural Gas Storage Report

                       Working Gas In Storage (Cbf) (previous 1960B)

                       Working Gas In Storage, Net Chg (Cbf) (previous -237B)

2:00 PM ET. SEC Closed Meeting

4:30 PM ET. Money Stock Measures

4:30 PM ET. Foreign Central Bank Holdings

4:30 PM ET. Federal Discount Window Borrowings

Friday, February 15, 2019 

8:30 AM ET. January Import & Export Price Indexes

                       Import Prices (expected +0.1%; previous -1.0%)

                       Non-Petroleum Prices (previous +0.3%)

                       Petroleum Prices (previous -11.6%)

8:30 AM ET. February Empire State Manufacturing Survey

                       Mfg Idx (expected 6.0; previous 3.9)

                       Employment Idx (previous 7.4)

                       New Orders Idx (previous 3.5)

                       Prices Received (previous 13.1)

9:15 AM ET. January Industrial Production & Capacity Utilization

                       Industrial Production, M/M% (expected +0.2%; previous +0.3%)

                       Capacity Utilization % (expected 78.8%; previous 78.7%)

                       Capacity Utilization, Net Chg (Pts) (previous +0.1)

10:00 AM ET. February University of Michigan Survey of Consumers – preliminary

                       Mid-Mo Sentiment (expected 92.5; previous 90.7)

                       Mid-Mo Expectations (previous 78.3)

                       Mid-Mo Current Idx  (previous 110.0)

4:00 PM ET. December Treasury International Capital Data

  N/A              Deadline for new funding deal to avert another partial U.S.

                    Govt shutdown

  N/A              U.S: Susan B. Anthony Day state holiday in Florida

Monday, February 18, 2019 

  N/A              U.S. Presidents Day / Washington's Birthday. Financial markets closed

The STOCK INDEXES? http://quotes.ino.com/ex?changes/?c=indexes ""

The March NASDAQ 100 closed slightly lower on Monday as the stock indexes struggled for direction today as a round of U.S.-China tariff negotiations in Beijing commenced and as the threat of another partial government shutdown are on the horizon. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 6797.65 are needed to confirm that a short-term top has been posted. If March extends the rally off December's low, December's high crossing at 7169.00 is the next upside target. First resistance is December's high crossing at 7169.00. Second resistance is the 75% retracement level of the October-December-decline crossing at 7280.27. First support is the 20-day moving average crossing at 6797.68. Second support is the 50-day moving average crossing at 6646.82.  

The March S&P 500 closed lower on Monday due to profit taking. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 2668.17 would confirm that a short-term top has been posted. If March extends the rally off December's low, the 75% retracement level of the September-December-decline crossing at 2789.62 is the next upside target. First resistance is the 75% retracement level of the September-December-decline crossing at 2789.62. Second resistance is the 87% retracement level of the September-December-decline crossing at 2865.28. First support is the 20-day moving average crossing at 2668.17. Second support is the 50-day moving average crossing at 2615.52.  

The Dow closed lower on Monday due to profit taking.Stochastics and the RSI have turned neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 24,753.10 would confirm that a short-term top has been posted. If the Dow extends the rally off December's low, the 75% retracement level of the October-December-decline crossing at 25,663.83 is the next upside target. First resistance is last-Wednesday's high crossing at 25,439.04. Second resistance is the 75% retracement level of the October-December-decline crossing at 25,661.68. First support is the 20-day moving average crossing at 24,753.10. Second support is the 50-day moving average crossing at 24,245.52.

INTEREST RATES? http://quotes.ino.com/ex?changes/?c=interest ""

March T-bonds closed down 14/32's at 146-14.

March T-bonds closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off January's low, January's high crossing at 148-27 is the next upside target. If March resumes the decline off January's high, the 38% retracement level of the November-January-rally crossing at 144-00 is the next downside target. First resistance is the reaction high crossing at 146-30. Second resistance is January's high crossing at 148-27. First support is the 38% retracement level of the November-January-rally crossing at 144-30. Second support is the 50% retracement level of the November-January-rally crossing at 142-16.         

March T-notes closed down 75 points at 122.045.

March T-notes closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March resumes the rally off January's low, January's high crossing at 123.055 is the next upside target. If March renews the decline off January's high, the 38% retracement level of the October-January-rally crossing at 120-301 is the next downside target. First resistance is last-Thursday's high crossing at 122.165. Second resistance is January's high crossing at 123.055. First support is the 38% retracement level of the October-December-rally crossing at 120.301. Second support is the 50% retracement level of the October-December-decline crossing at 120.071.        

ENERGY MARKETS? http://quotes.ino.com/ex?changes/?c=energy ""

March crude oil closed slightly lower on Monday as it extended the decline off February's high.The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 50.66 are needed to confirm that a short-term top has been posted. If March resumes the rally off December's low, the 50% retracement level of the October-December-decline crossing at 59.53 is the next upside target. First resistance is the 38% retracement level of the October-December-decline crossing at 55.55. Second resistance is the 50% retracement level of the October-December-decline crossing at 59.53. First support is the reaction low crossing at 50.66. Second support is December's low crossing at 45.13.

March heating oil closed lower on Monday while extending the trading range of the past four-weeks. The low-range close sets the stage for a steady to lower opening when Tuesday's night trading session begins. Stochastics and the RSI are diverging and are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 182.80 would confirm that a short-term top has been posted. If March renews the rally off December's low, the 50% retracement level of the October-December-decline crossing at 203.52 is the next upside target. First resistance is the 38% retracement level of the October-December-decline crossing at 193.75. Second resistance is the 50% retracement level of the October-December-decline crossing at 203.52. First support is the reaction low crossing at 182.80. Second support is December's low crossing at 162.35. 

March unleaded gas closed lower on Monday while extending the trading range of the past five-weeks. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 134.13 would confirm that a short-term top has been posted. Closes above last-Monday's high crossing at 148.50 would mark an upside breakout of the neckline of a inverted head-and-shoulders bottom while opening the door for a possible test of the 38% retracement level of the October-December-decline crossing at 160.10 later this winter. First resistance is the 25% retracement level of the October-December-decline crossing at 147.65. Second resistance is the 38% retracement level of the October-December-decline crossing at 160.10. First support is last-Monday's low crossing at 134.13. Second support is December's low crossing at 124.24. 

March Henry natural gas gapped up and closed slightly higher on Monday as it consolidates some of the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold and are turning neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 2.906 would confirm that a short-term low has been posted. If March extends the decline off January's high, weekly support crossing at 2.432 is the next downside target. First resistance is the 20-day moving average crossing at 3.906. Second resistance is the reaction high crossing at 3.090. First support is last-Thursday's low crossing at 2.549. Second support is weekly support crossing at 2.432.     

CURRENCIES? http://quotes.ino.com/ex?changes/?c=currencies ""

The March Dollar closed sharply higher for the eighth-day in a row on Monday as it extends the rally off the late-January low. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off last-Thursday's low, December's high crossing at 97.20 is the next upside target. Closes below the 20-day moving average crossing at 95.82 would confirm that a short-term top has been posted. First resistance is today's high crossing at 96.92. Second resistance is December's high crossing at 97.20. First support is the 62% retracement level of the September-December-rally crossing at 94.54. Second support is the 75% retracement level of the September-December-rally crossing at 93.97.    

The March Euro closed  lower on Monday as it extends the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the aforementioned decline, the 87% retracement level of the 2016-2018 rally crossing at 111.94 is the next downside target. Closes above the 50-day moving average crossing at 114.64 would confirm that a short-term low has been posted. First resistance is the reaction high crossing at 115.57. Second resistance is January's high crossing at 116.33. First support is today's low crossing at 113.00. Second support is the 87% retracement level of the 2016-2018 rally crossing at 111.94.      

The March British Pound closed lower on Monday as it extends the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the 50-day moving average crossing at 1.2858 is the next downside target. Closes above  crossing at 1.3062 would confirm that a short-term low has been posted. First resistance is January's high crossing at 1.3252. Second resistance is October's high crossing at 1.3356. First support is the 50-day moving average crossing at 1.2858. Second support is the reaction low crossing at 1.2707.   

The March Swiss Franc closed lower on Monday as it extended the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading.Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this winter's decline, weekly support crossing at 0.9904 is the next downside target. Closes above the 50-day moving average crossing at 1.0146 would confirm that a short-term low has been posted. First resistance is the 50-day moving average crossing at 1.0146. Second resistance is the reaction high crossing at 1.0265. First support is today's low crossing at 0.9978. Second support is weekly support crossing at 0.9904.

The March Canadian Dollar closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this month's decline, the reaction low crossing at 74.85 is the next downside target. Closes above the 10-day moving average crossing at 75.86 would confirm that a short-term low has been posted. First resistance is the 62% retracement level of the October-December-decline crossing at 76.49. Second resistance is the 75% retracement level of the October-December-decline crossing at 77.18. First support is the 50-day moving average crossing at 75.09. Second support is the reaction low crossing at 74.85.  

The March Japanese Yen closed lower on Monday and below the 50-day moving average crossing at 0.0910 thereby opening the door for additional weakness near-term. The low-range close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the reaction low crossing at 0.0904 is the next downside target. Closes above the reaction high crossing at 0.0925 are needed to confirm that a short-term low has been posted. First resistance is the reaction high crossing at 0.0925. Second resistance is the reaction high crossing at 0.0933. First support is the reaction low crossing at 0.0904. Second support is the reaction low crossing at 0.0886.  

PRECIOUS METALS? http://quotes.ino.com/ex?changes/?c=metals ""

April gold closed lower on Monday due to strength in the US Dollar. The mid-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1307.10 would confirm that a short-term top has been posted. If April renews the rally off November's low, the 75% retracement level of the April-August-Decline crossing at 1349.50 is the next upside target. First resistance is January's high crossing at 1331.10. Second resistance is the 75% retracement level of the April-August-decline crossing at 1349.50. First support is the 20-day moving average crossing at 1307.10. Second support is January's low crossing at 1281.50.

March silver closed lower on Monday. The low-range close set the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. If March extends the aforementioned decline, the 50-day moving average crossing at 15.289 is the next downside target. If March resumes the rally off November's low, the 50% retracement level of the 2017-2018-decline crossing at 16.279 is the next upside target. First resistance is January's high crossing at 16.200. Second resistance is the 50% retracement level of the 2017-2018-decline crossing at 16.279. First support is the 50-day moving average crossing at 15.289. Second support is January's low crossing at 15.195.          

March copper closed lower on Monday as it consolidates some of the rally off January's low. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 273.26 would confirm that a short-term top has been posted. If March extends the rally, September's high crossing at 288.80 is the next upside target. First resistance is December's high crossing at 285.80. Second resistance is September's high crossing at 288.80. First support is the reaction low crossing at 263.45. Second support is January's low crossing at 254.30. 

GRAINS? http://quotes.ino.com/ex?changes/?c=grains "

March Corn closed down 1 1/2-cents at 3.72 3/4. 

March corn closed lower on Monday due to follow through selling after posting a key reversal down last-Friday. The mid-range close sets the stage for a steady to lower opening when Tuesday's night sessions begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends today's decline, January's low crossing at 3.71 an possibly November's low crossing at 3.67 1/4 are the next downside targets. Closes above January's high crossing at 3.84 1/2 are needed to confirm that a short-term low has been posted. First resistance is January's high crossing at 3.84 1/2. Second resistance is December's high crossing at 3.87 3/4. First support is January's low crossing at 3.71. Second support is November's low crossing at 3.67 1/4.  

March wheat closed up a 1/4-cent at 5.18 1/4. 

March wheat closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 5.08 would confirm that a short-term top has been posted. If March extends the rally off January's low, December's high crossing at 5.38 1/2 is the next upside target. First resistance is December's high crossing at 5.38 1/2. Second resistance is October's high crossing at 5.46 1/2. First support is the reaction low crossing at 5.08. Second support is January's low crossing at 5.01 1/4.     

March Kansas City Wheat closed down a 1/2-cent at 4.93 3/4.

March Kansas City wheat closed fractionally lower on Monday and below support marked by the bottom of this year's symmetrical triangle crossing near 4.93 1/2. The recent breakout below the aforementioned support level opens the door for a possible test of November's low crossing at 4.82 1/4. The high-range close sets the stage for a steady to higher opening when Tuesday night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews the rally off December's low, December's high crossing at 5.24 1/2 is the next upside target. First resistance is December's high crossing at 5.24 1/2. Second resistance is November's high crossing at 5.33 3/4. First support is December's low crossing at 4.87 1/4. Second support is November's low crossing at 4.82 1/4.  

March Minneapolis wheat closed up 5 1/4-cents at 5.73 3/4. 

March Minneapolis wheat closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 5.61 are needed to confirm a downside breakout of the January-February trading range. If March renews the rally off December's low, December's high crossing at 5.89 1/2 is the next upside target. First resistance is December's high crossing at 5.89 1/2. Second resistance is November's high crossing at 5.93. First support is the reaction low crossing at 5.61. Second support is December's low crossing at 5.44 1/2.    

SOYBEAN COMPLEX? http://quotes.ino.com/ex?changes/?c=grains "

March soybeans closed down 8 3/4-cents at 9.05 3/4.

March soybeans closed lower on Monday despite last-Friday's neutral to slightly friendly WASDE report. Uncertainty over US/China trade negations continue to weigh on soybean prices near-term. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. Today's close below the 50-day moving average crossing at 9.13 confirms that a short-term top has been posted. If March renews the rally off September's low, December's high crossing at 9.41 is the next upside target. First resistance is December's high crossing at 9.41. Second resistance is the 50% retracement level of the April-September-2018 decline crossing at 9.46 1/2. First support is January's low crossing at 8.91 1/4. Second support is December's low crossing at 8.80 1/4.  

March soybean meal closed down $1.00 at 305.10. 

March soybean meal closed lower on Monday as it extends the decline off January's high. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, September's low crossing at 303.40 is the next downside target. Closes above the 20-day moving average crossing at 310.80 would temper the bearish outlook. First resistance is the reaction high crossing at 317.40. Second resistance is January's high crossing at 324.60. First support is today's low crossing at 304.30. Second support is September's low crossing at 303.40.  

March soybean oil closed down 62 pts. at 30.25. 

March soybean oil closed sharply lower on Monday as it consolidated some of the rally off November's low. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are overbought and are turning neutral to bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 29.73 are needed to confirm that a short-term top has been posted. If March extends the rally off December's low, the 50% retracement level of the 2017-2018-decline crossing at 31.69 is the next upside target. First resistance is last-Thursday's high crossing at 31.01. Second resistance is the 50% retracement level of the 2017-2018-decline crossing at 31.69. First support is the 20-day moving average crossing at 29.73. Second support is the 50-day moving average crossing at 28.99.    

LIVESTOCKhttp://quotes.ino.com/exchanges/?c=livestock 

April hogs closed up $0.65 at $59.08. 

April hogs posted an upside reversal on Monday as it consolidated some of the decline off November's high. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If April extends the decline off November's high, July's low crossing at 57.80 is the next downside target. Closes above the 20-day moving average crossing at 62.82 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 62.82. Second resistance is the 50-day moving average crossing at 66.50. First support is today's low crossing at 57.87. Second support is July's low crossing at 57.80.   

April cattle closed up $0.38 at 128.30. 

April cattle closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends the rally off November's low, weekly resistance crossing at 134.55 is the next upside target. Closes below the 50-day moving average crossing at 125.60 would confirm that a short-term top has been posted. First resistance is January's high crossing at 129.48. Second resistance is weekly resistance crossing at 134.55. First support is the 50-day moving average crossing at 125.60. Second support is January's low crossing at 123.50.   

March Feeder cattle closed up $0.58 at $144.68. 

March Feeder cattle closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday's session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 145.58 would temper the bearish outlook. If March renews the decline off December's high, December's low crossing at 140.35 is the next downside target. First resistance is the reaction high crossing at 146.47. Second resistance is December's high crossing at 147.58. First support is January's low crossing at 141.20. Second support is December's low crossing at 140.35.  

FOOD & FIBERhttp://quotes.ino.com/ex changes/?c=food 

March coffee closed lower on Monday and below the reaction low crossing at 10.15 confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes above the reaction high crossing at 10.72 would renew the rally off December's low.

March cocoa closed higher on Monday. The mid-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March resumes the decline off December's high, December's low crossing at 20.95 is the next downside target. Closes above the 20-day moving average crossing at 22.44 would confirm that a short-term low has been posted.      

March sugar closed slightly lower on Monday. The mid-range close set the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off January's low, the reaction high crossing at 13.54 is the next upside target. If March renews the decline off January's high, January's low crossing at 11.69 is the next downside target. 

March cotton closed sharply lower on Monday as it renewed the decline off the June 2018 high. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off December's high, the 75% retracement level of the 2016-2018-rally crossing at 74.04 is the next downside target. Closes above the 50-day moving average crossing at 74.89 would confirm that a short-term low has been posted.