INO Morning Market Commentary
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Started by tallpine - Jan. 4, 2023, 7:52 a.m.

KEY EVENTS TO WATCH FOR:

 



 

 

Wednesday, January 4, 2023   

 



 

 

7:00 AM ET. MBA Weekly Mortgage Applications Survey

 

                       Composite Idx (previous 212.5)

 

                       Composite Idx, W/W% (previous +0.9%)

 

                       Purchase Idx-SA (previous 182.5)

 

                       Purchase Idx-SA, W/W% (previous -0.1%)

 

                       Refinance Idx (previous 371.4)

 

                       Refinance Idx, W/W% (previous +6.0%)

 



 

 

7:00 AM ET. MBA Weekly Mortgage Applications Survey

 

                       Composite Idx (previous 212.5)

 

                       Composite Idx, W/W% (previous +0.9%)

 

                       Purchase Idx-SA (previous 182.5)

 

                       Purchase Idx-SA, W/W% (previous -0.1%)

 

                       Refinance Idx (previous 371.4)

 

                       Refinance Idx, W/W% (previous +6.0%)

 



 

 

8:55 AM ET. Johnson Redbook Retail Sales Index

 

                       Ret Sales Mo-to-Date, Y/Y% (previous +7.2%)

 

                       Latest Wk, Y/Y% (previous +9.6%)

 



 

 

10:00 AM ET. December ISM Report On Business Manufacturing PMI

 

                       Manufacturing PMI (expected 48.8; previous 49.0)

 

                       Prices Idx (previous 43.0)

 

                       Employment Idx (previous 48.4)

 

                       Inventories (previous 50.9)

 

                       New Orders Idx (previous 47.2)

 

                       Production Idx (previous 51.5)

 



 

 

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

 



 

 

2:00 PM ET. Federal Open Market Committee meeting minutes and economic forecast

 



 

 

4:00 PM ET. December Domestic Auto Industry Sales

 



 

 

4:30 PM ET. API Weekly Statistical Bulletin

 

                       Crude Stocks, Net Chg (Bbls) (previous -1.3M)

 

                       Gasoline Stocks, Net Chg (Bbls) (previous +0.5M)

 

                       Distillate Stocks, Net Chg (Bbls) (previous +0.4M)

 



 

 

Thursday, January 5, 2023

 



 

 

N/A 1st Quarter Manpower U.S. Employment Outlook Survey

 



 

 

7:30 AM ET. December Challenger Job-Cut Report

 

                       Job Cuts, M/M% (previous +127%)

 



 

 

8:15 AM ET. December ADP National Employment Report

 

                       Private Sector Jobs, Net Chg (expected +158000; previous +127000)

 



 

 

8:30 AM ET. November U.S. International Trade in Goods & Services

 

                       Trade Balance (USD) (expected -68.2B; previous -78.16B)

 

                       Exports (USD) (previous 256.63B)

 

                       Exports, M/M% (previous -0.7%)

 

                       Imports (USD) (previous 334.79B)

 

                       Imports, M/M% (previous +0.6%)

 



 

 

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

 

                       Jobless Claims (expected 225K; previous 225K)

 

                       Jobless Claims, Net Chg (previous +9K)

 

                       Continuing Claims (previous 1710000)

 

                       Continuing Claims, Net Chg (previous +41K)

 



 

 

9:45 AM ET. December US Services PMI

 

                       PMI, Services (previous 46.2)

 



 

 

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

 

                       Working Gas In Storage (Cbf) (previous 3112B)

 

                       Working Gas In Storage, Net Chg (previous -213B)

 

                        

 

11:00 AM ET. EIA Weekly Petroleum Status Report

 

                       Crude Oil Stocks (Bbl) (previous 418.952M)

 

                       Crude Oil Stocks, Net Chg (Bbl) (previous +0.718M)

 

                       Gasoline Stocks (Bbl) (previous 223.008M)

 

                       Gasoline Stocks, Net Chg (Bbl) (previous -3.105M)

 

                       Distillate Stocks (Bbl) (previous 120.212M)

 

                       Distillate Stocks, Net Chg (Bbl) (previous +0.283M)

 

                       Refinery Usage (previous 92.0%)

 

                       Total Prod Supplied (Bbl/day) (previous 22.822M)

 

                       Total Prod Supplied, Net Chg (Bbl/day) (previous +1.898M)

 

                        

 

11:00 AM ET. December Global Services PMI

 

                       PMI, Services (previous 48.1)

 



 

 

12:00 PM ET. December Monthly U.S. Retail Chain Store Sales Index

 



 

 

2:00 PM ET. SEC Closed Meeting

 

4:30 PM ET. Federal Discount Window Borrowings

 



 

 

4:30 PM ET. Foreign Central Bank Holdings

 



 

 

Friday, January 6, 2023  

 



 

 

8:30 AM ET. December U.S. Employment Report

 

                       Non-Farm Payrolls (expected +180K; previous +263K)

 

                       Unemployment Rate (expected 3.7%; previous 3.7%)

 

                       Avg Hourly Earnings (USD) (previous 32.82)

 

                       Avg Hourly Earnings-Net Chg (USD) (previous +0.18)

 

                       Avg Hourly Earnings, M/M% (expected +0.4%; previous +0.55%)

 

                       Avg Hourly Earnings, Y/Y% (previous +5.09%)

 

                       Overall Workweek (previous 34.4)

 

                       Overall Workweek Net Chg (previous -0.1)

 

                       Government Payrolls (previous +42K)

 

                       Private Payroll (previous +221K)

 

                       Participation Rate (previous 62.1%)

 

                       Non-Farm Payrolls Bench Net Chg

 



 

 

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

 



 

 

10:00 AM ET. December ISM Report On Business Services PMI

 

                       Services PMI (expected 55.1; previous 56.5)

 

                       Business Activity Idx (previous 64.7)

 

                       Prices Idx (previous 70.0)

 

                       Employment Idx (previous 51.5)

 

                       New Orders Idx (previous 56.0)

 



 

 

10:00 AM ET. November Manufacturers' Shipments, Inventories & Orders (M3)

 

                       Total Orders, M/M% (expected -1.0%; previous +1.0%)

 

                       Orders, Ex-Defense, M/M% (previous +0.9%)

 

                       Orders, Ex-Transport, M/M% (previous +0.8%)

 

                       Durable Goods, M/M%

 



 

 

Monday, January 9, 2023  

 



 

 

10:00 AM ET. December Employment Trends Index

 

                       ETI (previous 117.65)

 

                       ETI, Y/Y%

 



 

 

3:00 PM ET. November Consumer Credit

 

                       Consumer Credit Net Chg (USD) (previous +27.0B)

 



 

 

Tuesday, January 10, 2023  

 



 

 

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

 

                       Small Business Idx (previous 91.9)

 



 

 

8:55 PM ET. Johnson Redbook Retail Sales Index

 

                       Ret Sales Mo-to-Date, Y/Y%

 

                       Latest Wk, Y/Y%

 



 

 

10:00 AM ET. January IBD/TIPP Economic Optimism Index

 

                       Economic Optimism Idx (previous 42.9)

 

                       6-Mo Economic Outlook (previous 37.7)

 



 

 

10:00 AM ET. November Monthly Wholesale Trade

 

                       Inventories, M/M% (previous +0.5%)

 



 

 

4:30 PM ET. API Weekly Statistical Bulletin

 

                       Crude Stocks, Net Chg (Bbls)

 

                       Gasoline Stocks, Net Chg (Bbls)

 

                       Distillate Stocks, Net Chg (Bbls)

 



 

 

  N/A               World Bank's Global Economic Prospects report

 



 

 

Wednesday, January 11, 2023  

 

7:00 AM ET. MBA Weekly Mortgage Applications Survey

 

                       Composite Idx

 

                       Composite Idx, W/W%

 

                       Purchase Idx-SA

 

                       Purchase Idx-SA, W/W%

 

                       Refinance Idx

 

                       Refinance Idx, W/W%

 



 

 

10:00 AM ET. December Online Help Wanted Index

 



 

 

  N/A               EIA Weekly Petroleum Status Report

 

                       Crude Oil Stocks (Bbl)

 

                       Crude Oil Stocks, Net Chg (Bbl)  Gasoline Stocks (Bbl)

 

                       Gasoline Stocks, Net Chg (Bbl)

 

                       Distillate Stocks (Bbl)

 

                       Distillate Stocks, Net Chg (Bbl)

 

                       Refinery Usage

 

                       Total Prod Supplied (Bbl/day)

 

                       Total Prod Supplied, Net Chg

 

                       (Bbl/day)

 


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

 



 

The STOCK INDEXES: The March NASDAQ 100 was higher overnight as it extends the trading range of the past six-days and sets the stage for a higher opening when the day session begins trading.Stochastics and the RSI are oversold but are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 11,337.20 would signal that a short-term low has been posted. If March resumes the decline off December's high, October's low crossing at 10,595.25 is the next downside target. First resistance is the 20-day moving average crossing at 11,337.20. Second resistance is the 50-day moving average crossing at 11,525.52. First support is November's low crossing at 10,746.75. Second support is October's low crossing at 10,595.25.



The March S&P 500 was higher overnight as it extends the trading range of the past three-weeks. Overnight trading sets the stage for a steady to higher opening when the day session begins trading. Stochastics and the RSI are oversold but remain neutral signaling that sideways trading is possible near-term. Closes above the 50-day moving average crossing at 3938.82 would signal that a short-term low has been posted. If March renews the decline off December's high, November's low crossing at 3735.00 is the next downside target. First resistance is the 50-day moving average crossing at 3938.82. Second resistance is the 75% retracement level of the August-October decline crossing at 4155.39. First support is the November 9th low crossing at 3782.75. Second support is November's low crossing at 3735.00. 



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



INTEREST RATES: March T-bonds was higher overnight as it consolidates some of the decline off December's high. Overnight strength sets the stage for a higher opening when the day session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 128-24 would signal that a short-term low has been posted. If March renews the aforementioned decline, the 62% retracement level of the October-December rally crossing at 123-06 is the next downside target. First resistance is the 20-day moving average crossing at 128-24. Second resistance is December's high crossing at 132-15. First support is the 50% retracement level of the October-December rally crossing at 124-31. Second support is the 62% retracement level of the October-December rally crossing at 123-06.  



March T-notes were higher overnight as it consolidates some of the decline off December high. Overnight trading sets the stage for a higher opening when the day session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 113.228 would signal that a low has been posted. If March renews the decline off December's high, the 62% retracement level of the October-December rally crossing at 111.174 is the next downside target. First resistance is the 20-day moving average crossing at 113.228. Second resistance is December's high crossing at 115.115. First support is the 50% retracement level of the October-December rally crossing at 112.087. Second support is the 62% retracement level of the October-December rally crossing at 111.174. 



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



ENERGIES:Februarycrude oil was lower overnight following Tuesday's key reversal down. Overnight trading sets the stage for a lower opening when the day 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 20-day moving average crossing at $76.11 would signal that a short-term top has been posted. If February renews the rally off December's low, December's high crossing at $83.27 is the next upside target. First resistance is the 50-day moving average crossing at $80.31. Second resistance is December's high crossing at $83.27. First support is the 20-day moving average crossing at $76.11. Second support is the December 16th low crossing at $73.40.  



February heating oil was lower overnight as it extends Tuesday's key reversal down. Overnight trading sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $3.0769 would signal that a short-term top has been posted. Closes above the 50-day moving average crossing at $3.2280 would signal that a short-term low has been posted. First resistance is last-Tuesday's high crossing at $3.3543. Second resistance is the November 15th high crossing at $3.4722. First support is the 20-day moving average crossing at $3.0768. Second support is the December 20th low crossing at $2.9682.    



February unleaded gas was lower overnight following Tuesday's key reversal down signaling that a short-term top has been posted. Overnight weakness sets the stage for a lower opening when the day 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 20-day moving average crossing at $2.2406 would signal that a short-term top has been posted. If February resumes the rally off December's low, the November 14th high crossing at $2.5783 is the next upside target. First resistance is last-Friday's high crossing at $2.5233. Second resistance is the November 14th high crossing at $2.5783. First support is the 20-day moving average crossing at $2.2406. Second support is the December 16th low crossing at $2.1157.  



February natural gas was steady to slightly higher overnight as it consolidates some of Tuesday's decline. Overnight trading sets the stage for a steady to slightly higher opening when the day 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 February extends the decline off November's high, the 87% retracement level of the 2020-2022 rally crossing at 3.491 is the next downside target, Closes above the 20-day moving average crossing at 5.402 would signal that a short-term low has been posted. First resistance is the 10-day moving average crossing at 4.718. Second resistance is the 20-day moving average crossing at 5.402. First support is Tuesday's low crossing at 3.894. Second support is the 87% retracement level of the 2020-2022 rally crossing at 3.491. 



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



CURRENCIES:The March Dollar was lower overnight and is working on a possible inside day as it extends the trading range of the past three-weeks. Overnight trading sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at $105.445 would mark an upside breakout of the aforementioned trading range. If March renews the decline off September's high, the 75% retracement level of the March-September rally crossing at $101.331 is the next downside target. First resistance is the reaction high crossing at $105.445. Second resistance is the 50-day moving average crossing at $106.252. First support is the December 15th low crossing at $102.875. Second support is the 75% retracement level of the March-September rally crossing at $101.331.



The March Euro was higher overnight as it consolidates some of Tuesday's decline. Overnight trading sets the stage for a higher opening when the day session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends Tuesday's decline, the December 7th low crossing at $1.05210 is the next downside target. If March renews the rally off September's low, the March 31st high crossing at $1.09680 is the next upside target. First resistance is the 25% retracement level of the 2021-2022 crossing at $1.08062. Second resistance is the March 31st high crossing at $1.09680. First support is the December 7th low crossing at $1.05210. Second support is the 50-day moving average crossing at $1.04360.  



The March British Pound was higher overnight as it rebounds off support marked by the 50-day moving average crossing at 1.1942. Overnight trading sets the stage for a higher opening when the day session begins trading. Stochastics and the RSI are oversold but are turning neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 1.2175 would signal the a short-term low has likely been posted. Closes below the 50-day moving average crossing at 1.1942 would open the door for a possible test of the November 17th low crossing at 1.1804. First resistance is the 20-day moving average crossing at 1.2175. Second resistance is December's high crossing at 1.2477. First support is the 50-day moving average crossing at 1.1942. Second support is the November 17th low crossing at 1.1804.    



The March Swiss Franc was higher overnight as it consolidates some of Tuesday's sharp decline and is poised to resume the trading range of the past three-weeks. Overnight trading sets the stage for a higher opening when the day 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 December 6th low crossing at 1.07000 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. If March resumes the rally off the November 21st low, the 62% retracement level of the 2021-2022 decline crossing at 1.10351 is the next upside target. First resistance is December's high crossing at 1.09665. Second resistance is the 62% retracement level of the 2021-2022 decline crossing at 1.10351. First support is the December 6th low crossing at 1.07000. Second support is the 50-day moving average crossing at 1.06284.

 

The March Canadian Dollar was higher overnight erasing most of Tuesday's loss while extending December's trading range. Overnight trading sets the stage for a higher opening when the day session begins trading. 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 November's high, November's low crossing at $72.58 is the next downside target. Closes above last-Tuesday's high crossing at $74.22 would mark a potential upside breakout of December's trading range. First resistance is last-Tuesday's high crossing at $74.22. Second resistance is the December 5th high crossing at $74.82. First support is the December 20th low crossing at $73.04. Second support is November low crossing at $72.58.



The March Japanese Yen was steady to slightly lower in late-overnight trading. Overnight trading sets the stage for a slightly lower opening when the day 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 renews the rally off October's, the August high crossing at 0.078135 is the next upside target. Closes below the 20-day moving average crossing at 0.075253 would signal that a short-term top has been posted. First resistance is Tuesday's high crossing at 0.077935. Second resistance is the August high crossing at 0.078135. First support is the 20-day moving average crossing at 0.075253. Second support is the December 15th low crossing at 0.073210.  

 

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



PRECIOUS METALS: Februarygold was higher overnight as it extends the rally off November's low. Overnight trading sets the stage for a higher opening when the day 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 February extends the rally off November's low, the 62% retracement level of the March-October decline crossing at $1915.10 is the next upside target. Closes below the 20-day moving average crossing at $1813.30 would signal that a short-term top has been posted. First resistance is the overnight high crossing at $1871.30. Second resistance is the 62% retracement level of the March-October decline crossing at $1915.10. First support is the 20-day moving average crossing at $1813.30. Second support is the December 15th low crossing at $1782.00.



March silver was higher overnight as it extends the rally off September's low. Overnight trading sets the stage for a higher opening when the day session begins trading later this morning. Stochastics and the RSI are neutral signaling that sideways trading is possible near-term. If March extends the rally off October's low, the 87% retracement level of the March-August decline crossing at $25.938 is the next upside target. Closes below the 20-day moving average crossing at $23.728 would signal that a short-term top has been posted. First resistance is the 75% retracement level of the March-August decline crossing at $24.779. Second resistance is the 87% retracement level of the March-August decline crossing at $25.938. First support the 20-day moving average crossing at $23.728. Second support is the December 16th low crossing at $22.735.    



March copper was lower overnight while extending December's trading range. The low-range overnight trade sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI have turned bearish signaling that sideways to lower prices are possible near-term. If March extends the overnight decline, the 50-day moving average crossing at 3.7026 is the next downside target. If March resumes the rally off the November 28th low, the 50% retracement level of the March-July decline crossing at 4.0343 is the next upside target. First resistance is November's high crossing at 3.9470. Second resistance is the 50% retracement level of the March-July decline crossing at 4.0343. First support is the December 20th low crossing at 3.7230. Second support is the 50-day moving average crossing at 3.7026.



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



March corn was lower overnight as it extends Tuesday's loss. Overnight trading sets the stage for lower opening when the day sessions begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $6.58 1/2 would temper the near-term friendly outlook. Closes above October's downtrend line crossing near $6.84 would open the door for additional short-term gains. First resistance is October's downtrend line crossing near $6.84. Second resistance is the 75% retracement level of the October-December decline crossing at $6.92 1/2. First support is is the 50-day moving average crossing at $6.67 1/2. Second support is the 20-day moving average crossing at $6.58 1/2.  



March wheat was lower overnight and sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $7.59 3/4 would signal that a short-term top has been posted. If March extends the rally off December's low, the 50-day moving average crossing at $8.02 1/2 is the next upside target. If March renews the decline off October's high, the 87% retracement level of the 2020-2022 rally crossing at $6.36 1/4 is the next downside target. First resistance is the November 30th high crossing at $7.99 1/4. Second resistance is the 50-day moving average crossing at $8.02 1/2. First support is the 75% retracement level of the 2020-2022 rally crossing at $7.24 1/4. Second support is the 87% retracement level of the 2020-2022 rally crossing at $6.36 1/4.  



March Kansas City wheat was lower overnight and sets the stage for a lower opening when the day session begins trading later this morning. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $8.58 3/4 would signal that a short-term top while opening the door for a test of August's low crossing at $8.11 3/4. If March renews the rally off December's low, the 50-day moving average crossing at $8.99 1/4 is the next upside target. First resistance is last-Tuesday's high crossing at $8.94 3/4. Second resistance is the 50-day moving average crossing at $8.99 1/4. First support is the December 19th low crossing at $8.30 3/4. Second support is the December 6th low crossing at $8.21 3/4.



March Minneapolis wheat was lower overnight and sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the December 19th low crossing at $9.00 3/4 is the next downside target. Closes above the 50-day moving average crossing at $9.40 3/4 would open the door for additional short-term gains. First resistance is the 50-day moving average crossing at $9.40 3/4. Second resistance is the November 15th high crossing at $9.91 1/4. First support is the December 19th low crossing at $9.00 3/4. Second support is the December 6th low crossing at $8.90.  



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



March soybeans were higher overnight as it consolidates some of Tuesday's sharp decline. Overnight trading sets the stage for a higher opening. Stochastics and the RSI have turned neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at $14.86 3/4 would signal that a short-term top has been posted. If March extends the rally off October's low, June's high crossing at $15.72 1/4 is the next upside target. First resistance is the 87% retracement level of the June-July decline crossing at $15.37 1/2. Second resistance is last-June's high crossing at $15.72 1/2. First support is the 10-day moving average crossing at $14.96. Second support is the 20-day moving average crossing at $14.86 3/4.  

 

March soybean meal was a higher overnight and poised to extend last-Friday's upside breakout of December's trading range. Overnight trading sets the stage for a higher opening when the day session begins trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November's low, monthly resistance on the continuation chart crossing at $478.60 is the next upside target is the next upside target. Closes below the December 19th low crossing at $443.40 would confirm that a short-term top has been posted. First resistance is last-Friday's high crossing at $476.10. Second resistance is monthly resistance on the continuation chart crossing at $478.60. First support is the 20-day moving average crossing at $456.20. Second support is the December 19th low crossing at $443.40. 



March soybean oil was lower overnight as it extends the decline off last-Friday's high. Overnight trading sets the stage for a lower opening when the day session begins trading. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 63.19 would signal that a short-term top has been posted. Closes above the 50-day moving average crossing at 66.88 would open the door for additional short-term gains. First resistance is the 50-day moving average crossing at 66.88. Second resistance is broken support crossing at 67.52. First support is the 20-day moving average crossing at 63.19. Second support is the December 16th low crossing at 61.47.   


Comments
By metmike - Jan. 4, 2023, 1:46 p.m.
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Thanks tallpine!


Rains not great yet for Argentina but the pattern is changing with La Nina going bye bye.