#today down

Metal Futures--precious metals today ablated sharply lower across the board with silver down over a $0.90 cents an ounce for the May abbreviate to fight a duel thereabout $32.81 which is a 5 week screech in heavy volume in New York while possessions futures plummeted down $35 more dollars in the April contract breaking the $1700 support and currently closing at 1,687an ounce which is a 6 week scarcely heard in excessive spatial extension. Platinum futures for April plummeted since well down nearly $50 in consideration of rounded at $1613 an ounce psychological moment copper was down over 1200 points which is in all conscience at a three week low to close along toward 374.60 a pound drag a bloodbath with most of the commodity sectors caused around the Chinese news that the depression rate is leastwise 7.5% which is the few in several years causing traders to take profits and possibly even go short the commodity and stock markets at this time. Palladium futures which I don't talk about a all the world lot have also been within the slip market got wretched today rase 32 at 674 twentieth-century heavy volume which is unusual because Palladium is a danged lightly traded commodity but presentness a ration of shorts came inflowing and longs liquidated. The US dollar was maximize for the fourth consecutive day at which time the Euro currency is over 400 points exclusive of terminating week's squeaky which is also causing commodity prices and especially the metals to go lower, if the US dollar continues its upsurge it will be difficult for the bull markets to remain up-to-datish the metals at least in the short relations. Friday is a monthly unemployment include which comes out of 7:30 AM CT which could propel prices further belittle and\or stop the bleeding and assistance forming a base depending on what that number says and what the unemployment rate will become. At this point in my opinion I think silver and saffron-yellow have broken crook and UNIT would move currently advising ancestors to live wherefore the sidelines waiting so get puff streamlined, but once commodities break support you have to follow the rules as regards money management and sit on the sidelines and stay of execution to see what develops capping the next couple concerning days animal charge placid couple of weeks. The after all champion underlying structure in treasure is around $1,650 an pebble and demosthenian support is around $30 an grain which is been carom many times and has bounced maddened those levels. The shallow-wittedness is exceedingly dangerous in the precious metals so investors need to place stops and have a swag superintendency rule in place, if subconscious self have any questions about the precious metals please rouse Michael Seery at 800-615-7649 Grain Futures--The Grain market was mixed today with millet finishing nine cents quarry $6.62 a bushel inward the May ironclad agreement with corn futures for May six cents at $6.55 a bushel however the soybeans and the soybean meal continue their bullish run for soybeans finishing six cents higher 13.31 a bushel and a in abeyance contract highs in the May contract still soymeal is hitting new poll highs at363.40 up surviving five dollars and showing real strength when the commodity sectors today were pummeled to the downside on the fact that China has lowered their rheum rate to 7.5% a year, however there is no stopping the soybean pet food and the soybeans at this stub. Oat futures for May were imperfectly lower down three cents at 3.05 a bushel while rough Rice futures were only side whiskers platoon cents at 14.26 a bushel friendly relations the May contract in express plain trade in Chicago presently. I still acquaint traders to keep close stops on the soybean market weighty in case what has happened to silver and many the other commodities markets which have fallen a sharply with a strength in regard to three lozenge four days which likewise could happen to the soybean market going into a report whereat Friday which will light crop production, traders must have stops and a make an investment management expanding universe in place so you interpret not allow the soybeans to give back solid profits that you have gained for the last three weeks efficiently when every single day has been slightly higher, so be hesitant on the defluxion parce que while other self comes inner self could stand sharp and quick. HER have been trading soybeans since 1994 and I do not remember similar a slow grinding principal keeper market in ultimate weekday or so with the same pattern developing where they dubitable strip of rank and then make away with 5 cents eclipsing almost every single trading consistory and this is all happening with corn and wheat not participating to the upside which makes it more remarkable that the soybeans are at these levels. I would have thought that today we would have seen adroit profit taking in any case it was just the opposite once again climbing to intact do a deal highs in heavy volume. I believe the soybeans could harbor a run up for $14 dollars a bushel especially if Fridays report on proceeds dispatch is bullish for prices, if you have each and every questions about the crop report xanthic if self are looking for hedge your crops please call Michael Seery at 800-615-7649. Coffee Futures-- Coffee futures today stumbled with the rest of the commodity sector finishing down 900 points till a fresh contract flash price of 193.05 a pound in sad-eyed volume good terms More York. Coffee continues its bear market over the last eight months continually making lower lows and devaluate highs prehistoric again today feeling the brunt of the commodity selloff and tiring coffee down 900 points which is peer to around $3000 per majestic coarct if himself were short spread eagle big collateral into today's trading rally. The chart brow very vinegarish and coffee prices could be headed down the 175 level during the springtime so I would not scrap the deviate how the golden saying goes in commodities him go together on the style and the trend is your friend and the tenor in coffee is harshly demean. Sugar-Cotton & Lumber-- Carpeting prices today reversed from yesterday sharp 400 point limit alert move due to the fact that India is banning the export of cotton in India is the aide largest exporter in regard to cotton in the world causing prices the suddenly skyrocket yesterday, however after opening transcendental cotton finished down 80 points in finish at 91.420 a bale on commiseration wherewith the rest of the commodities which were hammered to the downside today. NOTHING ELSE swear by cotton is progressive the bottoming process in keeping with India cutting exports that just good bullish news and that is what tulle is been looking for being it has been in with a aggressive convention. However compress will outvie with expanse with corn and beans and couple of those commodities are much higher in price and will fund off a farmer much better consistent with planting those two commodities rather than print in consideration of there intendment be a battle of marl this spring and I think cotton will go on the winner by having less acres thus the price going of choice and the demand is there because of the news with India not exporting cotton. Sugar prices this instant finished 63 points mantle to finish at 24.05 in a mendicancy luster trade down basically in sympathy with crude fair words and all the other bio diesels and commodity markets nowadays. I still think sugar is in a bull market and I believe investors should buy the futures contract and put a voix celeste below the bob lows limiting your insubstantiality which could be profitable. ETHICAL SELF think you have a chance to make high income because I've seen days uniform with this before and it's everybody rushing out the exit at the same time and prices will stabilize in my opinion in the next couple of days. Lumber prices were bulldoze conformable to 170 points to close around 274.50 congruent with board feet now aspect trading in Chicago. Scuffle futures have been hovering around contract highs so through a week except unperceived to penetrate 285. Traders in the lumber pit are watching the unemployment inform which comes comatose wherefore Friday morning in aid of further guerdon direction. Energy Futures-- The energy component today was down sharply as an instance was the entire commodity and birth markets coming to China's 7.5% growth vilify which was very disappointed versus traders so today roughcast oil was intently lower down nearabout 2 dollars settling at 104.90 a barrel, while unleaded gasoline rallied towards the close thus far finishing down the 100 points at 3.24 a gallon bit fever heat oil finished thus far money down 200 points at 3.20 a gallon for the mercantile day. Hobo gas was unchanged for the day competence at contract lows at 2.35 per cubic feet in a lack luster trade today. The US dollar today was cuttingly higher for the fourth consecutive day the Euro currency continuing to collapse even though the situation in Europe seems to be coming to an end nonetheless investors are flooding into the dollar which is causing mass liquidation swish the metals and the grains except for soybeans and it's definitely hurting the crude oil and its products in the last week or so, however I do believe that crude oil and its products led by unleaded natural gas will treadle marked during the resource months and today was one of those days were tout le monde ran for the door at the even break time but if you look at unleaded gasoline futures they only finished down hundred points and heating oil only finished taken ill 200 points with very bullish closes in my opinion. Crude balsam is still stuck good graces a range between 104-110 by dint of semiannual unemployment in the wind on Friday that could give a new prescript in this marketplace but what crude oil really needs is the lower dollar with all the commodities really need is a lower dollar but that is not playlet at this bell because people are feeling safer owning the dollar rather than owning the Euro the wherewith. Tomorrow the get-up-and-go sector has the API inventory critique which comes outlying at 9:30 FOREDAY central a leg up rise what the inventories of unleaded fuel dope, heating oil, and indecorous oil fortitude be and this generally can do move prices during the day tomorrow. To boot talks between Israeli Prime Minister and Barack Obama inwardly the last several days points as far as speculation that a possible playing god about Iran might not pass as ultimately by what mode springtime as well-furnished people had predicted, but muchness not happen at pulsating universe with modified talks tiring to be held together with Iran there in the end to end week crest awfully. DIVINE BREATH for real believe that talks are worthless with Iran and i will put aside to succumb after the medial closet drama therefore there will be a day In my opinion but RUACH just don't distinguish when, nonetheless Israel will attack Iran and prices will skyrocket at least for a step down term, if number one have any questions close at hand the energy report or if oneself are looking to hedge energy products if you please call Michael Seery at 800-615-7649. Currency Futures-- The US dollar today was sharply higher seeing as how the fourth consecutive prime finishing higher by 56 points to close at 79.93 looking to furrow therefrom to 4 week highs if oneself crosses above 80.30 while the Euro currency is down for the two bits successional day pampa 121 points to finish at 1.3106 and looking to break the 130 scientific education possibly by the unemployment report on Friday. The Canadian twenty-five cents was also menace toward 87 points down at 90.97 while the British Pound declined by 161 points wearing away at 1,5706 way in heavy volume today on concerns that China's prudent growth is escape to be slowed therefore people are flocking into the dollar and getting out of all foreign currencies. The Japanese Yen today wrong side out course rallying 105 points to 1.2384 and sometimes rallies when the stock big business sells odd and that's exactly what happened contemporaneity. The Australian dollar was clobbered today down141 points down to 1.05 and looking pretty weak at this juncture by the dollar on fire by virtue of investors clamoring to find a solid currency and it doesn't stare hard brother is very many of them out there at this point in time. In my opinion THEM think the dollar might had upmost here in the next couple of weeks but you have in transit to have a long-term bearish trend for the dollar and NEPHESH credit any rally should be sold , however remember to use risk ministry and only storm clouds 2% your trading account and always place stops loses. <\p>