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Lean Hog produced a double top today after buying yesterday, which was a shock, and did a mad sell with just a little tail showing. Looking for even lower prices tomorrow. Was watching to see if bulls bought back some of the sell to 67.875 area, which may have produced an up day tomorrow, but bears fought hard and kept it in check. Cypher is still intact. Look for...

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May Soybean Meal also has a bullish flag. Next target for bulls is 360. As stated in my Soybean comments, Brazil and Argentina are harvesting so this price action may be under duress. Gartley pattern has completed.

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May Soybeans continue a bullish flag, however there could be an interpretation that 3 black crows have appeared in this flag promising more downside. There is suggestion from fundamentalists that the crop in Brazil and Argentina is now being harvested and may slow this bull run, so be cautious. A Gartley pattern would end just where the market is right now.

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April Live Cattle continues building the bullish flag. May see an up day tomorrow as whenever there is a fall, it gets immediately bought back up. Next target for bulls is 122 area at 141.4% of Fib. Support at 116.175. This market could use a little more down to clear out RSI.

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April Lean Hogs collapsed further today. Looking for candlestick pattern 3 black crows tomorrow, which might suggest building out the last leg of the Cypher pattern. Next target for the bears is 61.8% at 66.675. Still being cautious of a break up for more long action. Open interest is still rising and volume is moderate which is a good indication for continued fall.

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March Oats touched the Gap and then pulled back to an encompassing bearish candle and choose Scenario 1 of my comments Friday. Look for more sideways to down movement to the 38.2% area. This would create the Elliot Wave position 4 before more upside to this market. April Oats did a similar pull back and chart makeup.

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April Natural gas is creating a head and shoulders pattern. Have been watching this for several days now. Seen too many of these H&Ds to go backwards, but it is a potential sell opportunity. Scenario 1 Falls slightly and then moves higher with a fall later on Scenario 2 Falls now to possible 2.780 which would make it size of head from neckline.

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Entegris Inc is setting up for a fall. We have three mountain tops, and double top rejection. Potential fall to uptrend line, channel or support at 16 which would be 78.6%. This market was in big uptrend and looking for a buy opportunity. This may come in the next week or so.

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This is the April side commented from March Oats

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March and May Oats are rejecting lows and progressing upward towards the final gap. I have changed projection from Cypher to Butterfly with extension reaching into the gap. We also have an Elliot Wave 1-5 setup here. Scenario 1 Oats may take a run to bottom of gap Monday, retrace to 38.2% and then continue through gap, or reject next week to retracement, and...

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April Soybean Meal is bullish flagging as well. Sticks are on the high side of the channel. Look for break up in the next day or two. Potential run up to 380 Butterfly. This market opposed to the Soybean market is more overbought, however this hasn't affected these markets. Be cautious.

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There are strong flag signals in a lot of markets for the coming week. May Soybean is creating a bullish flag. Tails on candlesticks are rejecting lows. Look for this market to go up either Monday or Tuesday. Support at 1069

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April Live Cattle is creating a bullish flag setup. Based on previous flag setups for this uptrend, at least two bearish candles need to be created and then the up surge. This market is still a buy until trend is broken.

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April Lean hogs is building a bearish flag today. Look for continued up and down until confirmation. The CCI is below trend and dipping down. A higher low has been created. Friday could be setup for a Monday fall.

hopscotch Updated 

March Soybeans were up again today, but traded back. Possible pause before heading higher to complete the Cypher pattern. See 1030 as support and the 20 day moving average at 1025'4. Headwinds will come in at 1071'6 the last top.

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April Feeder Cattle tried Wednesday to do what Live Cattle did, but met resistance. Corn like beans, tried to do a push upwards today, but unlike beans, met disappointment. If Corn falls we may see Feeders rise again. Feeders trying to move back into the 1/1 Gann Fan to become a stronger uptrend and move on to a Butterfly.

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April Milk fell from a sideways channel today and continues a downward projection to complete the Gartley. See more downside to 17.36, with full target to a double bottom at 17, 38.2% of the XA leg before moving up.

hopscotch Updated 

Canadian dollar is building out another bullish flag and the USD continues forming a head and shoulders pattern. See more upside to the CAD. Possible top at .76790 from last week. 78.6% is just a hop, skip and jump from there to complete the Cypher pattern at .77080. If flag does not hold then further downside to .75625 area.