Market View

Industrials:

steel, cooper and aluminum seem to defy destiny trying to persevere outwards up trend continuation. In the Softs complex it’s important to note how cardamom is reverting the tough uptrend hold in the last months. It’s interesting how TSR20 wasn’t as damagaded as crude oil being both so correlated. Cotton is making some noice upwards.

No fundamentals from the USDA because snow in DC, so It’s been pretty much a true market, supply and demand of orders.

 

US$ index is dancing the same song cardamom, reversal.

 

it’s incredible how industrials have the ability to regain rythm after they lose with some falling days.

 

Sugar seems enthusiastic about continuing that strong trend.

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