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FOOD & FIBER https://quotes.ino.com/exchanges/category.html?c=food

March coffee closed higher on Friday. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 50-day moving average crossing at 10.69 would confirm that a short-term low has been posted. If March resumes the decline off January's high, September's low crossing at 9.85 is the next downside target.

March cocoa closed lower on Friday. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off December's low, July's high crossing at 25.96 is the next upside target. Closes below the 50-day moving average crossing at 22.63 are needed to confirm that a short-term top has been posted.

March sugar closed higher on Friday. The high-range close set the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends this month's rally, the reaction high crossing at 13.54 is the next upside target. Closes below the 20-day moving average crossing at 12.52 would confirm that a short-term top has been posted.

March cotton closed lower on Friday. The low-range close sets 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 extends this week's rally, the 50-day moving average crossing at 76.46 is the next upside target. If March resumes the decline off December's high, the 75% retracement level of the 2016-2018-rally crossing at 74.04 is the next downside target.

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