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March coffee posted a huge key reversal down on Friday signaling a possible end to the rally off October's low. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought and are turning neutral to bearish with today's decline signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 12.10 would confirm that a short-term top has been posted. If March extends the rally off October's low, weekly resistance crossing at 14.38 is the next upside target.

March cocoa closed higher on Friday due to short-covering. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends today's decline, November's low crossing at 24.30 is the next downside target. Multiple closes above the 20-day moving average crossing at 26.02 would confirm that a short-term low has been posted.

March sugar closed slightly lower on Friday as it consolidated some of the rally off October's low. The low-range close set the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off October's low, the June high crossing at 13.78 is the next upside target. Closes below 20-day moving average crossing at 13.00 would confirm that a top has been posted.

March cotton closed lower on Friday. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signal sideways to higher prices are possible near-term. If March extends the rally off August's low, July's high crossing at 69.07 is the next upside target. Closes below December's low crossing at 64.02 are needed to confirm that a short-term top has been posted.