$UST10Y 10 Year US Treasury Yield Weekly and Daily Charts

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1 $UST10Y 10 Year US Treasury Yield Weekly and Daily Charts Primary Consideration: Higher yields are due the effects and expectations of government and Central Bank intervention and the accompanying market dynamics Yield has a possible upside of 2 plus Global event risks certainty could move yields to 1 or lower

2 Chart 1. $UST10Y 10 Year US Treasury Yield, Weekly Chart, September 2013 Oct. 28, 2016

3 Chart 2. $UST10Y 10 Year US Treasury Yield, Daily Chart, November 2014 Oct. 28, 2016

4 Select Commodity Charts

5 Soybeans Weekly and Daily Charts Primary Consideration: Near term technical price weakness to potentially $8.50 became questionable with last week s price action. That said, I remain more concerned about additional price weakness and the culmination of a bottoming process Alternative Consideration: From a technical perspective, considering global risks and uncertainties and required intervention activities argue a price bottom is in place

6 Chart 3. Soybeans, Weekly Chart, September 2013 Oct. 28, 2016

7 Chart 4. Soybeans, Daily Chart, May 2016 Oct. 28, 2016 The daily chart implies prices are range bound

8 Corn Weekly and Daily Charts Primary consideration: Near term bottoming process underway with a possible low in the $3.00 per bushel area Secondary consideration: Upside considerations presently to $4.19 per bushel

9 Chart 5. Corn, Weekly Chart, September 2013 Oct. 28, 2016

10 Chart 6. Corn, Daily Chart, May 2016 Oct. 28, 2016

11 Rice Weekly and Daily Charts

12 Chart 7. Rice, Weekly Chart, October 2013 Oct. 28, 2016 Primary consideration: A bottoming process is underway

13 Chart 8. Rice, Daily Chart, February 2016 Oct. 28, 2016

14 Cotton Weekly and Daily Charts Primary Consideration: Corrective price action underway with possible price weakness to the bottom of the Bollinger Bands on the weekly chart Bullish prices likely beyond this corrective price activity

15 Chart 9. Cotton, Weekly Chart, September 2013 Oct. 28, 2016

16 Chart 10. Cotton, Daily Chart, May 2016 Oct. 28, 2016

17 Wheat Weekly and Daily Charts

18 Chart 11. Wheat, Weekly Chart, September 2013 October 28, 2016 Primary Consideration: Forming a price bottom Price weakness into the $3.80 area a possibility

19 Chart 12. Wheat, Daily Chart, May 2016 October 28, 2016

20 Copper Weekly and Daily Charts Primary Consideration: Copper had a great week last week, but prices likely need to make a final low before turning bullish

21 Chart 13. Copper, Weekly Chart, September 2013 Oct. 28, 2016

22 Chart 14. Copper, Daily Chart, May 2016 Oct. 28, 2016

23 $WTIC Light Crude Oil Weekly and Daily Charts Primary Consideration: A choppy sideways market OPEC, other verbal guidance has interesting impacts Global oil data questionable Daily and weekly charts from last week appear a little bearish going into the week Defining a trading range Market participants will watch this market closely this week

24 Chart 15. $WTIC, Weekly Chart, September 2013 Oct. 28, 2016

25 Chart 16. $WTIC, Daily Chart, May 2016 Oct. 28, 2016

26 CRB Weekly and Daily Charts Primary consideration: Near term bottoming process underway with a final leg down in the index Secondary consideration: The bottom is in place

27 Chart 17. $CRB Reuters/Jefferies CRB Index, Weekly Chart, September 2013 Oct. 28, 2016

28 Chart 18. $CRB Reuters/Jefferies CRB Index, Daily Chart, September 2013 Oct. 28, 2016

29 Select Currencies

30 Power Shares US Dollar Index Weekly and Daily Charts Primary Considerations: Dollar may need to consolidate its gains with a period of corrective activity, which would be supportive of U.S. exports and commodity prices in general Lately dollar strength has generally been bearish for U.S. exports and commodity prices in general. Global interventionist government and Central Bank activities will define dollar strength or weakness over the next 3 to 12 months

31 Chart 19. Power Shares US Dollar Index, Weekly Chart, September 2013 Oct. 28, 2016

32 Chart 20. Power Shares US Dollar Index, Daily Chart, November 2014 Oct. 28, 2016

33 Australian Dollar Weekly and Daily Charts Primary Consideration: Consolidating Generally a weakening Australian currency implies weakening demand for their commodity based economy Near term I am neutral but longer term my bias is to the upside

34 Chart 21. Australian Dollar, Weekly Chart, September 2013 Oct. 28, 2016

35 Chart 22. Australian Dollar, Daily Chart, November 2014 Oct. 28, 2016

36 British Pound Sterling Trust Weekly and Daily Charts Primary Consideration: An obvious weak currency BREXIT implied the United Kingdom must retool politically, economically, and socially The currency weakness is a plus for revitalizing their economy

37 Chart 23. British Pound Sterling Trust, Weekly Chart, September 2013 Oct. 28, 2016

38 Chart 24. British Pound Sterling Trust, Daily Chart, November 2014 Oct. 28, 2016

39 Canadian Dollar Weekly and Daily Charts Primary Consideration: Consolidating and churning sideways, due to present global risks and uncertainties Near term bearish indicator for their commodity prices

40 Chart 25. Canadian Dollar, Weekly Chart, September 2013 Oct. 28, 2016

41 Chart 26. Canadian Dollar, Daily Chart, November 2014 Oct. 28, 2016

42 EURO Trust Weekly and Daily Charts Primary Consideration: European Union economic weakness and political and social uncertainty problematic for EURO, but near term emerging inflationary forces are supportive of EURO and provide DOLLAR relief

43 Chart 27. EURO Trust, Weekly Chart, September 2013 Oct. 28, 2016

44 Chart 28. EURO Trust, Weekly Chart, November 2014 Oct. 28, 2016

45 Japanese Yen Trust Weekly and Daily Charts Primary Consideration: Dollar shows strength, while the Yen shows weakness, likely positive for Japanese equities With the DOLLAR likely in a consolidation period be respectful of currency dynamics in general

46 Chart 29. Japanese Yen Trust, Weekly Chart, September 2013 Oct. 28, 2016

47 Chart 30. Japanese Yen Trust, Daily Chart, November 2014 Oct. 28, 2016

48 Select Charts

49 SPDR S&P 500 ETF Weekly and Daily Charts Primary Consideration: Consolidating, a good week for some corrective price activity, so let price dynamics define price direction Revisiting the bottom Bollinger Band possible

50 Chart 31. SPDR S&P 500 ETF, Weekly Chart, September 2013 Oct. 28, 2016

51 Chart 32. SPDR S&P 500 ETF, Daily Chart, November 2014 Oct. 28, 2016

52 QQQ NASDAQ Power Shares Weekly and Daily Charts

53 Chart 33. QQQ NASDAQ Power Shares, Weekly Chart, September 2013 Oct. 28, 2016 Primary Consideration Consolidating Price uncertainty near term, so be respectful until price direction is further defined

54 Chart 34. QQQ NASDAQ Power Shares, Daily Chart, May 2016 Oct. 28, 2016

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