December cocoa closed up $4 at $1,856 today. Prices closed nearer the session high today and closed at a fresh three-week high close. Bulls have gained some fresh upside technical momentum. The next upside price objective for the bulls is closing prices above solid chart resistance at $1,900. The next downside price objective for the bears is closing prices below solid support at $1,800. First resistance is seen at today's high of $1,864 and then at this week's high of $1,872. First support is seen at today's low of $1,835 and then at this week's low of $1,827. Wyckoff's Market Rating: 5.0.

December cotton closed up 58 points at 61.58 cents today. Prices closed nearer the session high and closed at a fresh four-week high close today. Bulls still have the near-term technical advantage. Traders are awaiting Wednesday morning's USDA supply and demand report. The next downside price objective for the bears is to produce a close below strong technical support at 60.00 cents. Bulls' next upside objective is producing a close above solid resistance at last week's high of 62.26 cents. First resistance is seen at today's high of 61.94 cents and then at 62.26 cents. First support is seen at today's low of 60.80 cents and then at 60.00. Wyckoff's Market Rating: 6.5.

November orange juice closed up 40 points at $1.1970 today. Prices closed nearer the session high and closed at a fresh two-week high close on more mild short covering in a bear market. A strong close on Wednesday would provide the bulls with confidence that a near-term low could be in place. But right now the bears still have the overall near-term technical advantage. The next upside technical objective for the bulls is to produce a close above solid chart resistance at $1.2200. The next downside price objective for the OJ bears is pushing and closing prices below solid support at this week's low of $1.1580. First resistance is seen at today's high of $1.2040 and then at this week's high of $1.2095. First support is seen at today's low of $1.1820 and then at $1.1750. Wyckoff's Market Rating: 3.0.

November lumber futures closed up $0.80 at $245.70 today. Prices closed nearer the session high on tepid short covering in a bear market. Prices did hit another fresh contract low today. Bears still have downside technical momentum. But the market is still oversold, technically. The next upside technical objective for the lumber bulls is closing prices above strong resistance at $250.00. The next downside price objective for the bears is pushing and closing prices below solid support at $240.00. First resistance is seen at this week's high of $248.00 and then at $250.00. First support is seen at today's contract low of $244.00 and then at $242.50. Wyckoff's Market Rating: 1.0.