The December Dollar closed slightly higher on Friday as it consolidates some of this week's decline but remains below the 20- day moving average crossing at 75.95. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, October's low crossing at 75.09 is the next downside target. Closes above this week's high crossing at 77.50 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 76.22. Second resistance is Tuesday's high crossing at 77.50. First support is today's low crossing at 75.59. Second support is October's low crossing at 75.09.

The December Euro closed lower on Friday as it consolidated some of Wednesday's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing at 150.620 is the next upside target. Closes below Tuesday's low crossing at 146.240 are needed to confirm that a top has been posted. First resistance is Thursday's high crossing at 149.160. Second resistance is October's high crossing at 150.620. First support is Tuesday's low crossing at 146.240. Second support is October's low crossing at 144.790.

The December British Pound closed higher on Friday as it extends this week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bullish hinting that sideways to higher prices are possible near-term. If December extends this week's rally, the reaction high crossing at 1.6742 is the next upside target. Closes below the 20-day moving average crossing at 1.6357 would confirm that a short-term top has been posted. First resistance is October's high crossing at 1.6689. Second resistance is September's high crossing at 1.6742. First support is the 10-day moving average crossing at 1.6262. Second support is the 20-day moving average crossing at 1.6357.

The December Swiss Franc closed lower due to profit taking on Friday as it consolidated some of this week's rally. The low- range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing at .9971 is the next upside target. Closes below the 10-day moving average crossing at .9798 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at .9894. Second resistance is October's high crossing at .9971. First support is the 10-day moving average crossing at .9798. Second support is Tuesday's low crossing at .9675.

The December Canadian Dollar closed lower due to profit taking on Friday as it consolidated some of this week's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning bullish hinting that a short-term low might be in or is near. Closes above the 20-day moving average crossing at 94.84 are needed to confirm that a short-term low has been posted. If December renews October's decline, the reaction low crossing at 91.24 is the next downside target. First resistance is the 20-day moving average crossing at 94.84. Second resistance is October's high crossing at 97.98. First support is the reaction low crossing at 92.26. Second support is the reaction low crossing at 91.24.

The December Japanese Yen closed higher on Friday as it extends this week's rally above the 20-day moving average. The high- range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are bullish signaling that additional gains are possible. If December extends this week's rally, the reaction high crossing at .11261 is the next upside target. Closes below the 10-day moving average crossing at .11010 are needed to confirm that a short-term top has been posted. First resistance is Monday's high crossing at .11183. Second resistance is the reaction high crossing at .11261. First support is Wednesday's low crossing at .10942. Second support is the reaction low crossing at .10812.

ENERGY MARKETS http://quotes.ino.com/exchanges/?c=energy

December crude oil closed sharply lower on Friday erasing most of this week's gains. The low-range close sets the stage for a steady to lower opening on Monday. Closes below Monday's low crossing at 76.55 are needed to confirm that a short-term top has been posted. If December renews this fall's rally, the 38% retracement level of the 2008-2009-decline crossing at 84.64 is the next upside target. First resistance is the 20-day moving average crossing at 78.53. Second resistance is the 10-day moving average crossing at 78.73. First support is Monday's low crossing at 76.55. Second support is the 38% retracement level of this fall's rally crossing at 75.70.

December heating oil closed sharply lower on Friday and below the reaction low crossing at 199.75 confirming that an important top has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the 50% retracement level of this fall's rally crossing at 193.93 is the next downside target. Closes above Wednesday's high crossing at 209.96 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 204.97. Second resistance is Wednesday's high crossing at 209.96. First support is today's low crossing at 197.62. Second support is the 50% retracement level of this fall's rally crossing at 193.93.

December unleaded gas closed sharply lower on Friday and below the reaction low crossing at 193.79 confirming that an important top has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the 50% retracement level of this fall's rally crossing at 186.91 is the next downside target. Closes above the 10-day moving average crossing at 199.66 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 199.66. Second resistance is October's high crossing at 210.15. First support is today's low crossing at 190.26. Second support is the 50% retracement level of this fall's rally crossing at 186.91.

December Henry natural gas closed lower on Friday and tested the 87% retracement level of this fall's rally crossing at 4.546. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that additional weakness is still possible near-term. If December extends this week's decline, September's low crossing at 4.340 is the next downside target. Closes above the 10-day moving average crossing at 4.953 are needed to confirm that a low has been posted. First resistance is the 10-day moving average crossing at 4.953. Second resistance is the 20-day moving average crossing at 5.291. First support is today's low crossing at 4.555. Second support is September's low crossing at 4.340.

FOOD & FIBER http://quotes.ino.com/exchanges/?c=food

December coffee closed lower on Friday and below the 10-day moving average crossing at 13.84 confirming that a short-term top has been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning neutral to bearish signaling that additional weakness is possible near-term. If December extends this week's decline, the reaction low crossing at 13.29 is the next downside target. Closes above Thursday's high crossing at 14.40 would open the door for a possible test of October's high crossing at 14.54.

December cocoa closed lower on Friday as it extended this week's decline. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the 25% retracement level of the May-October rally crossing at 31.40 is the next downside target. Closes above the 10-day moving average crossing at 32.88 would confirm that a short-term low has been posted.

March sugar closed lower on Friday as it extended Thursday's decline below the 10-day moving average crossing at 22.92. The low-range close set the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, the reaction low crossing at 21.78 is the next downside target. Closes above the reaction high crossing at 24.68 are needed to renew this month's rally.

December cotton closed lower due to profit taking on Friday and below the 38% retracement level of the 2008-decline crossing at 66.78. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. Closes below the reaction low crossing at 66.10 would confirm that a short-term top has been posted. If December renews this fall's rally, the 50% retracement level of the 2008-decline crossing at 73.41 is the next upside target.

GRAINS http://quotes.ino.com/exchanges/?c=grains

December Corn closed down 9 1/4-cents at 3.67 1/4.

December corn gapped down and closed lower on Friday as it extended this week's decline. A bearish extended weather forecast for the Midwest helped to pressure the corn market today. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning bearish again signaling that additional weakness is possible near-term. If December extends this week's decline, the 50% retracement level of this fall's decline crossing at 3.59 is the next downside target. Closes above the 20-day moving average crossing at 3.81 1/4 would temper the near-term bearish outlook. First resistance is today's gap crossing at 3.76 1/4. Second resistance is Wednesday's high crossing at 3.98 3/4. First support is the reaction low crossing at 3.64. Second support is the 50% retracement level of this fall's decline crossing at 3.59

December wheat closed down 15-cents at 4.97 1/4.

December wheat closed lower on Friday and below the 20-day moving average. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If December renews last week's decline, the 75% retracement level of this fall's rally crossing at 4.72 3/4 is the next downside target. Closes above Wednesday's high crossing at 5.27 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 5.14 1/4. Second resistance is Wednesday's high crossing at 5.27. First support is last week's low crossing at 4.89. Second support is the 75% retracement level of this fall's rally crossing at 4.72 3/4.

December Kansas City Wheat closed down 16 1/2-cents at 5.01.

December Kansas City Wheat closed lower on Friday and the low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bearish signaling that additional weakness is possible near-term. If December renews last week's decline, the reaction low crossing at 4.79 is the next downside target. Closes above Wednesday's high crossing at 5.31 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 5.21 1/4. Second resistance is Wednesday's high crossing at 5.31. First support is last week's low crossing at 4.97. Second support is the reaction low crossing at 4.79.

December Minneapolis wheat closed down 10 1/4-cents at 5.18 1/4.

December Minneapolis wheat closed lower on Friday and the low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bearish signaling that additional weakness is possible near-term. If December renews last week's decline, the reaction low crossing at 4.98 is the next downside target. Closes above Wednesday's high crossing at 5.39 3/4 would confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 5.34. Second resistance is Wednesday's high crossing at 5.39 3/4. First support is last week's low crossing at 5.10 1/2. Second support is the reaction low crossing at 4.98.

SOYBEAN COMPLEX

January soybeans closed down 17-cents at 9.55.

January soybeans closed lower on Friday as a bearish extended weather for the Midwest and active soybean harvest pressured the market today. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bearish signaling that additional short-term weakness is still possible near-term. If January extends this week's decline, the 62% retracement level of this fall's rally crossing at 9.40 is the next downside target. Closes above October's high crossing at 10.28 are needed to renew this fall's rally. First resistance is the 10-day moving average crossing at 9.83 1/4. Second resistance is the 20-day moving average crossing at 9.90 1/4. First support is today's low crossing at 9.55. Second support is the 62% retracement level of this fall's rally crossing at 9.40.

December soybean meal closed down $2.50 at $288.80.

December soybean meal closed lower on Friday as it extended this week's decline below the 10-day moving average crossing at 295.60. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the reaction low crossing at 285.50 is the next downside target. Closes above Thursday's gap crossing at 300.00 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 295.60. Second resistance is the 20-day moving average crossing at 298.00. First support is last week's low crossing at 285.50. Second support is the October 6th gap crossing at 273.20.

December soybean oil closed down 41 pts. at 36.77.

December soybean oil gapped down and closed lower on Friday. Weakness in energy markets along with a stronger Dollar was the main factors in today's sell off, which also led to a close below the 20-day moving average. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the reaction low crossing at 35.90 is the next downside target. Closes above Wednesday's high crossing at 38.07 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 37.17. Second resistance is Wednesday's high crossing at 38.07. First support is the reaction low crossing at 36.26. Second support is the reaction low crossing at 35.90.

The STOCK INDEXES http://quotes.ino.com/exchanges/?c=indexes

The December NASDAQ 100 closed higher on Friday and above the 20-day moving average crossing at 1722.81 as it extended this week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned bullish signaling that additional strength is possible near-term. If December extends this week's rally, October's high crossing at 1779.25 is the next upside target. Closes below the 10-day moving average crossing at 1699.72 would temper the near-term friendly outlook. First resistance is today's high crossing at 1737.50. Second resistance is October's high crossing at 1779.25. First support is the 10-day moving average crossing at 1699.72. Second support is Monday's low crossing at 1650.25.

The December S&P 500 index closed higher on Friday as it extended this week's rally. Profit taking tempered early session gains and the mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI have turned bullish signaling that additional strength is possible near-term. If December extends this week's rally, October's high crossing at 1099.00 is the next upside target. Closes below the 10-day moving average crossing at 1051.73 would signal that a short-term top has been posted. First resistance is today's high crossing at 1074.50. Second resistance is October's high crossing at 1099.00. First support is the 10-day moving average crossing at 1051.73. Second support is Monday's low crossing at 1026.20.

The Dow closed lower due to profit taking on Friday as it consolidated some of this week's rally but remained above the 20-day moving average. The mid-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned bullish signaling that additional strength is possible near-term. If the Dow extends this week's rally, October's high crossing at 10119 is the next upside target. Closes below the 10-day moving average crossing at 9856 would confirm that a short-term top has been posted. First resistance is today's high crossing at 10044. Second resistance is October's high crossing at 10,119. First support is the 20-day moving average crossing at 9926. Second support is the 10-day moving average crossing at 9856.

INTEREST RATES http://quotes.ino.com/exchanges/?c=interest

December T-bonds closed up 7/32's at 118-14.

December T-bonds closed slightly higher on Friday due to short covering as it consolidated some of this week's decline. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the reaction low crossing at 117-20 is the next downside target. Closes above the reaction high crossing at 120-08 are needed to confirm that a short-term low has been posted. First resistance is today's high crossing at 118-28. Second resistance is the 20-day moving average crossing at 119-11. First support is today's low crossing at 117-25. Second support is the reaction low crossing at 117-20.

LIVESTOCK http://quotes.ino.com/exchanges/?c=livestock

December hogs closed down $0.90 at $55.70.

December hogs closed lower due to profit taking on Friday and below the 10-day moving average crossing at 56.41 signaling that a short-term top has likely been posted. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought and are turning bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at 55.09 are needed to confirm that a short-term top has been posted. If December extends this fall's rally, the 38% retracement level of the 2008-2009-decline crossing at 62.12 is the next upside target. First resistance is Tuesday's high crossing at 58.25. Second resistance is the 38% retracement level of the 2008-2009- decline crossing at 62.12. First support is today's low crossing at 55.65. Second support is the 20-day moving average crossing at 55.09.

February bellies closed up $1.30 at $86.10.

February bellies closed higher due to short covering on Friday as it consolidated some of this week's decline. The mid-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If February extends this week's decline, gap support crossing at 83.80 is the next downside target. Closes above the 10-day moving average crossing at 88.55 are needed to confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 88.55. Second resistance is the reaction high crossing at 91.70. First support is Thursday's low crossing at 84.80. Second support is gap support crossing at 83.80.

December cattle closed down $1.35 at 85.00.

December cattle gapped down and closed lower on Friday as it extended the decline off October's high. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If December extends this week's decline, the reaction low crossing at 84.25 is the next downside target. Closes above Thursday's high crossing at 86.80 would temper the near-term bearish outlook in the market. First resistance is the 10-day moving average crossing at 86.26. Second resistance is Thursday's high crossing at 86.80. First support is today's low crossing at 84.90. Second support is the reaction low crossing at 84.25.

January feeder cattle closed down $1.10 at $96.08.

January Feeder cattle closed lower on Friday due to profit taking as it consolidated some of this week's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If January extends this week's rally, the reaction high crossing at 99.00 is the next upside target. Closes below the 20-day moving average crossing at 95.77 would confirm that a short-term top has been posted.

PRECIOUS METALS http://quotes.ino.com/exchanges/?c=metals

December gold closed higher on Friday as it extends this week's rally into uncharted territory. The mid-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that additional gains are possible near-term. Closes below the 20-day moving average crossing at 1059.60 are needed to confirm that a short-term top has been posted. First resistance is today's high crossing at 1101.90. First support is the 20-day moving average crossing at 1059.60. Second support is the reaction low crossing at 1026.90.

December silver closed lower on Friday as it consolidated some of this week's rally. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If December extends this week's rally, October's high crossing at 18.175 is the next upside target. Closes below the 10-day moving average crossing at 16.856 are needed to confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 17.635. Second resistance is October's high crossing at 18.175. First support is the 10-day moving average crossing at 16.856. Second support is the reaction low crossing at 16.120.

December copper closed lower on Friday and the low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are neutral to bearish hinting that a short-term top might be in or is near. Closes below the reaction low crossing at 289.50 are needed to confirm that a top has been posted. If December renews this month's rally, the 75% retracement level of the 2008-2009-decline crossing at 316.36 is the next upside target. First resistance is October's high crossing at 306.90. Second resistance is the 75% retracement level of the 2008-2009-decline crossing at 316.36. First support is Tuesday's low crossing at 289.50. Second support is the reaction low crossing at 275.60.