The March Dollar closed lower on Friday as it consolidates below the 38% retracement level of the August-January rally crossing at 79.17. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the 50% retracement level of the aforementioned rally crossing at 78.28 is the next downside target. Closes above the 20-day moving average crossing at 80.30 would temper the near-term bearish outlook. First resistance is the 20-day moving average crossing at 80.30. Second resistance is January's high crossing at 82.04. First support is Wednesday's low crossing at 78.74. Second support is the 50% retracement level of the aforementioned rally crossing at 78.28.

The March Euro closed slightly higher on Friday and the mid-range close sets the stage for a steady opening on Monday. 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 50% retracement level of the aforementioned decline crossing at 134.30 is the next upside target. Closes below the 20-day moving average crossing at 129.51 would temper the near-term friendly outlook. First resistance is last Friday's high crossing at 132.23. Second resistance is the 50% retracement level of the aforementioned decline crossing at 134.30. First support is the 20-day moving average crossing at 129.51. Second support is January's low crossing at 126.27.

The March British Pound closed higher on Friday as it consolidates above December's high crossing at 1.5761. 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 sideways to higher prices are possible near-term. If March extends the rally off this month's low, November's high crossing at 1.6101 is the next upside target. Closes below the 20-day moving average crossing at 1.5552 would temper the near-term friendly outlook. First resistance is Wednesday's high crossing at 1.5880. Second resistance is November's high crossing at 1.6101. First support is the 10-day moving average crossing at 1.5707. Second support is the 20-day moving average crossing at 1.5552.

The March Swiss Franc closed lower on Friday extending the trading range of the past five days. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off January's low, the reaction high crossing at .11058 is the next upside target. Closes below the 20-day moving average crossing at .10724 would temper the near-term friendly outlook. First resistance is Wednesday's high crossing at .10982. Second resistance is the reaction high crossing at .11058. First support is the 10-day moving average crossing at .10875. Second support is the 20-day moving average crossing at .10724.

The March Canadian Dollar closed higher on Friday as it extends the rally off October's low. The high-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 sideways to higher prices are possible near-term. If March extends this rally, October's high crossing at 100.75 is the next upside target. Closes below the 20-day moving average crossing at 98.86 would confirm that a short-term top has been posted. First resistance is today's high crossing at 100.63. Second resistance is October's high crossing at 100.75. First support is the 10-day moving average crossing at 99.65. Second support is the 20-day moving average crossing at 98.86.

The March Japanese Yen closed sharply lower due to profit taking on Friday as it consolidates some of the rally off January'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 hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at .13019 would temper the near-term friendly outlook. If March extends the rally off January's low, October's high crossing at .13279 is the next upside target. First resistance is Wednesday's high crossing at .13160. Second resistance is October's high crossing at .13279. First support is the 20-day moving average crossing at .13019. Second support is January's low crossing at .12779.

ENERGY MARKETS

March crude oil closed higher for the first time in six days, paring a weekly loss, after the U.S. jobless rate fell to the lowest level in three years on Friday. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends January's decline, December's low crossing at 92.95 is the next downside target. Closes above the reaction high crossing at 101.39 are needed to confirm that a short-term low has been posted. First resistance is the reaction high crossing at 101.39. Second resistance is the reaction high crossing at 102.24. First support is Thursday's low crossing at 95.44. Second support is December's low crossing at 92.95.

March heating oil closed higher on Friday and is poised to test January's high of 312.86. The high-range close sets the stage for a steady to higher opening when Monday's session begins trading. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off December's low, November's high crossing at 316.11 is the next upside target. Closes below the reaction low crossing at 298.15 would confirm that a short-term top has been posted while opening the door for additional weakness near-term. First resistance is January's high crossing at 312.86. Second resistance is November's high crossing at 316.11. First support is the reaction low crossing at 298.15. Second support is the reaction low crossing at 288.69.

March unleaded gas closed higher on Friday and the high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are diverging and are neutral to bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 282.12 are needed to confirm that a short-term top has been posted. If March extends the rally off December's low, last April's high crossing at 307.28 is the next upside target. First resistance is last Friday's high crossing at 297.00. Second resistance is April's high crossing at 307.28. First support is the 10-day moving average crossing at 286.43. Second support is the 20-day moving average crossing at 282.12.

March Henry natural gas posted an inside day with a lower close on Friday. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are possible near-term. If March renews the multi-year decline, monthly support crossing at 1.960 is the next downside target. Closes above Monday's high crossing at 2.844 are needed to confirm that a short-term low has been posted. First resistance is Monday's high crossing at 2.844. Second resistance is January's high crossing at 3.153. First support is last Monday's low crossing at 2.289. Second support is monthly support crossing at 1.960.

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March coffee 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 oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, weekly support crossing at 20.57 is the next downside target. Closes above the 20-day moving average crossing at 22.18 would confirm that a short-term low has been posted.

March cocoa closed higher due to short covering on Friday as it consolidates some of this week's decline. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off last week's high, January's low crossing at 20.03 is the next downside target. Closes above the 10-day moving average crossing at 23.28 would temper the near-term bearish outlook.

March sugar closed higher due to short covering on Friday as it consolidates some of this week's decline but remains below the 20-day moving average. The high-range close set the stage for a steady to higher opening on Monday. Stochastic and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends this week's decline, January's low crossing at 22.82 is the next downside target. Closes above the 10-day moving average crossing at 24.18 would signal that a short-term low has been posted.

March cotton closed higher due to short covering on Friday as it consolidated some of the decline off January's high. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are oversold and are turning neutral to bullish hinting that a low might be in or is near. Multiple closes above the 20-day moving average crossing at 96.33 would temper the near-term bearish outlook. If March extends this decline, the 50% retracement level of the December-January rally crossing at 91.91 is the next downside target.

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March Corn closed up 1 1/2-cents at 6.44 1/2.

March corn posted an inside day with a higher close on Friday as it extends the rally off January's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off January's low, January's high crossing at 6.64 1/4 is the next upside target. Closes below the 20-day moving average crossing at 6.29 1/4 would temper the near-term friendly outlook. First resistance is Wednesday's high crossing at 6.50. Second resistance is January's high crossing at 6.64 1/4. First support is the 20-day moving average crossing at 6.29 1/4. Second support is January's low crossing at 5.92 1/2.

March wheat closed down 2-cents at 6.60 3/4.

March wheat closed lower on Friday as it extended Thursday's losses following reports that Russia will not impose any changes to their export sales program near-term. Today's mid-range close sets the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off January's low, the 38% retracement level of the 2011 decline crossing at 7.36 3/4 is the next upside target. Closes below the 20-day moving average crossing at 6.33 1/2 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 6.83 3/4. Second resistance is the 38% retracement level of the 2011 decline crossing at 7.36 3/4. First support is the 20-day moving average crossing at 6.33 1/2. Second support is January's low crossing at 5.90.

March Kansas City Wheat closed down 5-cents at 7.12 3/4.

March Kansas City wheat closed lower on Friday as it consolidates some of the rally off January's low. 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 signaling that sideways to higher prices are possible near-term. If March extends the rally off January's low, November's high crossing at 7.49 is the next upside target. Closes below the 20-day moving average crossing at 6.90 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 7.32. Second resistance is November's high crossing at 7.49. First support is the 10-day moving average crossing at 7.03. Second support is the 20-day moving average crossing at 6.90.

March Minneapolis wheat closed up 2 1/2-cents at 8.38 1/2.

March Minneapolis wheat closed higher on Friday as it extends the rally off January's low. The mid-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the aforementioned rally, January's high crossing at 8.70 3/4 is the next upside target. Closes below the 20-day moving average crossing at 8.14 1/4 would temper the near-term friendly outlook. First resistance is Wednesday's high crossing at 8.44 1/2. Second resistance is January's high crossing at 8.70 3/4. First support is the 20-day moving average crossing at 8.14 1/4. Second support is January's low crossing at 7.92 1/2.

SOYBEAN COMPLEX

March soybeans closed up 15 1/2-cents at 12.32 1/2.

March soybeans closed higher on Friday as it extends the rally off January's low. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off January's low, January's high crossing at 12.44 3/4 is the next upside target. Closes below Tuesday's low crossing at 11.84 1/4 would confirm that a short-term top has been posted. First resistance is today's high crossing at 12.36 1/2. Second resistance is January's high crossing at 12.44 3/4. First support is Tuesday's low crossing at 11.84 1/4. Second support is January's low crossing at 11.50.

March soybean meal closed up $5.20 at $328.60.

March soybean meal closed higher on Friday thereby renewing the rally off December's low. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are diverging but are bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 50% retracement level of the August-December decline crossing at 337.00 is the next upside target. Closes below Monday's low crossing at 312.70 would confirm that a short-term top has been posted. First resistance is today's high crossing at 327.30. Second resistance is the 50% retracement level of the August-December decline crossing at 337.00. First support is Monday's low crossing at 312.70. Second support is January's low crossing at 296.40.

March soybean oil closed up 46-pts. at 51.65.

March soybean oil closed higher on Friday and the high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term. Closes above the reaction high crossing at 52.00 would confirm that a short-term low has been posted. Closes below January's low crossing at 50.05 would renew this month's decline while opening the door for a possible test of December's low crossing at 48.71 later this winter. First resistance is the reaction high crossing at 52.00. Second resistance is January's high crossing at 53.79. First support is January's low crossing at 50.05. Second support is December's low crossing at 48.71.

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The March NASDAQ 100 closed sharply higher on Friday following this morning's bullish jobs report. American factories added the most jobs in a year as they led the expansion, boosting employment opportunities in the rest of the economy. Manufacturing payrolls increased 50,000 in January, exceeding the most optimistic expectations and capping the largest two-year gain since 1985. Total employment across the economy jumped 243,000 in January as the jobless rate unexpectedly dropped to 8.3 percent. The high-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 sideways to higher prices are possible near-term. If March extends the rally off December's low, weekly resistance crossing at 2647.50 is the next upside target. Closes below the 20-day moving average crossing at 2426.30 would confirm that short-term top has been posted. First resistance is today's high crossing at 2530.00. Second resistance is weekly resistance crossing at 2647.50. First support is the 10-day moving average crossing at 2467.42. Second support is the 20-day moving average crossing at 2426.30.

The March S&P 500 index closed sharply higher on Friday as it extends the rally off last October's low following today's bullish jobs report. The S&P Index is off to its best start for a new year since 1989 after a report showed that employment growth topped estimates and the jobless rate unexpectedly fell to 8.3 percent. Bank of America Corp. Caterpillar Inc. and Alcoa Inc. rallied at least 2.8 percent to pace gains among companies most- tied to economic growth. The high-range close sets the stage for a steady to higher opening when Monday's night session begins trading. Stochastics and the RSI are diverging but have turned bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, last May's high crossing at 1342.40 is the next upside target. Closes below the 20-day moving average crossing at 1304.39 would confirm that a short-term top has been posted. First resistance is today's high crossing at 1341.30. Second resistance is last May's high crossing at 1342.40. First support is the 20-day moving average crossing at 1304.39. Second support is the reaction low crossing at 1272.70.

The Dow closed higher on Friday and is poised to test last May's high crossing at 12,876. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are diverging but turned bullish with this week's rally signaling that sideways to higher prices are possible near-term. If the Dow extends the rally off October's low, last May's high crossing at 12,876 is the next upside target. Closes below the 20-day moving average crossing at 12,603 would confirm that a short-term top has been posted. First resistance is today's high crossing at 12,869. Second resistance is last May's high crossing at 12,876. First support is the 20-day moving average crossing at 12,603. Second support is the reaction low crossing at 12,311.

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March T-bonds closed down 1-28/32's at 142-23.

March T-bonds closed sharply lower on Friday and below the 10-day moving average crossing at 142-06 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 overbought and turning bearish with today's decline signaling that sideways to lower prices are possible near-term. Closes below November's low crossing at 139-02 would confirm a downside breakout of a three-month old trading range. If March extends the aforementioned rally, December's high crossing at 146-11 is the next upside target. First resistance is Tuesday's high crossing at 145-15. Second resistance is December's high crossing at 146-11. First support is January's low crossing at 140-21. Second support is November's low crossing at 139-02.

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

April hogs closed down $0.83-cents at $89.92.

April hogs closed lower for the second day in a row 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 overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If April extends this week's rally, the 62% retracement level of the October-December decline crossing at 91.79 is the next upside target. Closes below the 20-day moving average crossing at 87.75 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 90.75. Second resistance is the 62% retracement level of the October-December decline crossing at 91.79. First support is the 10-day moving average crossing at 88.38. Second support is the 20-day moving average crossing at 87.75.

April cattle closed down $1.50 at 127.40.

April cattle closed sharply lower on Friday and the low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought, diverging and are turning neutral to bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 127.26 would confirm that a double top with November's high has been posted. If April extends the rally off December's low, November's high crossing at 129.70 is the next upside target. First resistance is last Tuesday's high crossing at 129.45. Second resistance is November's high crossing at 129.70. First support is the 20-day moving average crossing at 127.26. Second support is the reaction low crossing at 124.15.

March feeder cattle closed down $0.92 at $154.50.

March Feeder cattle closed lower on Friday and below the 10-day moving average crossing at 154.70 signaling that a short-term top might be in or is near. 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 signaling that sideways to higher prices are possible near-term. Upside targets will be hard to project now that March is trading in uncharted territory. Closes below the 20-day moving average crossing at 153.32 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 155.95. First support is the 20-day moving average crossing at 153.32. Second support is the reaction low crossing at 149.30.

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

April gold posted a key reversal down on Friday as it consolidated some of the rally off December's low. 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 signaling that sideways to higher prices are possible near-term. If April extends the rally off December's low, the 62% retracement level of the September-December decline crossing at 1772.28 is the next upside target. Closes below the 20-day moving average crossing at 1683.30 would confirm that a short-term top has been posted. First resistance is today's high crossing at 1765.90. Second resistance is the 62% retracement level of the September-December decline crossing at 1772.80. First support is the 10-day moving average crossing at 1722.90. Second support is the 20-day moving average crossing at 1683.30.

March silver closed lower due to profit taking on Friday as it consolidated some of the rally off December's low. The low-range close set the stage for a steady to lower opening on Monday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 87% retracement level of the November-December decline crossing at 34.492 is the next upside target. Closes below the 20-day moving average crossing at 31.642 would confirm that a short-term top has been posted. First resistance is Thursday's high crossing at 34.410. Second resistance is the 87% retracement level of the November-December decline crossing at 34.492. First support is the 10-day moving average crossing at 33.317. Second support is the 20-day moving average crossing at 31.642.

March copper closed higher on Friday following today's bullish employment report. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are diverging but are turning neutral hinting that sideways to higher prices are possible near-term. If March extends the rally off December's low, the 62% retracement level of the August-October decline crossing at 395.77 is the next upside target. Closes below the 20-day moving average crossing at 372.96 would confirm that a short-term top has been posted. First resistance is last Friday's high crossing at 393.90. Second resistance is the 62% retracement level of the August-October decline crossing at 395.77. First support is the 20-day moving average crossing at 372.96. Second support is January's low crossing at 337.80.