A.M. Look 2/17/11

USD/CAD is running some short term stops under 98.30.

Copper has just completed a 50 % move back on the year. We have an outside reversal day put in Tuesday with a possible outside reversal week with a close under 44810. This is not a place to sell weakness in Copper.

The Grains held some interesting support yesterday with 1355 area in the (H) Soybeans now becoming pivotal for any further weakness.

Let the day unfold.

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