The Bullish Consensus weekly hotline is published by: Market Vane Corporation formerly known as Hadady Corporation www.marketvane.net Phone: (626) 395-7436 Fax: (626) 795-7654 E-mail: marketvane@earthlink.net COPYRIGHT NOTICE: This information for use ONLY by an individual or a brokerage firm account executive in a subscribing office for one-on-one discussions with clients and prospective clients. Other dissemination in any form is a copyright violation and protective action will be taken. 12 Month 06/14 06/15 06/16 06/19 06/20 Hi Low 36 34 32 34 34 69 23 Stock Market 57 61 62 61 59 69 15 T Bonds 24 24 25 23 22 47 5 T Bills 22 22 22 22 20 49 8 Eurodollar 37 36 36 35 35 57 13 Gold 28 28 28 26 24 70 23 Silver 90 90 91 93 95 97 22 Platinum 43 45 48 50 48 78 3 Copper 50 50 51 54 55 93 30 J. Yen 28 26 28 26 26 68 3 D. Mark 34 30 32 31 33 58 3 S. Franc 18 22 23 22 26 85 3 B. Pound 47 44 45 46 45 85 29 C. Dollar 67 68 66 66 67 97 24 Dol. Index 97 95 90 88 90 98 14 Crude Oil 89 87 82 81 81 92 6 Heating Oil 98 98 92 90 89 98 5 Unleaded Gas 52 52 49 49 46 78 3 Soybeans 12 12 13 14 15 40 4 Bean Oil 65 64 61 61 60 77 3 Bean Meal 15 16 17 15 12 48 3 Corn 7 7 7 10 13 33 2 Wheat 13 15 17 15 13 40 3 Oats 41 39 37 35 33 66 27 Cattle 43 41 41 41 44 85 20 Fdr. Cattle 60 62 65 66 68 91 16 Hogs 65 68 72 74 70 97 7 Bellies 87 85 81 83 82 87 2 Sugar 14 14 14 12 12 29 2 Cocoa 23 20 20 20 19 64 4 Coffee 17 19 22 27 29 39 4 FCOJ 35 35 34 31 31 61 2 Cotton 18 17 21 19 14 93 5 Lumber Stock Market S&P 500 futures rose from a test of short term support. The Daily Bullish Consensus (BC) hovers moderately above the oversold window. Total Open Interest (OI) is up 7 percent from last week. Signals are neutral short term. The intermediate trend is neutral/bullish. Interest Rates T-Bond futures are moving sideways/higher to test overhead resistance. The Daily BC hovers well above the neutral area. OI is down 1 percent from last week. Signals are bearish/neutral short term. The intermediate trend is neutral. Eurodollar futures are moving sideways/higher to test overhead resistance. The Daily BC hovers moderately above the oversold window. OI is up 3 percent from last week. Signals are neutral/bearish short term. The intermediate trend is cautiously bullish/neutral. Metals Gold futures declined from a test of short term overhead resistance. The Daily BC hovers well above the oversold area. OI is up 7 percent from last week. Signals are neutral short term. The intermediate trend is neutral/bearish. Silver futures are moving sideways/lower to test support. The Daily BC declined moderately above the 12 month low. OI is down 1 percent from last week. Signals are neutral short term. The intermediate trend is oversold and warns of a corrective rally. Platinum futures rose from a test of short term support. The Daily BC hovers moderately below the 12 month high. OI is down 5 percent from last week. Signals advise caution for recent Bulls short term. The intermediate trend is overbought and warns of a corrective decline. Copper futures are consolidating the recent test of overhead resistance. The Daily BC hovers near the neutral area. OI is down 5 percent from last week. Signals are bearish/neutral short term. The intermediate trend is neutral. Currencies Japanese Yen futures are rising to test overhead resistance. The Daily BC rose moderately above the neutral area. OI is up 7 percent from last week. Signals are bullish/neutral short term. The intermediate trend is neutral/bullish. Swiss Franc futures are moving sideways/higher to test overhead resistance. The Daily BC hovers well above the oversold area. OI is up 32 percent from last week. Signals are bullish/neutral short term. The intermediate trend is cautiously bullish/neutral. British Pound futures rose from a test of short term support. The Daily BC rises well above the oversold area. OI is up 6 percent from last week. Signals are Bullish short term. The intermediate trend is bullish/neutral. Canadian Dollar futures are consolidating the most recent rally. The Daily BC hovers moderately below the neutral area. OI is down 3 percent from last week. Signals are neutral/bearish short term. The intermediate trend is neutral. Dollar Index futures are moving sideways/lower to test support. The Daily BC hovers moderately below the overbought window. OI is down 50 percent from last week. Signals are neutral/bullish short term. The intermediate trend is bearish/neutral. Energy Complex Crude Oil futures rose from a test of short term support. The Daily BC hovers within the overbought window. OI is up 2 percent from last week. Signals still advise some caution for recent Bulls short term. The intermediate trend is overbought and warns of a corrective decline. Heating Oil futures are moving sideways/lower to test short term support. The Daily BC hovers within the overbought window. OI is up 7 percent from last week. Signals still advise some caution for recent Bulls short term. The intermediate trend is bearish/neutral. Unleaded Gas futures are moving sideways/lower to test short term support. The Daily BC declined within the overbought window. OI is up 7 percent from last week. Signals advise some caution for recent Bulls short term. The intermediate trend is bearish/neutral. Grains Soybean futures are moving sideways/lower to test support. The Daily BC declined moderately below the neutral area. OI is down 5 percent from last week. Signals are Bearish short term. The intermediate trend is cautiously bearish/neutral. Soybean Oil futures are moving sideways/higher to test short term overhead resistance. The Daily BC hovers moderately above the oversold window. OI is up 4 percent from last week. Signals are neutral short term. The intermediate trend is bullish/neutral. Soybean Meal futures are moving sideways/lower to test support. The Daily BC declined well below the overbought area. OI is down 2 percent from last week. Signals are bearish/neutral short term. The intermediate trend is bearish/neutral. Corn futures are moving sideways/lower in search of support. The Daily BC declined moderately above the oversold window. OI is down 1 percent from last week. Signals are bearish/neutral short term. The intermediate trend is cautiously bearish/neutral. Wheat futures are rising to test short term overhead resistance. The Daily BC rose moderately above the oversold window. OI is up 4 percent from last week. Signals are Bullish short term. The intermediate trend is bullish/neutral. Oat futures are moving sideways/lower in search of support. The Daily BC hovers moderately above the oversold window. OI is about unchanged from last week. Signals are bearish/neutral short term. The intermediate trend is bearish/neutral. Meats Live Cattle futures are moving sideways/lower to test support. The Daily BC declined moderately above the oversold window. OI is down 4 percent from last week. Signals are neutral short term. The intermediate trend is cautiously bearish/neutral. Feeder Cattle futures are rising to test overhead resistance. The Daily BC hovers well below the neutral area. OI is up 7 percent from last week. Signals are bullish/neutral short term. The intermediate trend is neutral/bullish. Lean Hog futures rose from a test of short term support. The Daily BC hovers well below the overbought area. OI is down 6 percent from last week. Signals are neutral short term. The intermediate trend is neutral. Pork Bellies futures are consolidating the most recent rally. The Daily BC hovers moderately below the overbought window. OI is down 5 percent from last week. Signals are Bearish short term. The intermediate trend is neutral. Foods Sugar futures rose from a test of short term support. The Daily BC hovers within the overbought window. OI is down 5 percent from last week. Signals advise caution for recent Bulls short term. The intermediate trend is overbought and warns of a corrective decline. Cocoa futures are declining to test support. The Daily BC stalls well above the oversold area. OI is down 1 percent from last week. Signals are neutral short term. The intermediate trend is bearish/neutral. Coffee futures are moving sideways/lower in search of support. The Daily BC declined well above the oversold area. OI is down 1 percent from last week. Signals are neutral short term. The intermediate trend is bearish/neutral. Orange Juice futures are moving sideways/higher to test overhead resistance. The Daily BC rose well above the oversold area. OI is up 5 percent from last week. Signals are bullish/neutral short term. The intermediate trend is bullish/neutral. Fibers Cotton futures are moving sideways/lower to test support. The Daily BC hovers well above the oversold area. OI is down 4 percent from last week. Signals are neutral short term. The intermediate trend is bearish/neutral. Lumber futures are declining to test support. The Daily BC declined moderately above the oversold window. OI is down 2 percent from last week. Signals are Bearish short term. The intermediate trend is cautiously bearish/neutral. Market Vane Corporation www.marketvane.net PO Box 90490 Pasadena, CA 91109-0490 Phone: (626) 395-7436 Fax: (626) 795-7654