1. March to June Rollover Notice

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 11th at 8:30 am Chicago time from the March 2010 contract to the June 2010 contract. The month code for June is 'M'.

It is recommended that all new positions be placed in the June contract as of Thursday's trade date.

Please close any open March Currencies positions by the close on Friday the 12th.

Should you have any further questions please contact your broker.

2. Hot Market Report: Wheat Bears May Be Exhausted at Lower Price Levels

by Jim Wyckoff

Wheat Bears

Disclaimer: The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

May wheat futures on the Chicago Board of Trade Wednesday hit a fresh five-week low of $4.83 a bushel, stopping just short of strong technical support at the February low of $4.80 3/4. After traders digested a bearish monthly USDA supply and demand report for wheat, prices did move off the session low and did poke above unchanged. If May Chicago wheat futures can produce a close near the session high Wednesday, that would be one very early bullish technical clue that a market low is in place. When a market cannot sustain downside price action following fresh bearish fundamental news (Wednesday morning's USDA data) then that is a clue that all the bearish fundamental news has been factored into the market's price structure and that the bears have become exhausted at lower price levels. Also, if May Chicago wheat futures do rally from present price levels, then a bullish double-bottom reversal pattern could be forming on the daily bar chart. However, at present to wheat market bears do still possess the overall technical advantage and bulls have much more work to do to suggest a price uptrend can be sustained. May wheat is presently still trading below a downtrend line on the daily bar chart, drawn from the November, December and January lows. Technical resistance for May Chicago wheat is located at Wednesday's high of $4.93, at $5.00 and then at $5.10. Technical support is located at Wednesday's low of #4.83 and then at the February low of $4.80 3/4.

Jim has an excellent daily newsletter where he reviews different markets, alerts you for potential trades and much more. Included is his great bi-weekly newsletter with charts and a little longer term outlook. We recommend checking out his website, educational CDROM, and services at Jim Wyckoff

3. Economic Calendar

Source: Moore Research Center, Inc.

Date	Reports	Expiration & Notice Dates
03/11 Thu	7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Trade Balance(Jan) 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply
03/12 Fri	7:30 AM CST - Dairy Products Prices 7:30 AM CST - Retail Sales(Feb) 8:55 AM CST - Mich Sentiment(Mar) 9:00 AM CST - Business Inventories(Jan)	LT: Mar Barley(CBT) Mar Corn(CBT) Mar Oats(CBT) Mar Rice(CBT) Mar Soybeans(CBT) Mar Soymeal(CBT) Mar Soyoil(CBT) Mar Wheat(CBT) Apr Coffee Options(ICE)
03/15 Mon	7:30 AM CDT - NOPA Crush 8:00 AM CDT - Net Long-Term TIC Flows(Dec) 8:15 AM CDT - Capacity Util & Industrial Prod(Feb)	LT: Mar Eurodollar(CME) Mar Currencies(CME) Mar US Dollar Index(ICE) Mar Lumber(CME) Mar Eurodollar Options(CME) Apr Sugar 11 Options(NYM)
03/16 Tue	7:30 AM CDT - Building Permits & Housing Starts(Feb) 7:30 AM CDT - Export & Import Prices(Feb) FOMC Meeting	FN: Mar US Dollar Index(ICE) Mar Lumber(CME) Mar Canadian Dollar(CME) Mar Cocoa(ICE)
03/17 Wed	7:30 AM CDT - Core PPI & PPI(Feb) 9:30 AM CDT - API & DOE Energy Stats	LT: Apr Crude Lt Options(NYM) Apr Platinum Options(CMX)
03/18 Thu	7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Core CPI & CPI (Feb) 9:00 AM CDT - Leading Indicators(Feb) 9:00 AM CDT - Philadelphia Fed(Mar) 9:30 AM CDT - EIA Gas Storage 3:30 PM CDT - Money Supply	LT: Mar NASDAQ(CME) Mar S&P 500(CME) Mar Value Line(CME) Mar NASDAQ Options(CME) Mar S&P 500 Options(CME) Mar Value Line Options(CME)

* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.

** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!