CBOT corn pulls back after rallying to around three-year highs
🌽 Chicago corn futures declined in the Sept. 2 session as traders took profits after a strong rally. December corn settled near $5.435 per bushel, down about 0.6%, while wheat and soybeans also came under selling pressure.
📈 Before the pullback, December corn had gained roughly 92.5 cents from its mid-August low. The rally was driven mainly by concerns that U.S. yields could come in below USDA projections, alongside support from Black Sea risks and stronger energy markets.
⚖️ The latest move appears more consistent with position adjustment than a shift in the underlying supply-demand trend. Ethanol demand remains relatively firm, helping limit the downside after the recent advance.
👀 Attention now turns to private production estimates and next week’s WASDE report. The $5.34 area is a nearby support zone, while $5.50 remains an important resistance level.
$INJ – Liquidation Map (7 Days) – Current Price 4.87
🔎 The 7-day liquidation map shows roughly $7.5–7.7 million in short liquidations above the current price, exceeding approximately $4.2 million in long liquidations below. The liquidity structure therefore favors the upside, with roughly 1.8 times more cumulative liquidity above the market.
📉 Below the market, nearby long-liquidation liquidity is concentrated around 4.85–4.72 before increasing sharply across 4.69–4.63. The strongest cluster sits near 4.66, where the liquidation bar reaches roughly $450,000, while 4.67–4.69 also contains several bars around $250,000–360,000. Losing 4.85 would shift attention toward 4.72–4.69.
📈 Above the market, short-liquidation liquidity begins building from around 4.90 and becomes much denser across 4.93–5.11. The strongest nearby cluster sits near 5.05, where the liquidation bar reaches roughly $300,000, while 5.08–5.11 also contains notable liquidity. Further out, 5.14–5.20 continues to hold several large clusters around $200,000–250,000.
🧭 The broader setup favors the upside because short-liquidation exposure above is roughly 1.8 times larger. Breaking 4.90 would increase the probability of a sweep toward 4.93–5.05, while losing 4.85 would shift attention toward 4.72–4.69.
SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 1.31% wide. The downtrend has lasted 2 hours 13 minutes, with a maximum recorded price decline of 6.94%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 1.16% wide. The downtrend has lasted 5 hours 35 minutes, with a maximum recorded price decline of 10.38%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
ByteDance nears $29.6 billion loan as AI investment race accelerates
🏦 ByteDance is nearing a roughly $29.6 billion loan, significantly above its initial $20 billion target after commitments from banks exceeded $30 billion.
💵 The facility is expected to have a three-year maturity, extendable to five years, and be priced at around SOFR +68 basis points. That is below ByteDance’s previous offshore borrowing cost, indicating strong lender demand.
🤖 The financing comes as ByteDance considers raising its AI-related spending to as much as $70 billion this year, with investment focused on data centers, chips and computing infrastructure.
⚠️ The agreement has not yet been fully signed, so the deal should be viewed as nearing completion rather than as funds already fully disbursed.
📊 If completed near the current size, the transaction would add another signal that large-scale AI infrastructure spending remains strong.
$ETHFI – Liquidation Map (7 Days) – Current Price 0.57
🔎 The 7-day liquidation map shows roughly $4.8–5.0 million in long liquidations below the current price, clearly exceeding approximately $2.1–2.2 million in short liquidations above. The liquidity structure therefore strongly favors the downside, with roughly 2.2 times more cumulative liquidity below the market.
📉 Below the market, nearby long-liquidation liquidity remains relatively thin around 0.568–0.559 before increasing across 0.550–0.539. The strongest clusters sit deeper around 0.524–0.519, where several liquidation bars reach roughly $180,000–210,000. Losing 0.568 would shift attention toward 0.559–0.550.
📈 Above the market, short-liquidation liquidity begins building from 0.573 and becomes more visible across 0.579–0.584. Further out, notable clusters appear around 0.600 and 0.611–0.621, with several bars around $60,000–90,000. These would become the main upside liquidity zones if price recovers.
🧭 The broader setup favors the downside because long-liquidation exposure below is roughly 2.2 times larger. Losing 0.568 would increase the probability of a sweep toward 0.559–0.550, while breaking above 0.573 would shift attention toward 0.579–0.584 and then 0.600.
SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 0.45% wide. The downtrend has lasted 3 hours 22 minutes, with a maximum recorded price decline of 3.92%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M1 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 4.14% wide. The downtrend has lasted 1 hour 52 minutes, with a maximum recorded price decline of 19.54%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
Lutnick expects U.S. interest rates to stabilize and decline over the next six months
🏛️ U.S. Commerce Secretary Howard Lutnick said he expects interest rates to stabilize before beginning to fall over roughly the next six months, adding that he is not overly concerned about the recent rise in Treasury yields.
📊 Lutnick argued that GDP growth above 3% and tariff revenue potentially approaching $400 billion annually could help narrow the fiscal deficit, supporting the bond market and lowering borrowing costs.
📈 Market pricing, however, remains tilted toward tighter policy. The 10-year Treasury yield recently touched 4.818%, while the probability of a 25-basis-point Fed rate hike in September is around 70%.
🛢️ Brent crude near $95 per barrel is also adding to inflation risks, leaving the outlook for lower rates uncertain. Lutnick’s comments currently reflect the administration’s fiscal outlook more than a clear signal that the Fed is preparing to reverse course.
$ARB – Liquidation Map (7 Days) – Current Price 0.1313
🔎 The 7-day liquidation map shows roughly $12 million in long liquidations below the current price, while short-liquidation exposure above is only around $1.2 million. The liquidity structure therefore strongly favors the downside, with roughly ten times more cumulative liquidity below the market.
📉 Below the market, nearby long-liquidation liquidity is concentrated around 0.1283–0.1247 before increasing sharply across 0.1217–0.1187. The strongest cluster sits near 0.1197, where the liquidation bar exceeds $700,000, while 0.1207–0.1217 also contains several bars around $350,000–450,000. Losing 0.1283 would shift attention toward 0.1247–0.1217.
📈 Above the market, short-liquidation liquidity remains relatively thin near the current price and becomes more visible from 0.1327–0.1349. The strongest nearby cluster sits around 0.1349, where the liquidation bar reaches roughly $250,000. Further out, 0.1363–0.1375 contains several smaller clusters.
🧭 The broader setup strongly favors the downside because long-liquidation exposure below is roughly ten times larger. Losing 0.1283 would increase the probability of a sweep toward 0.1247–0.1217, while breaking above 0.1327 would shift attention toward 0.1349–0.1363.
SC02 M1 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is approximately 0.40% wide. The downtrend has lasted 5 hours 43 minutes, with a maximum recorded price decline of 4.51%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M1 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is approximately 0.23% wide. The downtrend has lasted 2 hours 50 minutes, with a maximum recorded price decline of 1.42%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
Meta pushes Muse Spark 1.3 into the frontier tier with competitive API pricing
🤖 Meta has launched Muse Spark 1.3, the fourth update to the Muse family in five months, with a stronger focus on coding and long-running AI agents. On Artificial Analysis, the currently available version scored 61 on the Intelligence Index, placing it alongside several leading frontier models.
⚙️ Compared with Spark 1.2, Meta says the new model uses around 20% fewer tool calls and 25% fewer tokens for coding tasks. That improvement could lower both cost and latency for agents operating over longer sessions.
💰 API pricing remains at $1.25 per million input tokens and $4.25 per million output tokens. The contributor tier is significantly cheaper for users who allow Meta to use their data for model training. 📈 The announcement came after the U.S. market closed. META shares rose about 0.8–0.9% in after-hours trading, suggesting the immediate stock-market reaction remains limited.
$APT – Liquidation Map (7 Days) – Current Price 0.588
🔎 The 7-day liquidation map shows roughly $8 million in long liquidations below the current price, clearly exceeding approximately $2.7 million in short liquidations above. The liquidity structure therefore strongly favors the downside, with nearly three times more cumulative liquidity below the market.
📉 Below the market, nearby long-liquidation liquidity remains relatively thin around 0.572–0.560 before increasing sharply across 0.553–0.527. Strong clusters appear near 0.542 and especially 0.527–0.532, where the largest liquidation bar approaches $300,000. Losing 0.572 would shift attention toward 0.560–0.553.
📈 Above the market, short-liquidation liquidity begins building from around 0.591 and becomes denser across 0.596–0.601. The strongest nearby cluster sits near 0.596, where the liquidation bar approaches $200,000. Further out, 0.606 also contains a notable cluster before liquidity becomes much lighter.
🧭 The broader setup strongly favors the downside because long-liquidation exposure below is nearly three times larger. Losing 0.572 would increase the probability of a sweep toward 0.560–0.553, while breaking above 0.591 would shift attention toward 0.596–0.601.
SC02 M1 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 1.26% wide. The downtrend has lasted 1 hour 42 minutes, with a maximum recorded price decline of 8.01%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M15 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is approximately 25.68% wide. The uptrend has lasted 1 day 4 hours 30 minutes, with a maximum recorded price increase of 216.83%. If price loses this support zone, the trend is highly likely to reverse downward.
HPE beats expectations on AI demand, but shares fall after Q3 results
📊 HPE reported Q3 revenue of $12.21 billion, up 34% year over year, while non-GAAP EPS reached $1.11, around 19% above market expectations.
🤖 AI demand remained a key growth driver, with AI orders reaching $3.1 billion and backlog rising to $7.6 billion. Networking revenue jumped 75% YoY, while Cloud & AI grew 25%, showing broader momentum beyond servers.
📈 The company also raised its FY2026 non-GAAP EPS outlook to $3.75–$3.85 and expects FY2027 revenue to grow 13–17%, with free cash flow of at least $5 billion.
📉 Despite the strong results, HPE shares fell around 4–5% after hours. The reaction reflected elevated expectations after the stock’s strong YTD rally, while investors focused on Q4 margin pressure and component supply constraints that could slow backlog conversion.
$CRV – Liquidation Map (7 Days) – Current Price 0.358
🔎 The 7-day liquidation map shows roughly $6.7–6.9 million in long liquidations below the current price, clearly exceeding approximately $3.2 million in short liquidations above. The liquidity structure therefore strongly favors the downside, with roughly twice as much cumulative liquidity below the market.
📉 Below the market, long-liquidation liquidity begins building from around 0.355 and becomes much denser across 0.352–0.343. This is the strongest downside zone, with several liquidation bars around $280,000–350,000. Losing 0.355 would shift attention quickly toward 0.352–0.349.
📈 Above the market, short-liquidation liquidity begins building from 0.361 and increases across 0.364–0.373. The strongest nearby cluster sits around 0.367–0.368, where the liquidation bar reaches roughly $240,000. Further out, 0.384–0.395 also contains notable liquidity.
🧭 The broader setup favors the downside because long-liquidation exposure below is roughly twice as large. Losing 0.355 would increase the probability of a sweep toward 0.352–0.349, while breaking above 0.361 would shift attention toward 0.364–0.373.
SC02 M15 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 2.47% wide. The downtrend has lasted 1 day 21 hours 45 minutes, with a maximum recorded price decline of 15.65%. If price breaks above this resistance zone, the trend is highly likely to reverse upward.
SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is approximately 3.76% wide. The uptrend has lasted 15 hours 50 minutes, with a maximum recorded price increase of 36.44%. If price loses this support zone, the trend is highly likely to reverse downward.