Several key USDA reports come out June 30. Blue Line Futures' Oliver Sloup breaks down the technical landscape for grains, soybeans, and other commodities.U.S. benchmarks are unchanged ahead of the bell after grinding out a strong close yesterday. The S&P 500 index traded to a new low overnight, ahead of Thursday’s session, and held the retest at the open. U.S. benchmarks were roiled yesterday as Covid-19 cases surged by roughly 35,000, the most since April.After a soft finish yesterday, selling pressure kicked in on the European open due to reports the White House is considering additional tariffs on the E.U. and U.K.U.S. benchmarks pointed higher ahead of the bell despite a quick whipsaw early last night. On Friday’s quadruple witching, U.S. benchmarks posted session highs at the opening bell upon the expiration of June futures and options. Quadruple witching typically brings volatility in its aftermath as positions are unwound. Ahead of the Federal Reserve meeting last week, we called for this date to bring a cleansing.U.S. benchmarks trekked lower last night and found strong major 3-star support. Price action has ping-ponged around ahead of the U.S. session.U.S. equity benchmarks shook off a brief bat with reinvigorated volatility yesterday morning. After a blowout MoM May Retail Sales read, price action in the S&P 500 surged to its high of the session (YoY was -6.1%)Better economic data bolstered risk sentiment and offset fears the virus is reemerging.