What stood out to me at the end of October? The consistency across US agriculture markets. Grains: Short across the board. Including December corn and November soybeans as well as [...]

December Corn: After completing a bearish key reversal during September, confirming the move to a major (long-term) downtrend, the Dec26 contract extended this trend to a low of $4.4750 during [...]

I've never liked using continuous monthly charts for the livestock markets given the different approach to analysis of futures spreads. However, it's what we have at this time so I'll [...]

Cotton (Dec contract Only): The December 2026 futures contract extended its major (long-term) downtrend to a low of 77.05 before closing October at 77.83, down 0.69 (0.88%) for the month. [...]

As usual, I don't know how much we can read into technical analysis of the Energies sector at this time. Much could depend on the outcome of US mid-term elections [...]

Gold (Cash Index): The Index extended its major (long-term) downtrend to a low of $3,870.47 before closing October at $3,875.58, down $281.29 (6.77%) for the month. Monthly stochastics remain above [...]

The S&P 500 ($INX) posted a new all-time high of 7,844.52 during October before selling off late, closing at 7,580.07, down 71.47 (0.93%) for the month. Technically, this completed a [...]

The common theme of the Currencies sector this month is volatility tied to elections around the world and global central bank actions to deal with inflation caused by failed trade [...]

What stood out to me at the end of September? Grains Most of the long-term monthly charts showed bearish reversals during September, despite the fact reads on real fundamentals didn't [...]

Note: The Grains sector is difficult at the end of September. From a technical point of view, I see long-term reversal patters resulting in sell signals in nearly all markets. [...]

Live Cattle (Nearby futures): Despite consolidation during September, the market still looks to be in a major (long-term) downtrend. The downtrend began with the bearish key reversal during May 2026. [...]

Cotton (Dec contract Only): The December futures contract moved to a secondary (intermediate-term) downtrend with a bearish key reversal the first week of September. This was followed by the completion [...]

Brent crude (QA): Theoretical Positions: It’s possible investors went long the market during January or February on bullish technical breakouts. The market completed another bullish outside range during July. The [...]

Gold (Cash Index): While the Index consolidated during September, it remains in a major (long-term) downtrend that began with a bearish outside monthly range during March. The Index closed September [...]

The US dollar index ($DXY): The Index still looks to be in a major (long-term) uptrend that was confirmed as the greenback posted a new 4-month high during March 2026. [...]

The S&P 500 ($INX) consolidated during September before closing at 7,651.54, down 34.60 (0.45%) for the month. Theoretical Positions: Investors likely bought back into the Index durning April and are [...]

August was a busy month for the Newsom Capital Corn Fund. This fund is based on a couple different tools: December corn futures only and Exchanged Traded Funds (ETFs), the [...]

What stood out to me at the end of August? Both Grains and Softs, two sectors filled with weather derivative markets, continued to show long-term uptrends. Despite continued volatility, Energies [...]

December Corn: The Dec26 contract extended the major (long-term) uptrend to a high of $5.42 during August before closing at $5.3775, down 73.75 cents (15.9%) for the month. Dec26 took [...]

Live Cattle (Nearby futures): The market extended its major (long-term) downtrend to a low of $205.125 before the October issue closed August at $212.675, down $14.575 (6.4%)for the month. The [...]

Cotton (CTY00, Cash Index): The Index extended its major (long-term) uptrend to a high of 87.95 during August before closing at that price, up 11.2 cents (14.6%) for the month. Theoretical [...]

Brent crude (QA): Theoretical Positions: It’s possible investors went long the market during January or February on bullish technical breakouts. The market completed another bullish outside range during July before [...]

Gold (Cash Index): Despite the rally in cash gold during August, the Index remains in a major (long-term) downtrend that began with a bearish outside monthly range during March. The [...]

The S&P 500 ($INX) extended its major (long-term) uptrend to a high of 7,816.70 during August before closing at 7,686.14, up 196.42 (2.6%) for the month. Theoretical Positions: Investors likely [...]

The US dollar index ($DXY): Despite posting another lower monthly close at the end of August, the US dollar index still looks to be in a major (long-term) uptrend that [...]