The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) consolidated during June after posting a bullish outside range during May. The index remains oversold with stochastics [...]

Live Cattle (Cash Index): Technically, the cash market remains in a major (long-term) uptrend as it jumped to a new high of $190.00 early in June. However, by the end [...]

Brent crude (QA) remains in a major (long-term) downtrend, though the spot-month did consolidate during June. Monthly stochastics completed another bullish crossover below the oversold level of 20%, a signal [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend, posting a new 4-month high during June and the highest monthly close (4,150.38) since March 2022 (4,530.41). Theoretical Positions: [...]

The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart with a downside target near 99.00. However, the $DXY continues to hold above support at [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) uptrend, though it did post an inside range during May. Monthly stochastics established another bearish crossover above the [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) extended its major (long-term) 3-wave downtrend to a low of $5.7818 during May before closing at $6.2820, up [...]

The Barchart National Soybean Price Index (NSPI, intrinsic value of the market) remains in a major (long-term) 3-wave downtrend. Wave 8 (the final wave of a 5-wave uptrend and 3-wave [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) continues to go back and forth monthly. However, the index did post a bullish outside range during [...]

Brent crude (QA) rejoined its major (long-term) downtrend as it moved to a new 4-month low of $68.20 during May. Monthly stochastics remain below the oversold level of 20%, leaving [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend, posting a new 4-month high during May. Theoretical Positions: Long from the October 2022 close of 3,871.98 with a [...]

The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart with a downside target near 99.00. While the $DXY rallied during May, monthly stochastics above [...]

The Barchart National Soybean Price Index (NSPI, intrinsic value of the market) remains in a major (long-term) 3-wave downtrend. Wave 8 (the final wave of a 5-wave uptrend and 3-wave [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) uptrend as it hit a new high of $175.00 during April. Theoretical Positions: Traders would likely be long [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) extended its major (long-term) 3-wave downtrend to a low of $6.0483 during April. This was a test of [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend with initial resistance at the February high of 4,195.44. Theoretical Positions: Long from the October 2022 close of 3,871.98 [...]

The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart with a downside target near 99.00. The index extended its trend to a low of [...]

Brent crude (QA) looks to be in the process of rolling out of its major (long-term) 3-wave downtrend. Monthly stochastics established a bullish crossover below the oversold level of 20% [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) moved back into a major (long-term) 3-wave downtrend as it took out the March low of $7.3522. [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) became more complicated during March as it posted a bearish spike reversal. The chart is thrown off by [...]

The Barchart National Soybean Price Index (NSPI, intrinsic value of the market) remains in a major (long-term) 3-wave downtrend despite the higher close to March. With monthly stochastics above the [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) completed its major (long-term) 3-wave downtrend and rolled into a 5-wave uptrend during March. This was done [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) uptrend as it hit a new high of $165.00 during March. The market’s reported all-time high from November [...]

Brent crude (QA) still looks to be in a major (long-term) 3-wave downtrend, with the spot-month contract extending the move to a low of $70.13 before rallying to close out [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend with initial resistance at the February high of 4,195.44. Theoretical Positions: Long from the October close of 3,871.98 with [...]