Live Cattle (Cash Index): It's a tough call on the monthly chart for the live cattle cash index. August saw a second consecutive month of a standoff, closing at $179.00. [...]

Brent crude (QA) is in a major (long-term) uptrend after posting a new 4-month high of $88.10 during August. The initial upside target is near $94.50, the 38.2% rertracment level [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend. Seasonally, the S&P tends to move lower during August and September before rallying through the end of the year.. [...]

The US dollar index ($DXY): I'm going to call this a major (long-term) sideways trend for now, something that looks to have become a familiar theme at the end of [...]

Sticking with last month's Analysis: The monthly close-only chart of the cash index I track for basis and monthly available stocks-to-use continues to follow a similar path to what was [...]

Sticking with the Analysis from last month: The monthly close-only chart of the cash index I track for basis and monthly available stocks-to-use continues to show a classic head and [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) continued to consolidate during July after posting a bullish outside range during May. The index remains oversold [...]

Live Cattle (Cash Index): Technically, the cash market remains in a major (long-term) uptrend as it closed July at $179.00. However, the cash market is looking top heavy as it [...]

Brent crude (QA) looks to be in a major (long-term) sideways trend between the previous 4-month high of $87.49 and 4-month low of $68.20. A bullish reversal would be completed [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend, extending the move during July to 4,607.07. After 5 consecutive higher monthly closes, the S&P would be expected to [...]

The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart with a downside target near 99.00. The USDX posted a low of 99.58 during July [...]

Changing it up a bit: The mostly close-only chart of the cash index I track for basis and monthly available stocks-to-use continues to follow a similar path to what was [...]

Changing it up a bit: The monthly close-only chart of the cash index I track for basis and monthly available stocks-to-use continues to show a classic head and shoulder top [...]

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 [...]