The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart with a downside target of 99.11. Meanwhile, the secondary (intermediate-term) and minor (short-term) trends still look [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend that began with a bearish 2-month reversal during April and May [...]

The Barchart National Soybean Price Index (NSPI, intrinsic value of the market) remains in a major 3-wave downtrend with the ongoing rally off the Wave A low (October) of $12.9987 [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend. The HWPI is expected to take out the Wave A [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) uptrend as it hit a new high of $163.56 at the end of February. As a friend in [...]

Brent crude (QA) still looks to be in a major (long-term) 3-wave downtrend, though the spot-month contract continues to consolidate above the December 2022 low of $75.11. This indicates the [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend. February saw the $INX post a bearish spike reversal indicating it had moved into a Wave 2 selloff with [...]

The US dollar index ($DXY) remains in a major (long-term) downtrend on its monthly chart. The secondary (intermediate-term) uptrend on the weekly chart looks to be Wave B (second wave) [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend that began with a bearish 2-month reversal during April and May [...]

The Barchart National Soybean Price Index (NSPI, intrinsic value of the market) remains in a major 3-wave downtrend with the ongoing rally off the Wave A low (October) of $12.9987 [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend. January saw the HWPI post a low of $7.6673, holding [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) up as it hit a new high of $157 during January before closing at $156. Based on monthly [...]

Brent crude (QA) still looks to be in a major (long-term) 3-wave downtrend. However, the spot-month contract spent the month of January consolidating within the December range meaning a test [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend as the index tested resistance at its previous 4-month high of 4,119.28 (September 2022) with a January high of [...]

The US dollar index ($DXY) extended its major (long-term) downtrend to a low of 101.50 during January before closing at 102.10, down 1.42 for the month. The next downside target [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend that began with a bearish 2-month reversal during April and May [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend. Wave C (third wave) is expected to take out the [...]

Live Cattle (Cash Index): The cash market remains in a major (long-term) up as it held near the high of $155 during December. Based on monthly stochastics the live cattle [...]

Brent crude (QA) still looks to be in a major (long-term) 3-wave downtrend. The spot-month contract posted a low of 75.11 during December, a test of  the target at $76.50. [...]

The S&P 500 ($INX) remains in a major (long-term) 5-wave uptrend despite the lower close to December. The secondary (intermediate-term) downtrend looks to be Wave 2 of the major pattern, [...]

The US dollar index ($DXY) extended its major (long-term) downtrend to a low of 103.39 during December. The next downside target is 101.99, the 50% retracement level of the previous [...]

The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a major (long-term) downtrend that began with a bearish 2-month reversal during April and May 2022 [...]

The Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) remains in a major (long-term) 3-wave downtrend. Wave C (third wave) is expected to take out the [...]

Live Cattle (Cash Index): The cash market extended its major (long-term) uptrend to a high of $155 during November and closed at that mark. This was the highest monthly close [...]

Brent crude (QA) still looks to be in a major (long-term) 3-wave downtrend despite the higher close to October. The spot-month contract finished at $92.81 as compared to September’s settlement [...]