Grains
December Corn: Dec25 completed a bullish spike reversal during August (2024 and 2025). If the market is in a major (long-term) sideways trend, then a move toward the high end [...]
December Corn: Dec25 completed a bullish spike reversal during August (2024 and 2025). If the market is in a major (long-term) sideways trend, then a move toward the high end [...]
Live Cattle (Cash Index): The cash index extended its major (long-term) uptrend to a high of $242 during September before closing at $240, unchanged for the month. The Index has [...]
Cotton (CTY00, Cash Index): The cotton market remains in a major (long-term) sideways trend. Theoretical Positions: Long-term investors might’ve bought on the move to a new 4-month high of 67.43 [...]
Brent crude (QA): I don’t see a clear pattern on the market’s long-term monthly chart. Theoretical Positions: Long-term investors are likely on the sidelines for now given the forward curve [...]
Gold (Cash Index): The cash index (GCY00) closed September at $3,858.51, a new record high monthly close. Through the early morning hours of October 1, the Index has extended its [...]
The US dollar index ($DXY): The US dollar index completed a bullish key reversal during July, confirming a move to a major (long-term) uptrend. Given the main fundamental factor of [...]
The S&P 500 ($INX): The bottom line is the Index extended its major (long-term) uptrend to a new high of 6,699.52 during September before closing at 6,686.46, up 228.20 (3.5%) [...]
December Corn: Dec25 completed a bullish spike reversal during August. If the market is in a major (long-term) sideways trend, then a move toward the high end near $4.80 would [...]
Live Cattle (Cash Index): The cash index extended its major (long-term) uptrend to a high of $240 during August before closing at that mark, up $8.00 (3.5%) for the month. [...]
Cotton (CTY00, Cash Index): The cotton market remains in a major (long-term) sideways trend. Theoretical Positions: Long-term investors might’ve bought on the move to a new 4-month high of 67.43 [...]
Brent crude (QA): I don’t see a clear pattern on the market’s long-term monthly chart. Theoretical Positions: Long-term investors are likely on the sidelines for now given the forward curve [...]
Gold (Cash Index): The cash index (GCY00) closed August at $3,447.93, a new record high monthly close. The previous all-time high for the Index is $3,495.89 from April 2025. Theoretical [...]
The S&P 500 ($INX): The bottom line is the Index extended its major (long-term) uptrend to a new high of 6,508.23 during August before closing at 6,460.26, up 120.87 (1.9%) [...]
The US dollar index ($DXY): The US dollar index completed a bullish key reversal during July, confirming a move to a major (long-term) uptrend. Given the main fundamental factor of [...]
December Corn: It’s likely Dec25 established the high-end of a potential major (long-term) sideways range back in February at $4.7975, similar to what occurred during the winter of 2014-2015. Recall [...]
Live Cattle (Cash Index): The cash index consolidated within the June range before posting a new all-time high monthly close of $232.00 at the end of July. Is the market [...]
Cotton (CTY00, Cash Index): I keep going back and forth on a major (long-term) uptrend or sideways trend. Yes, the index hit a new 4-month high during June but found [...]
Brent crude (QA): I don’t see a clear pattern on the market’s long-term monthly chart. Theoretical Positions: Long-term investors are likely on the sidelines for now given the forward curve [...]
Gold (Cash Index): The cash index (GCY00) continued to consolidate during July. This was the third consecutive month of consolidation, so I'm going to call the major (long-term) trend sideways, [...]
The S&P 500 ($INX): It could still be argued the S&P 500 remains in a major (long-term) downtrend that began with the bearish spike reversal completed during February 2025 and [...]
The US dollar index ($DXY): The US dollar index completed a bullish key reversal during July, confirming a move to a major (long-term) uptrend. Given the main fundamental factor of [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Energies sector. Buffett has said on the subject, “I realized that [...]
December Corn: It’s likely Dec25 established the high-end of a potential major (long-term) sideways range back in February at $4.7975, similar to what occurred during the winter of 2014-2015. Recall [...]
Live Cattle (Cash Index): The futures market extended its major (long-term) uptrend to a high of $235.00 before closing June at $225.00, up $2.87 for the month. Fundamentally, the market [...]
Cotton (CTY00, Cash Index): The Index looks to have moved into a major (long-term) uptrend as it took out the April high of 67.42 during June. The Index closed last [...]