Metals
Gold (Cash Index): The cash index (GCY00) continued to consolidate during June but remains in a major (long-term) uptrend. The Index closed at $3,303.08, up $12.85 for the month. Theoretical [...]
Gold (Cash Index): The cash index (GCY00) continued to consolidate during June but remains in a major (long-term) uptrend. The Index closed at $3,303.08, up $12.85 for the month. Theoretical [...]
The S&P 500 ($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 extended its major (long-term) downtrend during June, falling to a low of 96.75 before closing at 96.88, down 2.45 for the [...]
Note: I’ve changed the Monthly Analysis of the Grains sector, looking at the long-term investment side with ETFs for the three major markets as well as continuous December corn and [...]
Live Cattle (Cash Index): The futures market extended its major (long-term) uptrend to a high of $221.13 during May. Fundamentally, the market remains bullish, according to futures spreads. Theoretical Positions: [...]
Side Note: For the record, I continue to agree more with Warren Buffett’s thoughts on technical analysis, “I realized that technical analysis didn’t work when I turned the chart upside [...]
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 [...]
Gold (Cash Index): The cash index (GCY00) consolidated during May but remains in a major (long-term) uptrend. The Index closed at $3,290.23, up $1.02 for the month. Theoretical Positions: It’s [...]
Side Note: For the record, I continue to agree more with Warren Buffett’s thoughts on technical analysis, “I realized that technical analysis didn’t work when I turned the chart upside [...]
The US dollar index ($DXY): Despite last month's consolidation the US dollar index still looks to be in a major (long-term) downtrend. The $DXY closed the month at 99.33, down [...]
Note: I’ve changed the Monthly Analysis of the Grains sector, looking at the long-term investment side with ETFs for the three major markets as well as continuous December corn and [...]
Side Note: I will be taking a look at month-end futures spreads in the three major livestock markets in Supply and Demand Commentary. Live Cattle (Nearby futures): The futures market [...]
Side Note: For the record, I continue to agree more with Warren Buffett’s thoughts on technical analysis, “I realized that technical analysis didn’t work when I turned the chart upside [...]
Side Note: For the record, I’m in agreement with Warren Buffett’s thoughts on technical analysis, at least in the Energies sector. Buffett has said on the subject, “I realized that [...]
Side Note: Like many other market sectors, much of what I am about to discuss in Monthly Analysis: Metals is null and void given market activity on Thursday, May 1. [...]
Side Note: For the record, I continue to agree more with Warren Buffett’s thoughts on technical analysis, “I realized that technical analysis didn’t work when I turned the chart upside [...]
The US dollar index ($DXY): From a technical point of view, the US dollar index looks to have moved into a major (long-term) downtrend as it fell to a low [...]
Note: I’ve changed the Monthly Analysis of the Grains sector, looking at the long-term investment side with ETFs for the three major markets as well as continuous December corn and [...]
Side Note: I will be taking a look at month-end futures spreads in the three major livestock markets in Supply and Demand Commentary. Live Cattle (Cash Index): The market gained [...]
Cotton (CTY00, Cash Index): Despite the Index posting a bullish spike during March, I'm going to call the major (long-term) trend sideways between 61.07 (July 2024) and 67.93 (November 2024). [...]
Brent crude (QA) longs to have confirmed a major (long-term) uptrend during March. The spot-month contract completed a bullish spike reversal, confirming the bullish crossover by monthly stochastics below the [...]
Gold (Cash Index): The cash index (GCY00) extended its major (long-term) uptrend to a new all-time high of $3,124.93 before closing February at $3,123.96, up $265.48 for the month. Given [...]
The S&P 500 ($INX) confirmed the major (long-term) downtrend indicated at last February's settlement. After completing a bearish spike reversal last month, the Index fell below its previous 4-month low [...]
The US dollar index ($DXY): There continues to be no consistent trend with the US dollar index as it closed February at 104.21, down 3.40 for the month. This was [...]
Note: I’ve changed the Monthly Analysis of the Grains sector, looking at the long-term investment side with ETFs for the three major markets as well as continuous December corn and [...]