Monthly Analysis: Softs
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 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 [...]
Cotton (CTY00, Cash Index): While the eyeball test tells us the major (long-term) trend is sideways, the Index did post a new 4-month high during November, possibly triggering some buying [...]
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): After posting a [...]
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) extended its major (long-term) uptrend to a new all-time high of $2,955.40 before closing February at $2,858.48, up $58.74 for the month. Given [...]
The S&P 500 ($INX) completed another bearish spike reversal during February, making it the fifth consecutive month of conflicting technical patterns. Bearish spike reversals were completed during October, December, and [...]
The US dollar index ($DXY): There continues to be no consistent trend with the US dollar index as it closed February at 107.61, down 0.12 for the month. Looking ahead [...]
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 Index posted a new all-time high of 208.00 during January, closing at that price, up $16 for the month. Theoretical Positions: Hedgers have likely been [...]
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) extended its major (long-term) uptrend to a new all-time high of $2,815.25 before closing January at $2,799.74, up $193.97 for the month. Given [...]
The S&P 500 ($INX) completed a bullish outside month during January, extending the occurrence of conflicting technical patterns to 4 months. Recall the $INX completed a bearish spike reversal during [...]
The US dollar index ($DXY): The $DXY extended its major (long-term) uptrend to a high of 110.18, its highest level since November 2022. However, the $DXY closed January at 108.37, [...]