Brent crude (QA) remains in a major (long-term) uptrend with the December low looking to be a Wave 2 trough of the 5-wave pattern. The spot-month contract posted a December [...]

Gold (Cash Index): The cash index (GCY00) extended its major (long-term) uptrend to a high of $2,232.75 before closing March at that mark. The market is sharply overbought, but this [...]

The S&P 500 ($INX) extended its major (long-term) uptrend to a high of 5,264.85 before closing March at 4,254.35, up 158.08 for the month. Theoretical Positions: Long from the October 2022 [...]

Corn Cash Index: The National Corn Price Index (NCI, national average cash price) extended its major (long-term) downtrend to a low of $3.8031 during February before closing at $3.9971, down [...]

Soybean Cash Index: The Soybean Price Index (ISY00, national average cash price) extended its major (long-term) downtrend to a low of $10.7812 during February before closing the month at $10.8015. [...]

The HRW Wheat Price Index (IHY00, national average cash price) fell to a new low of $5.1286 during February, erasing the bullish spike reversal from November 2023 that included a [...]

Live Cattle (Cash Index): The live cattle cash index remains in a major (long-term) downtrend despite the strong rally during February. We need to keep a close eye on the [...]

Brent crude (QA) remains in a major (long-term) uptrend with the December low looking to be a Wave 2 trough of the 5-wave pattern. The spot-month contract posted a December [...]

Gold (Cash Index): The cash index (GCY00) consolidated during February, staying within the December 2023 range from $2,122.65 to $1,973.95. It could still be argued the major (long-term) is set to [...]

The S&P 500 ($INX) remains in a major (long-term) uptrend, posting a new all-time high of 5,111.06 during February before closing at 5,096.27, up 250.62 for the month. Seasonally, the [...]

The US dollar index ($DXY): The $DXY remains in a major (long-term) 5-wave uptrend. The December low of 100.62 looks to be the bottom of Wave 2 (of a 5-wave [...]

Corn Cash Index: The National Corn Price Index (NCI, national average cash price) extended its major (long-term) downtrend to a low of $4.1805 during January before closing at $4.2675, down [...]

Soybean Cash Index: The Soybean Price Index (ISY00, national average cash price) is a mess. The ISY00 left a price gap on its monthly chart between the December low of [...]

The HRW Wheat Price Index (IHY00, national average cash price) completed a bullish spike reversal during November confirming a new major (long-term) uptrend. The initial upside target is near $8.29, [...]

Live Cattle (Cash Index): The live cattle cash index remains in a major (long-term) downtrend despite January's higher close. The cash index could add to this month the next couple [...]

Brent crude (QA) remains in a major (long-term) uptrend with the December looking to be a Wave 2 of the 5-wave pattern. The spot-month contract posted a December low of [...]

Gold (Cash Index): The cash index (GCY00) consolidated during January after posting a new all-time high of $2,122.65 during December. It could still be argued the major (long-term) is set [...]

The S&P 500 ($INX) remains in a major (long-term) uptrend, posting a new all-time high of 4,931.09 during January before closing at 4,845.65, up 75.82 for the month. Seasonally the [...]

The US dollar index ($DXY): Despite posting an inside month during January the $DXY remains in a major (long-term) 5-wave uptrend. The December low of 100.62 looks to be the [...]

Corn Cash Index: The National Corn Price Index (NCI, national average cash price) continues to hold near the long-term low of $4.4309 posted during November. Meanwhile, monthly stochastics are trolling [...]

Soybean Cash Index: The Soybean Price Index (ISY00, national average cash price) still looks to be in a major (long-term) uptrend despite the selloff and lower close during December. Key [...]

The HRW Wheat Price Index (IHY00, national average cash price) completed a bullish spike reversal during November confirming a new major (long-term) uptrend. The initial upside target is near $8.29, [...]

Live Cattle (Cash Index): The live cattle cash index rolled into a major (long-term) downtrend at the end of November as it fell below the previous 4-month low of $177.42. [...]

Brent crude (QA) remains in a major (long-term) uptrend with the continued selloff during December still looking to be Wave 2 of the 5-wave pattern. The spot-month contract posted a [...]

The S&P 500 ($INX) remains in a major (long-term) uptrend. December saw the $INX post a high of 4,793.30, just short of its all-time high of 4,818.62 from January 2022. [...]