Weekly Analysis: Soybeans

2023-06-04T17:18:36-05:00June 4th, 2023|Oilseeds|

Cash Soybeans: The Barchart National Soybean Price Index completed a bullish key reversal on its weekly chart last week, confirming a new secondary (intermediate-term) uptrend is in place. However, the major (long-term) trend has not turned up yet. Theoretical Positions: [...]

Weekly Analysis: Wheat

2023-05-07T18:51:31-05:00May 7th, 2023|Weekly Analysis, Wheat|

Kansas City (HRW): July contract completed a bullish key reversal on its weekly chart last week, indicating its secondary (intermediate-term) trend has turned up. Theoretical Positions: Theoretically, long-term short hedges may have been established near the weekly close of $11.41 [...]