This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

Chart: December 2022 Corn Weekly Bottom Line: Some small sales could be made given bearish technical and seasonal factors. The contract posted a bearish key reversal last week Confirming the [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

This is a snapshot and summary of theoretical positions and actions taken by the Darin Newsom Analysis, Inc in-house trading algorithm. We’ve been looking at incorporating these into Weekly Analysis [...]

Old-Crop March Secondary (Intermediate-term) Trend: Down The contract posted a bearish spike reversal on its weekly chart Indicating the market could see increased noncommercial selling This pattern confirmed a series [...]

Thursday I mentioned how the new-crop December corn contract was approaching an important weekly close this week, depending on where it settled in relation to last Friday's close of $5.6950. [...]

New-Crop December 2022 Corn Secondary Trend = Up Indicating continued noncommercial buying activity. The contract's open interest increased by about 10,000 contracts last week. Fundamentals = Bullish The Dec-March futures [...]

Despite the rally posted late last week, I still see a secondary (intermediate-term) downtrend on March corn's weekly chart. Initial support is at the previous 4-week low of $5.8475, the [...]

Based on its weekly close only seasonal chart, the cmdty National Corn Price Index (NCPI, weighted national average cash price) remains in a secondary (intermediate-term) uptrend. Last Friday's calculation of [...]

It could still be argued old-crop March corn rolled into a secondary (intermediate-term) downtrend last week as the contract posted a bearish spike reversal. The minor (short-term) also remains down, [...]

New-crop December corn remains in a secondary (intermediate-term) sideways trend between support at its 4-week low of $5.3925 and the contract high of $5.65. A sell signal was established the [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up March corn has moved to new 4-week highs the last three weeks, including early Monday morning already. Look for the noncommercial net-long [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn reminds in a range between its 4-week high of $5.9675 and its 4-week low of $5.6250 While the in-house algorithm remains [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn reminds in a range between its 4-week high of $5.9675 and its 4-week low of $5.5750 While the in-house algorithm remains [...]

Market Type: 6 (Neutral-to-Bullish) Secondary Trend: Sideways March corn has gotten stuck in a range between its 4-week high of $5.9350 and its 4-week low of $5.5750 While the in-house [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up However, the minor (short-term) trend turned down last week. This looks to be Wave 4 of the 5-wave secondary uptrend pattern. Noncommercial [...]

Market Type: 9 (Most Bullish) Secondary Trend: Up Once the December contract cleared the previous high of $5.4850 it confirmed Wave 3 of its secondary uptrend. Noncommercial traders added 30,780 [...]

Market Type: 5 (Neutral) Secondary Trend: Sideways I have not had a clear buy signal in corn futures yet, but it is close. As I've been saying, I'd rather be [...]

Market: Type 3 (less bearish) The secondary trend is down, though it completed its patter with a move to $5.00 last week. Noncommercial traders decreased their net-long futures by 36,395 [...]

Market Type: 9 (Most Bullish) Trends Secondary (intermediate-term): Up The secondary trend is a difficult read, but I am changing it to up based on The previous week's new 4-week [...]

Market Type: 3 (Less Bearish) Trends Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts the weeks of May 3 and May 10. New 4-week lows the week [...]

Market Type: 3 (Less Bearish) Trends Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts the weeks of May 3 and May 10. New 4-week lows the week [...]

Market Type: 3 (Less Bearish) Trends Major (long-term): Down Bearish spike reversal on monthly charts are end of May Secondary (intermediate-term): Down (3-wave pattern) Bearish 2-week reversal on weekly charts [...]