Theoretical Positions: All 2023 HRW production should be sold. As for the 2024 crop, the reality is little of it has likely been priced. Some producers may have locked in some along the way, but for this position I will [...]
Theoretical Positions: All 2023 SRW production should be sold. As for the 2024 crop that is being planted, the reality is little of it has likely been priced. Some producers may have locked in a little along the way, but [...]
Theoretical Positions: All 2023 HRW production should be sold given thew ongoing downtrends in the market. As for the 2024 crop that is being planted, the reality is little of it has likely been priced. Some producers may have locked [...]
Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weak. Remaining bushels could've been sold on stops below the recent low (Dec futures) of $7.5675. Trend: Down. Dec Minneapolis [...]
Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weak. Additional bushels can continue to be held in storage based on the move to an uptrend on the December [...]
Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given national average basis remains weaken. Additional bushels can continue to be held in storage based on the move to an uptrend on the December [...]
Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given the downtrend in national average basis. Given last week's bullish technical pattern and the cash index bullish seasonal tendencies, additional bushels could be held [...]
Theoretical Positions: Continue to fill previous cash contracts and/or deliver grain and lift short hedges given the downtrend in national average basis. Sell additional cash bushels despite the bullish seasonal tendency of the cash index. Trend: December Minneapolis futures moved [...]
Trend: As with a number of other markets, I’m not getting a good read from the December Minneapolis (HRS) weekly chart (slide 1) However, the DNAI in-house algorithm remains intermediate-term short but reducing positions. Last Friday’s CFTC Commitments of Traders [...]
September futures Trends Secondary (intermediate-term): The contract remains in a sideways trend with resistance at the previous high of $8.8950 and support the previous 4-week low of $7.8725. SepKC did a normal head-fake by posting a high of $8.91 last [...]
Kansas City (HRW): The more heavily traded July contract looks to be in a secondary (intermediate-term) sideways trend after posting a bullish key reversal the week of May 1 and a bearish key reversal the week of May 15. This [...]
Trends (Weekly Cash Indexes): HRW Wheat is sideways However, the long-term trend on the indexes monthly chart looks to be building a bullish key reversal Needing a final settlement this month above April's figure near $7.46 The index was priced [...]
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 [...]
Kansas City (HRW): July Kansas City wheat’s minor (short-term) trend on the contract’s daily chart remains up. The minor upside target range is between $8.29 and $8.44. Theoretical Positions: Theoretically, long-term short hedges may have been established near the weekly close [...]
Kansas City (HRW): I don't know what to make of the July Kansas City wheat's secondary (intermediate-term) trend on the contract's weekly chart, but the minor (short-term) trend on the daily chart looks to have turned up. Friday saw the [...]
Kansas City (HRW): Despite last week's selloff the new-crop July contract remains in a secondary (intermediate-term) uptrend on its weekly chart. The ongoing minor (short-term) downtrend looks to be a down wave within the secondary pattern. Theoretical Positions: Theoretically, long-term short [...]
Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.9425 last week. Given new-crop futures spreads are inverted, meaning long-term fundamentals are bullish, the upside target area is between $9.03 and $9.2750 with [...]
Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.7450 last week. However, the minor (short-term) trend turned down last week as the contract completed a bearish key reversal Thursday. The minor downside [...]
Kansas City (HRW): The new-crop July contract extended its secondary (intermediate-term) uptrend to a high of $8.5550 last week. Next resistance could be the previous high of $8.8025. Theoretical Positions: Theoretically, long-term short hedges may have been established near the weekly [...]
Kansas City (HRW): The March contract remains in a secondary (intermediate-term) sideways trend with resistance at the 4-week high of $8.9475 and support the recent low of $8.2175. Theoretical Positions: Shorts may have been established near $9.5075, the close the week [...]
Kansas City (HRW): The March contract could confirm a new secondary (intermediate-term) uptrend with a move to a new 4-week high next week. The mark is last week's high of $8.9475 before the contract closed Friday at $8.88. Theoretical Positions: Shorts [...]
Kansas City (HRW): The secondary trend looks to be moving sideways as March Kansas City wheat continues to hold above its previous low of $8.1175. Weekly stochastics established a bullish crossover below the oversold level of 20% at last week's [...]
Kansas City (HRW): The March contract remains in a secondary (intermediate-term) downtrend after posting a new 4-week low of $8.2175 last week. Longer-term support is at the low of $8.1175 from the week of August 15. Theoretical Positions: Shorts may [...]
Kansas City (HRW): The March contract looks to be in a secondary (intermediate-term) downtrend after posting a new 4-week low of $8.6025 last week. Longer-term support is at the low of $8.1175 from the week of August 15. Theoretical Positions: [...]
Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown could might’ve bought near the recent weekly close of $9.2925 Based on a bullish breakout and bullish long-term fundamentals But beware the Krampus Calendar (tied to the [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend It's [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend Additional [...]
Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown might've bought near the recent weekly close of $8.6950 Based on the bullish breakout on the contract’s weekly close-only chart But beware the Krampus Calendar (tied to [...]
Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown could might've bought near the recent weekly close of $9.2925 Based on a bullish breakout and bullish long-term fundamentals But beware the Krampus Calendar (tied to the [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Additional [...]
Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown could do so by buying near last Friday’s close of $8.6950 Based on the bullish breakout on the contract's weekly close-only chart But beware the Krampus Calendar [...]
Theoretical Positions Hedgers 2022 production should be sold out Those wanting to renown could do so by buying near last Friday's close of $9.2925 Based on a bullish breakout and bullish long-term fundamentals But beware the Krampus Calendar (tied to [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Additional [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Additional [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Additional [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Additional [...]
Theoretical Positions Hedgers: Short-hedges on 30% to no more than 50% of expected 2022 production might’ve been established near $12.78 The close the week of May 16, part of the bearish spike reversal that confirmed a new secondary downtrend. Traders: [...]
This analysis is using the Barchart National HRW Wheat Price Index (HWPI, weighted national average cash price) Trends Minor (Short-term): Up on the HWPI daily chart Though could quickly be moving into a Wave 2 selloff of the 5-wave uptrend [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
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 for quite some time. You will notice some blanks. This [...]
Kansas City (HRW): New-Crop July Secondary (Intermediate-term) Trend: Down Seasonally the contract tends to trend down through the first weekly close of May Fundamentals: Bullish New-crop futures spreads (July 2022 through May 2023) cover less than 33% calculated full commercial [...]
New-corp July Kansas City (HRW) wheat extended its secondary (intermediate-term) downtrend to a low of $7.5125 last week. The initial downside target remains near $7.2750, a price marking the 38.2% retracement level of the previous uptrend from the contract low [...]
New-corp July Kansas City (HRW) wheat extended its secondary (intermediate-term) downtrend to a low of $7.5650 last week. The initial downside target remains near $7.2750. The minor (short-term) trend looks to have turned up based on last Friday's' bullish spike [...]
New-crop July Chicago (SRW) wheat extended its secondary (intermediate-term) downtrend last week, hitting a low of $7.3675 before rallying to close Friday at $7.57. However, the contract's daily chart confirmed a new minor (short-term) uptrend with Friday's bullish spike reversal. [...]
The secondary (intermediate-term) trend of the new-crop September Minneapolis (HRS) wheat contract remains down. The downside target range is between $8.2225 and $7.8275, prices that mark the 38.2% and 50% retracement levels of the previous secondary uptrend from the contract [...]
Market Type: 3 (Less Bearish) Secondary Trend: Down (see chart on website) Looking at new-crop Kansas City (HRW), the July contract posted a new 4-week low weekly close last Friday indicating its secondary trend had turned down. Fundamentals: Bullish Old-crop: National [...]
Market Type: 3 (Less Bullish) Secondary Trend: Up The cmdty National SRW Wheat Price Index (SWPI, weighted national average cash price), the intrinsic value of the market, is looking to extended the secondary uptrend on its weekly close-only chart, calculated [...]
Market Type: 9 (Most Bullish) Secondary Trend: Up While the trend remains up, December Kansas City is incredibly overbought and vulnerable to continued selling noncommercial traders. Noncommercial traders reduced their net-long futures position by 676 contracts in the latest CFTC [...]
Market Type: 9 (Most Bullish) Secondary Trend: Up Noncommercial traders continue to add to their net-long futures positions. The latest report (legacy, futures only) showed this group holding 26,173 contracts, the largest on record. Fundamentals: Bullish Futures spreads remain inverted from [...]
Market Type: (New-Crop 2022-2023) 9 (Most Bullish) Trends (July 2022 futures contract) Secondary (intermediate-term): Up July 2022 has not established a reversal pattern on its weekly chart, though could be getting close. Fundamentals Bullish The July 2022-September 2022 futures spread [...]
Market Type (Old-crop December 2021): Type 2 (Bullish) Trends (Dec 2021 futures contract) Secondary (intermediate-term): Up This is a tough call, but I'll go with an uptrend for now based on the bullish 2-week reversal from the week of July [...]
Market Type: (New-Crop 2022-2023) 9 (Most Bullish Trends (July 2022 futures contract) Secondary (intermediate-term): Up July 2022 has posted a new contract high of $7.10 this week. However, it also left a price gap between last week's high of $6.8350 [...]
Market Type: 1 (Most Bearish) Trends Major (long-term): Down Bearish spike reversal on monthly charts are end of May Secondary (intermediate-term): Down (3-wave pattern) The cmdty National HRW Wheat Price Index (HWPI, weighted national average cash price) looks to be [...]
Trends: The secondary trend remains down on the contract’s weekly chart, dating back to a bearish 2-week reversal the week of May 10. However, the contract has not posted a new 4-week low September Minneapolis also left a bullish gap [...]
I will be breaking up Weekly Wheat Analysis, looking first at HRW since harvest is already rolling in far southern Texas and expected to quickly head north. July Kansas City Trend Minor: Down The contract extended its short-term downtrend to [...]
Kansas City HRW Wheat (July) Secondary Trend: Down Futures Spreads: NeutralMarket Type: 2, Bearish Analysis: July Kansas City wheat established a bearish 2-week reversal pattern on its weekly chart, indicating its secondary trend has turned down. Sales of both the [...]
Kansas City HRW Wheat (July) Secondary Trend: Up Futures Spreads: Weak Carry, Bullish Market Type: 9, Most Bullish Analysis: July Kansas City wheat extended its secondary uptrend to a new contract high of $7.4150. Support continues to come from the [...]
Kansas City HRW Wheat (New-Crop) Market Type: 8, Bullish Secondary Trend: Up Futures Spreads: Neutral. Basis: Bullish. Next week: July Kansas City could see renewed buying interest after posting a new contract high of $6.8325 last Friday. However, the market [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.3603, down 17.22 cents Basis: Bullish. Calculated at 32.21 cents under May Kansas City futures, down .04 cent for the week. Secondary Trend: Down Analysis: The HWPI extended its [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.5325, down 17.45 cents Basis: Bullish. Calculated at 32.25 cents under May Kansas City futures, 0.54 cent stronger than the previous week. Secondary Trend: Down Analysis: The HWPI extended [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.7070, down 22.41 cents Basis: Bullish. Calculated at 32.79 cents under May Kansas City futures, 0.34 cent stronger than the previous week. Secondary Trend: Down Analysis: The HWPI posted [...]
New-Crop Kansas City Wheat Futures: July 2021 Weekly Close: $6.3175, down 6.0 cents Secondary Trend: Sideways-to-down Noncommercial Position (as of Tuesday, March 2): 52,064 contracts net-long, up 2,857 contracts July-September Futures Spread: 5.25 cents carry, 42% calculated full commercial carry, [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.8491, down 8.29 cents Basis: Bullish. Calculated at 31.8 cents under March Kansas City futures Secondary Trend: Sideways-to-down Analysis: The HWPI continues to look vulnerable to a move into [...]
Wheat (HRW, SRW, and HRS): Secondary (Intermediate-term) Trend: Sideways Noncommercial Futures Position (as of Tuesday, February 2): All wheat net-long 102,963 contracts, a decrease of 7,768 contracts from the previous week. Basis: HRW Bullish, HRS and SRW Neutral. Futures Spreads: [...]
Wheat (HRW, SRW, and HRS): Minor (Short-term) Trend: Down (as of Tuesday, January 22) Secondary (Intermediate-term) Trend: Sideways (as of Friday, January 22) Major (Long-term) Trend: Up Noncommercial Futures Position (as of 01/19/21): All wheat net-long 117,535 contracts, an increase [...]
Wheat (HRW, SRW, and HRS): Secondary Trend: Up Noncommercial Futures Position (as of 01/12/21): All Wheat Net-long 104,715 contracts, a decrease of 1,230 contracts from the previous week. Basis: HRW = Bullish, SRW and HRS = Neutral Futures Spreads: SRW [...]
Wheat (HRW, SRW, and HRS): Secondary Trend: Up* Noncommercial Futures Position (as of 01/05/21): All Wheat Net-long 105,945, an increase of 11,432 contracts from the previous week. Basis: HRW = Bullish, SRW and HRS = Neutral Futures Spreads: SRW = [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.3436, down 12.44 cents Basis: Bullish. Calculated at 34.9 cents under March Kansas City futures Secondary Trend: Sideways Analysis: It’s possible the HWPI has established a double-top given the [...]
Cash HRW Wheat: National HRW Wheat Price Index (HWPI) Weekly Close: $5.4775, up 38.5 cents Basis: Bullish. Calculated at 34.5 cents under March Kansas City futures Secondary Trend: Up Analysis: The HWPI posted its highest weekly close since the week [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.18, down $0.05. Secondary Trend: Sideways. Basis: Bullish. Market Type: 6 = Neutral-Bullish. Price Distribution: Upper 13% = Bearish. Target: None at this time. Analysis:The HWPI remains in a secondary sideways trend [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.23, up $0.14. Secondary Trend: Sideways. Basis: Bullish. Market Type: 6 = Neutral-Bullish. Price Distribution: Upper 11% = Bearish. Target: None at this time. Analysis:I’m going to stick with the sideways trend, [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.09, down $0.28. Secondary Trend: Sideways. Basis: Bullish. Market Type: 6 = Neutral-Bullish. Price Distribution: Upper 15% = Bearish. Target: None at this time. Analysis:I’m going to call the secondary trend sideways [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.37, up $0.12. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 9% = Bearish. Target: Major = $5.66. Analysis: The HWPI extended its secondary uptrend to [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.25, up $0.23. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 16% = Bearish. Target: Major = $5.66. Analysis: The HWPI extended its secondary uptrend to [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $5.02, up $0.24. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 16% = Bearish. Target: Major = $5.66. Analysis: The HWPI left a price gap on [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.7772, up $0.3657. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 21% = Bearish. Target: None at this time. Analysis: The HWPI extended its secondary uptrend [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.4115, down $0.2889. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 39% = Neutral. Target: Minor = $4.38 to $4.27. Analysis:The HWPI moved into a minor [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.7004, up $0.3333. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 25% = Bearish. Target: $4.7816. Analysis: The HWPI jumped last week with the weekly close [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.3671, down $0.0054. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 42% = Neutral. Target: $4.4125, then $4.7816. Analysis:The HWPI lost some of its bullish momentum [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.3725, up $0.0182. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 41% = Neutral. Target: Secondary = $4.4125. Analysis:The HWPI extended its secondary uptrend to a [...]
National HRW Wheat Price Index (HWPI) Weekly Close: $4.3543, up $0.1762. Secondary Trend: Up. Basis: Bullish. Market Type: 9 = Most Bullish. Price Distribution: Upper 43% = Neutral. Target: Secondary = $4.4125. Analysis:The HWPI confirmed its secondary uptrend this past [...]
National HRW Wheat Price Index (HWPI) closed at $4.17 3/4, up 20 1/2 cents for the week. Trends: Secondary = Up. Targets: Secondary = $4.18 1/2 to $4.29 3/4. Analysis: The HWPI could confirm its move to a secondary uptrend [...]
National HRW Wheat Price Index (HWPI) closed at $3.97 1/4, up 10 cents for the week. Trends:Secondary = Sideways. Targets: Secondary = $4.18 1/2 to $4.29 3/4. Analysis: The HWPI posted an inside range last week, holding above its recent [...]
Wheat Kansas City July 2021 closed $4.55, down 22 1/2 cents for the week. Trends: Secondary = Up. Targets: Minor = $4.80 to $4.76 1/2 with a possible extension to $4.71 1/4. Secondary = $4.93 1/4 to $5.02. Theoretical Position: Assuming there are no initial 2021 sales [...]
National HRW Wheat Price Index (HWPI) closed at $4.13 1/4, down 7 cents for the week. Trends: Secondary = Up. Targets: Minor = $4.11 1/2 to $4.06, with a possible extension to $3.98 1/4. Secondary = $4.33 1/4 to $4.44. [...]
Wheat Kansas City July 2021 closed $4.84 1/4, up 1 cent for the week. Trends: Minor = Sideways-to-up. Secondary = Up. Targets: Secondary = $4.93 1/4 to $5.02. Theoretical Position: Assuming there are no initial 2021 sales on the books, [...]
National HRW Wheat Price Index (HWPI) closed at $4.19 3/4, down 2 3/4 cents for the week. Trends: Minor = Down. Secondary = Up. Targets: Minor = $4.11 1/2 to $4.06, with a possible extension to $3.98 1/4. Secondary = [...]
National HRW Wheat Price Index (HWPI) closed at $4.22 1/2, up 19 3/4 cents for the week. Trends: Secondary = Up. Minor = Down. Targets: Secondary = $4.22 3/4 to $4.44. Minor = $4.17 to $4.06. Analysis: The HWPI built [...]
National HRW Wheat Price Index (HWPI) closed at $3.94, down 5 1/2 cents for the week. Trends: Secondary = Down. Targets: Secondary = Support is at the previous secondary low of $3.85 1/2. Analysis: With cash HRW wheat looking to [...]
National HRW Wheat Price Index (HWPI) closed at $3.99 1/4, down 18 3/4 cents for the week. Trends: Minor = Down, but sharply oversold. Secondary = Down. Targets: Secondary = Support is at the previous secondary low of $3.85 1/2. [...]
National HRW Wheat Price Index (HWPI) closed at $4.18, down 13 1/2 cents for the week. Trends: Minor = Sideways, Secondary = Sideways, Major = Up. Conclusion: There are no clear trend signals in the HWPI. However, the seasonal tendency [...]
National HRW Wheat Price Index (HWPI) closed at $4.31 1/2, down 8 cents for the week. Trends: Minor = Up, Secondary = Sideways, Major = Up. Conclusion: The key to the HWPI could be activity early this coming week. If [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.39 1/2, up 27 3/4 cents for the week. I’m at a loss to classify the HWPI secondary trend given all the recent mixed signals. For now, [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.11 3/4, down 7 3/4 cents for the week. The HWPI still looks to be in a secondary downtrend, posting a new 4-week low of $4.07 last [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.47 1/2, down 3 cents for the week. The HWPI continues to consolidate between support at its 4-week low near $4.31 1/4 and resistance at the 4-week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.44 3/4, down 4 cents for the week. Last week’s price action looks to be a bearish spike reversal after the HWPI failed to take out resistance [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.49, down 12 1/2 cents for the week. The HWPI has given a number of false secondary signals of late, so I’m going to call its secondary [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.61 1/2, down 19 1/2 cents for the week. Despite last week’s strong gain the minor trend still looks to be down. The recent rally looks to [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.42, down 17 1/2 cents for the week. It could still be argued the secondary trend of the HWPI is down, with the previous week’s move beyond [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.59 1/2, up 19 1/4 cents for the week. The HWPI is an interesting collection of trends this weekend. The minor (short term) trend rolled over into [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.40 1/4, up 37 1/4 cents for the week. After extending its secondary (intermediate term) downtrend to a low of $3.85 1/2 last week, the HWPI posted [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWPI) closed at $4.03, down 15 cents for the week. The HWWI extended its secondary (intermediate term) downtrend to a low of $3.95 1/2 last week. With weekly stochastics still [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWWI) closed at $4.18, down 3/4 cents for the week. The HWWI remains in a secondary (intermediate term) downtrend with a downside price target area between $4.07 ½ and $3.91 [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWWI) closed at $4.19 1/2, down 20 3/4 cents for the week. The HWWI extended its secondary (intermediate term) downtrend to a low of $4.06 1/2, a test of the [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWWI) closed at $4.39 1/2, down 3 cents for the week. The HWWI remains in a secondary (intermediate term) downtrend with an initial downside target near $4.23. This price marks [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWWI) closed at $4.36 3/4, down 5 cents for the week. The HWWI remains in a secondary (intermediate term) downtrend with an initial downside target near $4.23. This price marks [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HWWI) closed at $4.41 1/2, up 2 cents for the week. Despite the higher weekly close, the HWWI remains in a secondary (intermediate term) downtrend with an initial downside target [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.39 1/2, down 18 1/4 cents for the week. The HRWI extended its recently established secondary (intermediate term) downtrend to a low of $4.37 last week. The [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.57 3/4, down 5 1/2 cents for the week. The HRWI confirmed a secondary (intermediate term) top last week, posting a new high of $4.74 before closing [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.63, unchanged for the week. The HRWI continues to indicate a potential secondary (intermediate term) top, closing unchanged after posting a new high for this move of [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.63, up 20 1/4 cents for the week. The HRWI reversed again last week, putting itself in position to erase the previous week’s bearish spike reversal. The [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.42 3/4, down 6 1/4 cents for the week. The HRWI looks to have finished its previous secondary (intermediate term) uptrend and moved to a new secondary [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.49, up 17 3/4 cents for the week. The HRWI extended its secondary (intermediate term) uptrend to a new high of $4.50 3/4 last week, just short [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.09 1/4, up 12 1/4 cents for the week. The weekly HRWI bar chart shows a bullish outside range last week, including a new 4-week high of [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.97, down 12 3/4 cents for the week. While the HRWI remains in a secondary (intermediate term) 5-wave uptrend, last week’s activity indicates the market is moving [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.09 3/4, up 16 3/4 cents for the week. The HRWI extended its secondary (intermediate-term) uptrend to a new high of $4.10 last week. The initial upside [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.93 1/4, up 7 1/2 cents for the week. While it could still be argued the previous week saw the HRWI post a secondary bearish key reversal, [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.85 1/2, down 3 cents for the week. After posted a new high for this move of $4.05 3/4 the HRWI fell below the previous week’s low [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.88 1/2, down 6 1/2 cents for the week. While HRWI remains in a secondary (intermediate term) uptrend, the minor (short term) trend has turned down on [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.95, up 5 cents for the week. The HRWI remains in a secondary (intermediate term) uptrend, rallying last week off a test of support near $3.77 1/4. [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.89 3/4, down 10 cents for the week. Despite its lower weekly close the HRWI remains in a secondary (intermediate term) uptrend, posting a neutral inside week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.99 3/4, up 15 1/4 cents for the week. The HRWI extended its secondary (intermediate term) uptrend to a new 4-week high of $3.99 3/4 last week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.84 3/4, up 15 3/4 cents for the week. The HRWI remains in a secondary (intermediate term) uptrend, posting a bullish outside weekly range last week. This [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.69, down 2 1/2 cents for the week. The HRWI remains in a secondary (intermediate-term) 5-wave uptrend while its minor (short-term) trend is down. The minor trend [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.71 1/2, up 1/4 cent for the week. The HRWI remains in a secondary (intermediate-term) 5-wave uptrend while its minor (short-term) trend looks to have turned down. [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.71 3/4, up 8 1/2 cents for the week. The HRWI confirmed the recent move to a secondary (intermediate-term) uptrend last week, posting a new 4-week high [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.63 1/4, up 8 cents for the week. Though there has been no conclusive confirmation of a new secondary (intermediate-term) uptrend, the HRWI continues to lean that [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.55 1/4, down 2 1/4 cents for the week. Despite its lower weekly close, the rally off its new low of $3.40 1/2 was enough to establish [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.57 1/2, down 9 1/4 cents for the week. The HRWI remains in a strong seasonal downtrend on its weekly close-only chart. However, this past week saw [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.66 3/4, down 6 1/2 cents for the week. The HRWI remains in a strong seasonal downtrend on its weekly close-only chart as it posted another 4-week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.70 1/4, down 23 1/4 cents for the week. The HRWI remains in a strong seasonal downtrend on its weekly close-only chart as it posted another 4-week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.93 1/4, down 5 3/4 cents for the week. The HRWI remains in a strong seasonal downtrend on its weekly close-only chart as it posted another 4-week [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.99, down 7 1/4 cents for the week. The HRWI remains in a strong seasonal downtrend on its weekly close-only chart as it posted another 4-week low [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.06 1/4, down 8 1/4 cents for the week. The HRWI looks to be in a strong seasonal downtrend on its weekly close-only chart as it closed [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.14 1/2, down 25 1/4 cents for the week. Despite last week’s lower close the HRWI remains in a secondary (intermediate-term) uptrend. If the HRWI continues to [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.39 3/4, up 27 1/4 cents for the week. The HRWI remains in a secondary (intermediate-term) uptrend. The minor (short-term) trend is also up (see chart). Minor [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.12 1/2, down 20 3/4 cents for the week. The HRWI continues to indicate a secondary (intermediate-term) uptrend in place. The recent minor (short-term) downtrend resulted in [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.33 3/4, up 3/4 cent for the week. The HRWI consolidated once again, holding near steady as national average basis firmed by about 2 cents. Seasonally, basis [...]
Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.22 1/4, down 23 1/4 cents for the week. The HRWI consolidated again last week, only this time with a lower weekly close. This could lead to [...]
