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): 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 [...]

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: $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: $4.3543, 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 [...]

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. [...]

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 $4.31 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 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 [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.55 1/2, up 28 1/4 cents for the week. The HRWI consolidated last week, the most recent technical signal still the bearish secondary (intermediate-term) key reversal from [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.27 1/4, down 24 1/2 cents for the week. The HRWI posted a bearish outside range last week, establishing what could be a bearish secondary key reversal. [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.51 3/4, up 32 1/2 cents for the week. The HRWI extended its secondary (intermediate-term) uptrend to a new high of $4.67 1/4 last week. This was [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $4.19 1/4, up 20 3/4 cents for the week. The HRWI extended its secondary (intermediate-term) uptrend last week, posting a new 4-week high of $4.31 1/4 before [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.98 1/2, up 34 1/4 cents for the week. The HRWI quickly confirmed previous signals of a secondary (intermediate-term) uptrend last week as it held its previous [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.78, up 3/4 cents for the week. Last week saw the HRWI fall to a new low of $3.61 1/2 before rallying to close higher. This created [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.77 1/4, down 19 3/4 cents for the week. The HRWI fell to a new low for this downtrend, testing major (long-term) support on its monthly chart [...]

Cash HRW Wheat: The cmdty National HRW Wheat Price Index (HRWI) closed at $3.97 1/2, down 14 cents for the week. Despite its lower weekly close the HRWI still looks to be in a secondary (intermediate-term) 5-wave uptrend, though in [...]

Cash HRW Wheat: The cmdty National HRW Wheat Index (HRWI) closed at $4.11 1/2, up 5 cents for the week. The HRWI still looks to be in a new secondary (intermediate-term) 5-wave uptrend though in a Wave 2 sell-off. Last [...]

Cash SRW Wheat: The cmdty National SRW Wheat Price Index (SRPI) closed at $4.40, up 9 1/2 cents for the week. The SRPI still looks to be in a secondary (intermediate-term) 5-wave uptrend, posting a new 4-week high last week [...]

Cash SRW Wheat: The cmdty National SRW Wheat Price Index (SRPI) closed at $4.30 1/2, down 7 1/4 cents for the week. While it could still be argued the SRPI is in a secondary (intermediate-term) 5-wave uptrend, last week saw [...]

Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.37 3/4, up 4 cents for the week. Cash SRW still looks to be moving into a secondary (intermediate-term) uptrend, though still has not established confirmation. Resistance at [...]

Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.33 3/4, up 21 1/2 cents for the week. The previous secondary (intermediate-term) downtrend looks to have bottomed, with cash SRW wheat moving into a new secondary uptrend. [...]

Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.27 1/2, down 32 1/2 cents for the week. The SRI extended its secondary (intermediate-term) 3-wave downtrend to a new low of $4.17 3/4 last week, a test [...]

Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.60, down 17 1/2 cents for the week. The SRI extended its secondary (intermediate-term) downtrend to a new 4-week low of $4.49 last week. This was a test [...]

Cash SRW Wheat: The cmdty National SRW Wheat Index (SRI) closed at $4.77 1/2, down 11 1/4 cents for the week. The SRI extended its secondary (intermediate-term) downtrend to a new 4-week low of $4.72 1/2 last week. If the [...]

Cash SRW Wheat: The Barchart National SRW Wheat Index (BSRI) closed at $4.98 3/4, up 1 1/4 cents for the week. The secondary (intermediate-term) trend for the BRSI looks to be sideways with initial resistance at the 4-week high of [...]

Cash SRW Wheat: The National SRW Wheat Index (SRI) closed at $4.97 1/2, up 2 3/4 cents for the week. Despite its higher weekly close I continue to view cash SRW wheat in a secondary (intermediate-term) downtrend that began the [...]