Update 4: April 2014 Cycle Analysis for July Soybeans

 After Gann's 14 years cycle harmonic turned down on April 17th the soybean market reacted. This was confirmed by cycle and geometry analysis. The previous update on the soybean market mentioned a small time cycle due for late April.

 This cycle sometimes aligns with larger cycles helping to pin point more accurately the turn dates. Sometimes this cycle just aligns with smaller rallies or reactions which just add up to the current main trend.

 In this short update this cycle and its smaller harmonics are analyzed using hourly data showing a turn window which was due for yesterday, April 28th.

Update 3: April 2014 Cycle and Vectorial Analysis for July Soybeans

 This is a follow up on July soybeans cycle and vectorial analysis presented in a previous update.

 Gann's 14 years cycle harmonic seems to be aligned with the April 17th swing top at 1521c in the July contract. The PTV[1] defining the uptrend from January to April 2014 measures 292.80, or the second Square of Twelve. Since then, prices have declined.

Update 2: April 2014 Vectorial Analysis for Cash and July Soybeans [updated]

 A previous update on market geometry mentioned the possibility of a reaction on the soybean market in April 09th 2014. However, the market only reacted for a couple of days and then resumed its uptrend, breaking above the April 09th high.

 There is a harmonic of Gann's 14 years cycle due for the present time. This time cycle is anchored at the September 12th, 2006 major bottom. A window of tolerance was calculated for this cycle between April 16th-20th. Initially, assuming an early April top, it was expected that this cycle would align with a market bottom. However, recent market action indicates that it could align with a market top instead.

 Both the cash soybean and July futures market are analyzed using Price-Time Vectors[1]. Both markets still indicate the possibility that a market top is just around the corner.

 This post will be reviewed and updated after the market closes and the USDA publishes its daily cash reports. [updated]

Update: April 2014 Vectorial Analysis for May and July Soybeans

A follow up on the soybean market vectorial analysis is presented. The soybean market made final bottom on November 2014. Following a reaction top on December, the market declined and made a secondary bottom on January 2014. Since then the market has rallied with strength.

 A previous update on market geometry warned about the first reaction which took place on March 07th. The uptrend was resumed after a couple of bottoms on March 12th and 24th. Right now market geometry once again indicates the possibility of a reaction. It is important to be prepared in case a correction takes place, tightening stop loss orders once again to lock in some profits.
 

May Oats in Position to Rally

 Since the 9 years cycle turned up in October 2013, oats have rallied with strength. On early March 2014 the market made its first important reaction. Market analysis based on momentum, velocity price projections and price retracements, shows that the market may have bottomed on March 26th to resume its uptrend.

Update: Soybeans and Wheat Markets April 2014

 This is a follow up to the last soybean and wheat market update. It shows the outcome of the intermediate cycle published in that update for both markets.