Thursday, October 23, 2014

Update 2: Soybeans 2014 Fall Seasonal Low [updated]

 On October 06th, 2014 we wrote a post indicating the possibility that the soybean market could rally after aligning with Gann's 30 years cycle harmonic. On October 1st November beans bottomed at 904¢ and has rallied almost a whole dollar reaching today a high at 994 1/4¢.

Monday, October 6, 2014

Update: Soybeans 2014 Fall Seasonal Low

 Cycle and seasonal analysis indicate the possibility of an October bottom. As previously discussed an harmonic of Gann's 30 years cycle is due to turn from late September through early October. This coincides with the typical October seasonal lows for soybeans.

 This post discusses the PTVs[1] found in the cash soybean market and their relation to the Square of Twelve. The PTVs recently completed in early October 2014 may be giving additional indication that a rally is due.