Update 3: Soybeans - May 2015

The May and July contracts for soybeans futures broke the October 2014 bottom. This is in line with our initial thought that prices will continue to decline during this year, hopefully until a Oct-Nov 2015 bottom.

 Our May roadmap presented three cycle turn dates for the month. Gann's 14yrs cycle harmonic for early May which aligned with a market top. Also Gann's 20yrs cycle harmonic for May/15-25 and Gann's 30yrs cycle harmonic for late May, early June.

 This post addresses the current Gann's 20yrs cycle harmonic together with geometry and momentum calculations.

Update 2: Soybeans - May 2015

This post continues our month of May updates for soybeans. We address the alignment of the early May cycle turn date with a market high.

Update: Soybeans - May 2015

 Following a short update on the current soybeans market situation. This post presents a couple of Velocity Price Projections and a 2-day swing chart.