As the year's end approaches, we are reviewing our initial soybean cycle analysis and roadmap for 2015. We present here a recapitulation of the cycles presented at the beginning of the year and how they impacted prices, including Gann's 45yrs, 20yrs and 14yrs harmonics. Our 2015 roadmap is updated to compare our initial projection with actual market behavior.
Monday, December 21, 2015
Thursday, December 17, 2015
Update: Soybeans - December 2015
A Gann's 14yrs cycle harmonic is due to turn around December 17th to the 19th. This cycle was presented in our first December post.
The soybean market reacted after making a swing top on Dec 06th at 911 1/2¢. Since then, March futures have declined more than 50¢ getting close to one of our Velocity Price Projections. Possibly, this cycle will align with a secondary bottom and resume the rally from late November.
Tuesday, December 1, 2015
Soybeans - December 2015
This is our December 2015 roadmap for the soybean market. It includes a cycle analysis and a weekly momentum chart which are indicating a possible rally and trend change.
Edit: We are adding a harmonic of Gann's 14yrs cycle to our cycle analysis. This harmonic is expected to turn in mid-December 2015. Even though it is not a very powerful cycle, this harmonic has aligned with some important turning points in the past and may impact prices during this month.
Edit: We are adding a harmonic of Gann's 14yrs cycle to our cycle analysis. This harmonic is expected to turn in mid-December 2015. Even though it is not a very powerful cycle, this harmonic has aligned with some important turning points in the past and may impact prices during this month.
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