Soybeans - May 2017

 This post discusses an important 14 years cycle harmonic due to turn in late May 2017. According to our studies, the market is currently in a bull market since March 2016. However, the market recently topped on January 2017 and since then the trend has been down. Our initial 2017 soybean roadmap rightly indicated a turning point in January, but we figured it would be a market bottom instead of a top.

Update: Soybeans - May 2016

 Since March, soybean prices have been going up breaking all previous tops. This is a clear indication that the trend has changed. Up to this point, the market has been, more or less, following what we figured in our 2016 soybeans roadmap.

 This post updates a chart from a previous post which showed PTVs[1] defining up and down trends in the recent past. It also contains a new chart showing several PTVs related to the recent May 10, 2016 swing top.

Soybeans - May 2016

 There are two cycles that could impact market action during the month of May 2016. Statistically, after a March bottom the market will most likely rally for three or four months until June or July tops. With that in mind, the month of May will probably have an acceleration bottom leading up to the summer tops.

Soybeans - April 2016

 Due to time restrictions on our side our April roadmap for Soybeans is been published late, instead of the first days of the month. This is our April report for the soybean market. It includes a couple of cycle harmonics which added up to the current uptrend.

Soybeans - March 2016

 This post deals with our March 2016 soybeans roadmap. It mainly discusses the current bottom made on March 1st, including PTV[1] and cycle analysis.

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.

April 2015, Rally? - May Soybeans

 Soybeans made tops on November 2014. Since then, trading has been slow. These November 2014 tops aligned with several important Gann cycles and have not been broken up to this moment. The general trend has been down, with only small rallies.

 According to our 2015 soybean roadmap it is possible we may see a top in mid-year. This post addresses the possibility of a rally leading up to that top based on cycle, geometry and momentum analysis.

Quick Update on May Soybeans

 Soybeans topped on early March and declined almost 90¢ as indicated in our last post. We are presenting now a quick update on the Soybean market. A momentum calculation is included indicating the possibility of a rally.

 

Velocity Price Projections for May Soybeans

 In this post, we present several price projections using market velocity for soybean May futures. Additionally a small harmonic of Gann's 84 years cycle is presented which is due to turn in early March 2015.

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.

Update 2: Soybean and Wheat Markets March 2014

 Following we present a short update on the markets. There are harmonics of a 5 1/2 years cycle due for March 2014 in the soybean and wheat market. This cycle was presented by B. Cowan in his website as correlated with sell signals in the soybean market in the mid-nineties.

 As time progresses, market action will tells us if this cycle will align with a swing bottom after the market is done reacting or if it will align with a market top.

Update: March 2014 Wheat Market Cycle Analysis

 The wheat market cycle analysis and a previous update showed several cycles due to turn in February 2014. The major cycle projected for early 2014 in the wheat market goes back 119 years into the January 1895 final bottom. Cycles this long sometimes deviate for several weeks from their expected turn dates.
 

 The wheat market bottomed on January 30th and rallied with strength. However, our PTV[1] and price projections for March wheat futures were not reached and our initial cycle turn dates were late by a week.

Update: March 2014 Vectorial Analysis for May Soybeans

 A follow up on the soybean market analyses is presented. The month of January was mentioned as important in the 2014 soybean market roadmap. The market bottomed in the early part of the month, again on January 24th and finally on January 30th.

 The 9 years cycle presented in a previous update had a window of tolerance between January and February 2014. Based on the triangular wave pattern this cycle was due to come up as a market top, but considering recent market behavior it was expected to invert and show up as a market bottom. Considering its most recent turning points, we were expecting it to turn up in February, however it finally aligned with the January 30th 2014 bottom.

 The market has rallied with strength for over a month now. It is important to be prepared in case a correction takes place, tightening stop loss orders and locking in some profits.