Soybeans - January 2016

This is our January 2016 roadmap analysis for soybean market. It presents a couple of Gann's cycle harmonics together with a simple PTV[1] analysis. Additionally, Velocity Price Projections and Momentum analysis are included.

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.

Update: Soybeans - September 2015

 This is a short update on our September 2015 soybeans roadmap and current market behavior.

Update 2: Soybeans - July 2015

 This is a short update on the soybean market based on velocity price projections and momentum analysis.

Update: Soybeans - July 2015

 This post is an update for our July 2015 soybean report. The market rallied since May-June 2015 into a possible top in July. This update includes a cycle and geometry analysis together with the velocity price projections and momentum curves.

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.

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.

 

Update: November 2014 - January Beans

 Soybeans have been sideways since early November 2014. Nevertheless the market is in an interesting period. Our cycle analysis indicated three major cycles turning in November. These were Gann's 45yrs, 20yrs and 14yrs cycle.

 This post discusses the current situation in the soybean market focusing in cycles, swings and momentum indicator. So far it is not clear for us if these cycles have aligned with market tops or bottoms.

Update 3: Soybeans June 2014

 We wanted to post this update on Friday morning. However it was not possible. Even thought July beans declined beyond our initial projections, November beans met our price targets inside the window of time for Gann's 14 years cycle.

 This update will focus on the November beans contract including geometry and cycle analysis. It also shows velocity price projections and momentum indicators. This analysis indicates that a bottom may have been made on June 17, 2014.

Update 2: May 2014 for July and December Wheat

 Our last update on the wheat market discussed a couple of cycles due to turn around late May early June 2014. It also included a PTV[1] projection for July wheat futures.

 The market continued to decline after the update was published, thus exceding the PTV length initially calculated. However, we are still inside the window of tolerance for those cycles. An update on the PTV projection for July wheat is made together with a PTV projection for December wheat. A momentum analysis is included.
 

Update 2: May 2014 for July Soybeans

 July soybeans made a double top between April 17 and 29 at 1521c and 1520 1/2c respectively. Since then the market has remained in a narrow trading range. This update shows a harmonic of Gann's 20 years cycle previously discussed in the soybeans roadmap for 2014. This cycle harmonic was due to turn around mid to late May 2014. Additionally, a short momentum analysis is presented.

Update: May 2014 for July Soybeans

 July beans made a top on April 17 at 1521c aligning with a harmonic of Gann's 14yrs cycle. It reacted for four days, not exceeding time or price of the previous reaction made in March. Cycle and geometry analysis confirmed this top.

 On April 24th, the market rallied. A small time cycle and its harmonics aligned with this rally. On April 28, this cycle aligned with an intraday low at 1490 3/4c. Prices increased reaching a double top at 1520 1/2c with April 17 top.

 The fact that the market didn't exceed in time or price the previous larger reaction and that this time cycle aligned with the bottom of the rally hinted the possibility that prices could continue to go up. However, the double top at 1521c, some PTVs[1] in the cash and futures market and momentum curve showed the possibility of a decline. These were contradictory indications on the market behavior. As of the moment of this writing July beans have decline more than 20c.

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: Soybean and Wheat Markets February 2014

A short review of the soybean and wheat markets with an update of previous forecasts.

 

Soybean Market Review

The soybean market roadmap for 2014 showed how a harmonic of Gann's 14 years cycle was due to bottom in early January. The last update on the soybean market adjusted a Gann's 20 years cycle harmonic turning point date for Jan 24th. The market did not behave exactly as expected making a slightly lower bottom on Jan 30th at 1260c, an error of only 0.30% of the velocity price projection at 1256 1/4c. However, March soybeans has rallied since.

Update: January 2014 Soybean Market Outlook

A soybean market cycle analysis and roadmap for 2014 was presented here. It was mentioned the possibility that the Nov 5th 2013 bottom was the beginning of an important bull market. Additionally, it was discussed that both Gann’s 20 and 14 years cycle harmonics had turning point dates for January 2014. An update on these cycles is presented together with an analysis explaining the possibility that the market bottomed on Friday Jan 24th.