Showing posts with label reaction. Show all posts
Showing posts with label reaction. Show all posts

Monday, June 20, 2016

Update 2: Soybeans - June 2016

 Our previous post contained several VPP and PTV[1] projections for a June top in the soybean market. These were not as accurate as we would have liked, having an error of 20¢ in July soybean futures. However, it seems it is most likely that Gann's 20yrs cycle projected to turn in the first half of the month has aligned with a swing top.

 Other PTVs completed in both July and November soybean futures at the June 10th an 13th tops respectively. We are including them in this post. 

Wednesday, July 15, 2015

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.

Tuesday, November 18, 2014

November 2014 - January Beans

 In our 2014 soybean roadmap we mentioned November 2014 as an important month regarding cycles. Three major cycles are due to turn during this month, namely Gann's 45 years, 20 years and 14 years cycle harmonics.

 The present post updates some of these cycles and discusses the possible behavior of soybeans for the recent future.

Wednesday, April 23, 2014

Update 3: April 2014 Cycle and Vectorial Analysis for July Soybeans

 This is a follow up on July soybeans cycle and vectorial analysis presented in a previous update.

 Gann's 14 years cycle harmonic seems to be aligned with the April 17th swing top at 1521c in the July contract. The PTV[1] defining the uptrend from January to April 2014 measures 292.80, or the second Square of Twelve. Since then, prices have declined.

Tuesday, April 8, 2014

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.

Wednesday, March 12, 2014

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.

Friday, March 7, 2014

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.