Showing posts with label sideway. Show all posts
Showing posts with label sideway. Show all posts

Wednesday, February 10, 2016

Soybeans - February 2016

 This is our commentary for soybeans on the month of February 2016. As mentioned in previous posts, Gann's 30 years cycle is due to turn during this month. There are other minor cycles turning during the whole length of this month.
 
 The 30 years cycle should be the main focus during this month. According to our 2016 soybean roadmap and seasonal trend, February is a good month for seasonal lows. One possibility is that a market low will align with Gann's 30 year cycle leading up to a June 2016 top.

Tuesday, September 29, 2015

Update 2: Soybeans - September 2015

 The soybean market has remained in a sideways motion since last August. Every attempt to definitely break above or below its resistance/support levels has been followed by a counter-trend motion.

 Our 2015 soybeans roadmap discussed the possibility that the Gann's 20yrs cycle harmonic turning in late September could align with a market top. However, the current market behavior leads us to believe that perhaps it has aligned with a market bottom.

 The current post discusses this possibility and a potential scenario for the upcoming months.