Educational and Actionable Information using Fibonacci and W.D. Gann Analysis

Fed raises rates, Putin-Xi meeting, Uncertainty in Black Sea

If you missed last week’s No Bull (Part One of Goin’ Green ), I outlined the cause of what I would call the largest fundamental shift in fuel demand in modern times, thanks to California. California’s...

US wheat futures punch through chart resistance as all ”hail" breaks loose in India's wheat basket

The wheat futures rallied back on Friday with 2% to 4% gains. Chicago futures ended 24 3/4 to 26 3/4 cents higher on Friday, though May stayed 22 cents in the red. KC wheat prices closed 24 1/2 to 28 1/4...

Soybean futures closed Friday with 7 1/2 to 15 1/4 cent gains. That reduced November futures’ loss for the week to 40 cents after bouncing off their 100-week average. The meal market closed with $6.80...

The Friday rally put corn back into the black for the week. The front months were 1.3% to 2% higher on the day, with May’s 11 1/4 cent gain leaving the contract 8 3/4 cents above last week’s close....

That's a wrap! Here's today's closing prices and market recap. Next week will be a big one, so rest up!

Hogs end week on strength

In my opinion, the cattle market traded status quo this week.  It is being found that the reservation shown by cattle feeders, to not bid up prices, growing them bigger, with packers maintaining a slower,...