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Author: Jim Wyckoff

Softs Market

October sugar closed down 8 points at 21.92 cents yesterday. Prices closed nearer the session high yesterday and were pressured on mild profit taking. The major runaway bull market in sugar continues. Would-be top-pickers do not...

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Grain Market Analysis

November soybeans on Friday closed higher and nearer the session high. The bulls remain in technical command. However, seasonal factors are bearish for beans at this time of year. The next upside price objective for the bean...

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Energies Market

September Crude Oil closed slightly lower on Thursday as the market extends this week’s trading range. The high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are overbought...

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Precious Metals Commentary

October gold posted an inside day with a slightly lower close on Wednesday as it consolidates some of the rally off last week’s low. The high-range close sets the stage for a steady to higher opening on Thursday....

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Livestock Commentary from Jim Wyckoff

October hogs closed down $1.85 at $52.05. October hogs closed sharply lower on Monday due to sharply higher gain prices ending a one-day short covering rally off last week’s low. The low-range close sets the stage for a...

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Grain Market Commentary

September Corn closed up 7 1/4-cents at 3.39 1/2.September corn closed higher on Friday as it extended Thursday’s breakout above the 20-day moving average crossing at 3.25. If September extends this week’s rally, the...

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Energy Market

September crude oil closed up $1.82 at $67.23 a barrel yesterday. Prices closed near the session high and hit a fresh three-week high yesterday as bulls did gain some fresh upside technical momentum amid a rallying U.S. stock...

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Energy Market Commentary

August crude oil closed up $0.52 at $62.06 a barrel yesterday. Prices closed near the session high yesterday on more short covering and amid a rally in the stock market again yesterday. Bulls and bears are on a level near-term...

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