MARKETS NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Fri Nov 22, 2013 03:49 PM CST

Soybeans are bullish. That should be enough to set the market on a long-term uptrend, but as anyone who has watched knows, it hasn't been. Contracts continue to fluctuate between bullish and bearish, rallying only to fall again, all while the last major (long-term) technical signal and 2013-2014 forward curve (series of futures spreads reflecting the long-term commercial outlook) remain bullish.

That is until this week. A look at the weekly chart for the January contract shows another bullish outside week, confirming the previous bullish reversal established the week of November 3 (note that the low of this pattern, $12.47, ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
DTN Closing Grain Comments
DTN's Quick Takes
DTN Midday Livestock Comments
DTN Midday Grain Comments
View From the Cab
DTN Before The Bell Grain Comments
DTN Early Word Opening Livestock
DTN Early Word Grains
DTN Closing Grain Comments
DTN Midday Livestock Comments