NEWS
Newsom on the Market
Darin Newsom DTN Senior Analyst
Fri May 2, 2014 06:36 AM CDT

In the hustle and bustle of fast-moving markets, monthly price charts are often overlooked. Back in the day these long-term looks at price movement over time were held in much higher esteem. Technical analysis books were filled with statements similar to "a technical pattern is more important if it occurs on a monthly chart." But in today's world of flash trading and instantaneous news, monthly charts (and those who analyze them, ahem) are viewed as dinosaurs.

To me there is still great value in the monthly charts. I made this point at a recent market outlook discussion and was greeted ...

Quick View
Related News Stories
Ground Shifts Under Wheat Trade
IGC Revises Wheat Forecast Up
Strategie Cuts Wheat Forecast
Wheat Gets Cold Feet
Strategie Grains: EU Wheat Down 4%
Tensions Disrupt Wheat Trade
Walk Wheat Fields
Todd's Take
USDA Weekly Crop Progress