May Rotations: Core= wheat, Featured= US dollar

Signals: wheat Long 5/19 (TSP=467.25), US dollar buy 5/11 (TSP= 94.13)

Model Notes: The buy on wheat came in at 467.25 (TSP), near todays’ close and above the 455 support area. A pretty good start. The US dollar is still moving up, leaving our buy signal behind (in a profitable way!). The models seem in sync with their respective markets.

Note: TSP is calculated by using the closing price of the trading day after the signal day. It is more realistic for trading calculations/evaluations.

Nonlinear Trading Themes:

• Wheat Trading Signals (May core market) The buy signal is in pretty good shape from a technical read standpoint. The market is holding above near-term support (455) and the downside momentum is waning. We are looking for reversal to the upside.
• US Dollar Trading Signals (May feature): The greenback is still drifting up. It appears the 95 resistance level has been pierced. The buzz about rate hike in June is not going to embolden dollar bears. The dollar model is positive.

Premium Research notes:

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring missing puzzle piece: what asset classes will continue to advance for next month? We can help with that. Get your independent research here! Click the “Ranking” tab to find out more.

Take a minute to peruse the US Equities tab. I posted the S&P 500 trading signals postmortem for the recent March-April time period (approx. as it took about a week to generate a signal at the beginning). Plus 134 Points. Great stuff!

GH Garrett – Chief market analyst for ConquertheMummy.com  © 2015-2016, “Nonlinear signals that matter in gold (and wheat)  trading.”

May Rotations: Core= wheat, Featured= US dollar

Signals: wheat Long 5/19 (TSP=Waiting), US dollar buy 5/11 (TSP= 94.13)

Model Notes: Wheat reverses to a buy! We can catch the TSP (tomorrow’s close) later but it looks like a positive trade for now. The recent US dollar buy looks good to as the greenback drifts higher. Both models look to be in sync with their respective markets.

Note: TSP is calculated by using the closing price of the trading day after the signal day. It is more realistic for trading calculations/evaluations.

Nonlinear Trading Themes:

• Wheat Trading Signals (May core market) The model expects the 455 support level to hold. This feels about right as the market fell off the end of April levels. The model wheat portfolio is now long and we are waiting for the TSP (entry price).
• US Dollar Trading Signals (May feature): The dollar model is now long and the greenback is challenging near-term resistance (approx. 95.25). The model expect dollar to push north of it.

Premium Research notes:

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring missing puzzle piece: what asset classes will continue to advance for next month? We can help with that. Get your independent research here! Click the “Ranking” tab to find out more.

Take a minute to peruse the US Equities tab. I recently posted the S&P 500 postmortem. I think you will be pleased.

GH Garrett – Chief market analyst for ConquertheMummy.com  © 2015-2016, “Nonlinear signals that matter in gold (and wheat)  trading.”

May Rotations: Core: wheat, Featured: US dollar

Signals: wheat short 4/29 (TSP=487.50), US dollar buy 5/11 (TSP= waiting)

Model Notes: The US dollar model issues a buy! The downside expectation here is 93, with the trend now pointed up. This is the first signal for the period (May). On the wheat side the model sell is still in the money. Both signals appear good and the models appear in sync with their markets.

Note: TSP is calculated by using the closing price of the trading day after the signal day. It is more realistic for trading calculations/evaluations.

Nonlinear Trading Themes:

• Wheat Trading Signals (May core market) The Apr 29 sell short is still working and it is not clear that the grain is going to hold at the $455 support level. So far the market is pausing the downward move but there chart does not seem to be signaling a reversal. Model is still short.
• US Dollar Trading Signals (May feature): The dollar models are now registering a buy. We won’t know the TSP until tomorrow’s close. We have near-term chart support at about 93. This is not far from today’s close (limited downside expectations). The model portfolio is now bullish.

Premium Research notes:

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring missing puzzle piece: what asset classes will continue to advance for next month? We can help with that. Get your independent research here! Click the “Ranking” tab to find out more.

Take a minute to peruse the US Equities tab. I recently posted the S&P 500 postmortem. I think you will be pleased.

GH Garrett – Chief market analyst for ConquertheMummy.com  © 2015-2016, “Nonlinear signals that matter in gold (and wheat)  trading.”

Model Notes: The wheat model sell (Apr 29, TSP=487.50) is working fairly well with prices dropping some 20 cents in the aftermath. So the model does seem in sync. The US dollar? The model is holding neutral. The initial setup offered little in the way of possibilities. Linear techniques indicated a downtrend but the market was severely oversold. Any one that shorted on Apr 29 (the period start date) would be looking at a loss as of Friday. I would say this model is also in sync.

May Rotations: Core: wheat, Featured: US dollar

Model Portfolio Signals: wheat short 4/29 (TSP=487.50), US dollar is flat

Note: TSP is calculated by using the closing price of the trading day after the signal day. It is more realistic for trading calculations/evaluations. If your independent research provider doesn’t use the TSP methodology, maybe you need to add another independent research source.

Nonlinear Trading Themes:

• Wheat Trading Signals (May core market) Wheat dropped after the brief Apr 25-29 rally and closed lower than the recent Apr 25 low. We do have chart support at $450. For now the models stay short.
• US Dollar Trading Signals (May feature): The dollar weakness was followed by a sizable rebound. Chart resistance is right around the 94 level, or put another way, about where we are now. The model is holding the neutral position but I have some indications that we should get a signal this week.

Premium Research notes:

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring missing puzzle piece: what asset classes will continue to advance for next month? We can help with that. Get your independent research here! Click the “Ranking” tab to find out more.

Take a minute to peruse the US Equities tab. I recently posted the S&P 500 postmortem. I think you will be pleased.

GH Garrett – Chief market analyst for ConquertheMummy.com  © 2015-2016, “Nonlinear signals that matter in gold (and wheat)  trading.”

Model Notes: May starts with 2 new markets, wheat the core and the dollar is the featured. Wheat starts out with a short reading. The dollar is conflicted and starts flat. The trend is probably down but after 5 hefty down days, the trend is unplayable. So this is a wait. Please take a moment to check out the “US Equities” tab, I posted the postmortem for that market this weekend. Great stuff.

May Rotations: Core: wheat, Featured: US dollar

Model Portfolio Signals: wheat short 4/29 (TSP=Monday’s close), US dollar is flat

Note: TSP is calculated by using the closing price of the trading day after the signal day. It is more realistic for trading calculations/evaluations. If your independent research provider doesn’t use the TSP methodology, maybe their models are not as prescient as those used by CTM .

Nonlinear Trading Themes:

• Wheat Trading Signals (May core market) Wheat tried the moonshot above $5.00 a couple of weeks back but failed to hold. The rally last week looks more like a chance to fade. The model wheat portfolio is now short.
• US Dollar Trading Signals (May feature): this is more complex. The break below the recent range indicates a downtrend but the 5 straight down days is not a good place to drop a short. We have to walk this trail a little further to get a good signal. The model dollar portfolio is flat.

Premium Research notes:

We are now offering asset class ranking (or alternatively sector ranking), using our trading signal technology on a longer timeframe. This is an exciting new product as portfolio construction has one glaring missing puzzle piece: what asset classes will continue to advance for next month? We can help with that. Get your independent research here! Click the “Ranking” tab to find out more.

Take a minute to peruse the US Equities tab. I recently posted the S&P 500 postmortem. I think you will be pleased.

GH Garrett – Chief market analyst for ConquertheMummy.com  © 2015-2016, “Nonlinear signals that matter in gold (and wheat)  trading.”