Sunday, May 1, 2022

Trend futures model stable as we enter new month

Our trend futures models which look at short-term, medium-term, and long-term trends provide clear simple signals across the major asset classes and markets. 

All the fixed income markets are showing strong down trend.  All of the major currencies are showing long dollar positioning. The only currency exceptions are with long trends in the peso and real. All energy markets are showing long signals as oil and natural gas have continued their march higher. Precious and base metals are consistently showing short signals based on rising rates and potential slower growth. Stock indices also are generally moving lower with strong trends toward higher volatility.

Commodity markets are mixed with long signals for corn and soybeans as we enter the planting month. Cattle and hogs prices are moving lower, and softs are also headed lower. 




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