Cash Strategist 11/1/2023
While fundamentals catch most of the attention for moving prices, the technical side of price-watching has an important role.
Keeping an eye on the moving averages and the relative strength index (RSI) can provide important insights on support, resistance and momentum. There are a host of other indicators to follow, but if you are new to watching charts, then it is best to focus on the main ones.
In addition to the lines on or below the charts, the seasonal tendency of prices can provide some valuable insight into when to make marketing decisions.
The most popular seasonal charts focus on the 15-year pattern. These charts average the tendencies of a particular market over that time frame. For example, corn and soybean prices have a tendency ...
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