Corn Poised for 6 – 12-Month Peak; Wheat Fulfilled Cycle Highs in March ‘22.
Outlook 2022/2023 – Mid-Year Review
06-29-22 – In order to prepare for the second half of 2022 and all of 2023, it is crucial to review what was anticipated for this time period – and the months or years leading up to it – as well as what has transpired in the first six months of 2022.
On a 6 – 12 month basis, Nov ‘21 ushered in a decisive shift in the markets as three key stock indexes fulfilled major, multi-year upside price and wave (‘5’) targets and paved the way for a projected 6 – 12 month and possibly 1 – 2 year equity decline. At the same time, Bitcoin was attacking its major upside target and cycle highs – fulfilling the final phase of its projected bubble.
On the geopolitical landscape, Russia began to mount troops on Ukraine’s border as the long-forecast 80-Year Cycle of War began to take hold (late-2021 – late-2025). Gold & Silver had already signaled 6 – 12 month lows in late-Sept ’21 and were projected to surge into late-Feb ’22. These outlooks and analyses were part of a much bigger forecast…
2021 Culmination & Transition
For almost a decade, a momentous shift in major cycles has been anticipated for late-2021/early-2022. That was forecast to be preceded by the culmination of the latest 40-Year Cycle of Currency Wars (and many other things) in 2016 – 2021, with major rallies projected for Gold & Bitcoin leading into 2020/2021.
As those markets were fulfilling their projected parabolic advances, equity markets were going through a topping process with initial peaks in May ‘21 & early-Sept ‘21 – reinforcing analysis for subsequent peaks in early-Nov ‘21 and a final, divergent peak in early-Jan ‘22. The Jan ‘22 cycles fulfilled multi-month, multi-year & multi-decade cycles and were forecast to trigger the sharpest decline since Feb/Mar 2020.
A ‘seismic shift’ was forecast to begin in late-2021/early-2022 and usher in a very unsettled period in late-2021 – late-2025, when War Cycles returned and when Solar, Seismic & Volcano Cycles collide. In other words, 2022 is only the beginning…
2022 Shift & Inception (of New Cycle)
Throughout 2020/2021, our publications highlighted this culminating 7th phase of America’s 40-Year Cycle of Currency Wars (finales/shifts in 1781, 1821, 1861, 1901, 1941, 1981 & 2021) and explained why that – along with a myriad of corroborating cycles and indicators – should lead to a dramatic economic and financial shift in the years and decades that follow.
That Phase VII included a new antagonist with a three-way battle between fiat (paper), hard (metals) and digital (cryptos) currencies. A pair of Weekly Re-Lay Alerts published in May 2021 reiterated this, explaining why Bitcoin was about to enter the final stage of a massive bubble that should peak in 2021 (the title reflected that outlook) – reinforcing what had been forecast for Bitcoin in 2020/2021…
That built on what had been described in multiple issues of INSIIDE Track, including the May ’21 issue – which recapped what had been published during the preceding 5 – 6 years. This is critical to understand in order to place 2022 in proper context…
With the benefit of 20/20 hindsight, it is now possible to better assess those 2020/2021 projections – some of which had been forecast for 5 – 10 years prior, pinpointing 2021/2022 as the time for their fulfillment and a massive shift:
Culmination of Currency War – √
Parabolic rally & peak in Bitcoin/cryptos – √
Parabolic surges & peak in Gold/Silver – √
Food Crises in 2020 – 2022 – √
Soybean, Wheat & Corn Surges in 2020 – 2022 – √
US Dollar Bottom in 2021 & 1 – 3 Year Advance – √
Multi-year uptrend in interest rates – √
Onset of War Cycle in late-2021 – √
Appetite for Risk
As discussed last month, the stock market reflects so much about our (society’s) priorities & problems, hopes & dreams, fears & anxieties – so it is a great place to look for current & future concerns. As a result, stock market cycles reflect far more than just stock price movement or turns. They reflect developing underlying shifts that are often not apparent until weeks or months after the markets have begun to factor them in…
That dovetails with equity analysis published in Nov ‘21, when at least three primary indexes (Russell 2000, NQ-100 & DJTA) fulfilled multi-year upside targets and ‘5th of 5th’ wave peaks – signaling 6 – 12 month (or longer) peaks and the onset of a major sell-off. The stronger indexes were projected to diverge and provide brief spike highs in early-Jan ‘22 – before an accelerated decline (roller-coaster analogy).
Déjà vu?
As stocks were signaling the culmination of 8-month, 2-Year, 3.25-Year, 20-Year & 40-Year Cycles – in Jan ‘22 – another long-term cycle was also projecting a Jan ‘22 peak followed by a prolonged sell-off in stocks – a sell-off that could stretch out for the better part of 2 years. It is a cycle that has been prevalent for thousands of years. The Dec ‘21 INSIIDE Track explained why 2022/2023 was poised to resemble 1973/1974…
Soybeans, Corn & Wheat are confirming tops after Soybeans spiked to higher highs and fulfilled the final criterion for a multi-month peak, shortly after Corn had fulfilled 6 – 12 month upside targets and attacked its 2012 peak. That was projected to spur initial declines to ~1400/S & 950/W, which could soon be violated.
Soybeans could see a drop back to 1200 – 1220/S as Corn fulfills analysis for a sharp sell-off into July/Aug ’22 – when ~1-year, ~2-year & ~4-year (midpoint) cycles portend a 3 – 6+ month bottom. It could drop to ~650/C as Wheat is poised to drop back to ~750/W in the coming months.”
Wheat fulfilled analysis for parabolic surges into early-March ’22, when monthly & weekly cycles projected a significant peak. Corn followed suit, surging into related cycles in May ’22 – when a 6 – 12 month peak was/is most likely. This is perfect market action leading into the time (2022) when a 40-Year Cycle of Drought & 80-Year Cycle of Agriculture has been forecast to abruptly transition. That is beginning to unfold.
~11-Year, ~40-Year & ~80-Year Cycles collide in 2022 and pinpoint what could/should be a seismic shift in natural (climate, precipitation, etc.), geopolitical and market cycles at the same time food/commodity inflation cycles & Food Crisis Cycles culminated. 2022/2023 is expected to produce major disruptions including climate shifts (Drought/Deluge Cycles) and solar storms.
Corn has fulfilled a 3-year low (July ‘07) – low (Jun ‘10) – high (July ‘13) – high (June ‘16) – high (May/Jun ‘19) – high (May/June 2022) Cycle Progression after Wheat fulfilled related ~6-year low (‘04) – low (‘10) – low (‘16) – high (2022) and ~33-month low (3Q ‘16) – low (2Q ‘19) – high (1Q 2022) Cycle Progressions in early-March ’22 peak (that reached all of the major upside price targets and precisely fulfilled corroborating weekly cycles at the same time).
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.