This is the PFS Forecast Model for the year 2005:
If we look the CORN in 2005 we can see that the general forecast worked very well. The High of the year is in July (18 July 2005) then the Low in November (29 November 2005), and then up until the end of the year, just as forecast.
The 2008 model was perfect, and there are no words needed to explain.
In this year, the general forecast was right, with a High in June and then a decline into the end of the year with a rally and then a final downtrend.
The general up trend for the year is evident. The only problem is in January, where the market begins with a decline.
Here is our current year of 2012. In this case, the Model has worked very well so far this year, with a general up trend until July. Soybeans continued to make a topping formation until September 4, while the model made a lower shoulder pattern, but then beans began going down, making a Low as of now, October. To find out what it will do for the rest of the year and into 2013, you’ll have to subscribe to the Bulletin Service.
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