Notice the following on the agricultural prices chart
-- Prices are consolidating in a triangle consolidation pattern, and have been for between 4-5 months
-- Prices and the SMAs are still in a tight pattern, indicating overall indecision
-- The MACD is rising
-- The RSI is sort of rising, but it's not as strong as we'd like to see
-- There's upward room for the stochastics.
Notice the following on the industrial metals chart:
-- Prices have been consolidating since the end of last year
-- Prices and the SMAs are still in a tight range, indicating indecision
-- The MACD is rising
-- The RSI is rising
-- There's a touch of upward room left on the stochastics
Bottom line: both charts are still consolidating.
