We’re approaching a long-term trendline that has held since the 2020 lows — and momentum is building.
Key levels to watch:
• First resistance: 95–100
• Macro breakout zone: 135–140 (cycle-level)
What’s interesting is the sequence:
Precious metals moved first.
Then industrial metals followed.
Energy came next.
Now it’s agriculture’s turn.
This rotation across commodities is not random — it’s how inflationary cycles typically unfold.
Seasonality also matters here.
Agriculture tends to peak in Q1 or early Q2, which aligns with a potential local top in early 2027 — right into that first resistance zone.
Pullbacks are likely, but the bigger picture is becoming clearer.
If we break higher, this isn’t just a trade — it’s a structural shift.
Do you expect rejection at 95–100, or continuation into a full cycle breakout?
The Bloomberg Agriculture Index is quietly setting up for a major move.
We’re approaching a long-term trendline that has held since the 2020 lows — and momentum is building.
Key levels to watch:
• First resistance: 95–100
• Macro breakout zone: 135–140 (cycle-level)What’s… pic.twitter.com/2yPetAJ7Jq
— Axis Balance (@Axis_Balance) March 30, 2026