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Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.
Sigmacast expected range · 7–28-day calibrated zone
Forecast batch: 10/16/26
CHE's calibrated band puts the expected move at ±2.1% over 7 days, widening to ±3.2% over 28. Each horizon's current status is below.
Nested 60 / 80 / 95 calibrated expected-range · centered on current price (gold tick)
Macro correlations · context (not confirmation)
8 correlated indicators
Observed historical correlations, not forward signals.
Positively correlated: Total Vehicle Sales (r=+0.83), Crude Oil Production (Monthly) (r=+0.73), BoE Consumer Credit (r=+0.72)
Inversely correlated: Non Defense Goods Orders Ex Air (r=-0.85), 5-Year Note Auction (r=-0.83), Richmond Fed Services Revenues Index (r=-0.81), Producer Price Index (r=-0.74), PPI Ex Food, Energy and Trade YoY (r=-0.68)
As of October 17, 2026, CHE is trading at 1.62. Our multi-model Sigmanomics forecast for this commodity generates expected price ranges (magnitude, not direction) across 7-day, 14-day, and 28-day horizons, each with a recent-path character readout. Based on ensemble models including SIGMACAST, Σ-Adaptive, and Σ-Trend with model-agreement confidence bands. Updated daily.
Containment = how often the band held (backtest) — magnitude only, not a directional record.
Forecasts generated by Sigmanomics engine. Not financial advice.
Cheese Futures (CHE) is a commodity instrument tracked by the Sigmanomics analytics platform. The CHE commodity closed at 1.6256 on October 17, 2026, reflecting a gain of 0.98% from the previous close of 1.6098.
Over the past 30 days, the commodity has experienced a strong uptrend with a rally of 7.40%, ranging between 1.4170 and 1.6503. The price currently trades above its 20-day moving average of 1.4961. The 14-day RSI stands at 76.2, in overbought territory.
Over the same 30-day window, daily-return volatility was 1.30%, reflecting typical price variability for this commodity. Across the past 52 weeks, the commodity has traded between 1.4170 and 1.7647, with the current price near the midrange of that range.
Daily-return volatility of 1.30% is subdued for this commodity, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. CHE is currently trading 8.66% above its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 76.2, currently in overbought territory.
Auto-generated from Sigmanomics market data. Last update Oct 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.