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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 ± 2.1–3.2% · 7–28-day calibrated zone
Last Updated: 6/24/26
recent path character per horizon · descriptive, not a forecast
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: All Car Sales (r=+0.76), JOLTS Quits (r=+0.75), JOLTS Total Separations (r=+0.69)
Inversely correlated: ISM Manufacturing New Orders (r=-0.73), JOLTs Job Openings (r=-0.72), Non Defense Goods Orders Ex Air (r=-0.70), PPI Final Demand Ex Food Energy Trade (r=-0.70), PCE Price Index MoM (r=-0.69)
As of June 24, 2026, RS1 is trading at 114.00. 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.
medium-term trend: down · 1D · ER 0.12 · trailing 7d
Forecasts generated by Sigmanomics engine. Not financial advice.
Canola Futures (RS1) is a commodity instrument tracked by the Sigmanomics analytics platform. The RS1 commodity closed at 744.20 on June 24, 2026, reflecting a decline of 0.24% from the previous close of 746.00.
Over the past 30 days, the commodity has experienced a modest uptrend with a rally of 0.52%, ranging between 728.29 and 800.54. The price currently trades below its 20-day moving average of 755.54. The 14-day RSI stands at 45.3, in neutral territory, indicating balanced momentum.
Over the same 30-day window, daily-return volatility was 1.27%, reflecting typical price variability for this commodity. Across the past 52 weeks, the commodity has traded between 578.81 and 800.54, with the current price near the midrange of that range.
Daily-return volatility of 1.27% is subdued for this commodity, leaving recent ranges compressed — watch for a decisive break of the band as the more telling development. RS1 is currently trading 1.50% below its 20-day moving average and sitting in the middle of its 52-week range. Its 14-day RSI reads 45.3, currently in neutral territory.
Auto-generated from Sigmanomics market data. Last update Jun 2026.
Sigmacast forecasts span six horizons — 30-minute, 1-hour, 2-hour, 4-hour, 12-hour, and daily — refreshed continuously as new bars arrive.