TradablePatterns
Long

Corn (ZC) At Long-Term Support

CBOT:ZC1!   Corn Futures
ZC             has been sold off stronger than most commodities , and its weekly Stochastics is at an extreme low reading. Note how it together with weekly MACD are beginning to turn up. The daily chart including today's action illustrates this bottoming action more clearly, but I've profiled this weekly chart to point out how ZC             is currently beneath a long term down channel support line, which I don't expect to persist for long with ZC             trading at an important support zone . Although the weekly RSI appears to still turn down, keep in mind the lag introduced by weekly chart signals. Visit http://goo.gl/NTXHtX for today's technical analysis on $NG_F, $ZC_F, $USDJPY             , $VIX_F, $NQ_F, $NFLX, $TSLA, $ES_F, $USDX, $EURUSD, $EURCHF, $CT_F

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Nice call - you were spot on! Corn and other agriculturals are always fantastic markets to follow!
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TradablePatterns LumbridgeCity
Cheers Lumbridge. Hope you caught some of the rally. For such major turns in the markets, patience is definitely required!
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