Corn has been bullish for some time. Back when I posted the second bullish chart, I wasn't so convinced about it, but now I'm pretty sure we'll see higher prices. The weekly chart remains bullish
On the daily chart, the histogram divergence called for a small correction. I believe the correction came to an end today, as the impulse is blue and there is a bullish engulfing candle.
I have entered long on the Corn ETF near the closing price and I'm looking for 410, at least. I have a soft stop on this trade.
On the daily chart, the histogram divergence called for a small correction. I believe the correction came to an end today, as the impulse is blue and there is a bullish engulfing candle.
I have entered long on the Corn ETF near the closing price and I'm looking for 410, at least. I have a soft stop on this trade.