vlad.adrian
Long

CORN - Bullish divergences on both timeframes

CBOT:ZC1!   CORN FUTURES - ECBT
119 0 7
The weekly chart shows a bullish divergence , but it is a weird one, I wouldn't count this chart as terribly bullish , and I would not be surprised to see Corn             wiggle a bit more close to the current levels. Anyway, a bullish divergence makes it worth placing a bet, but as I said, not the most bullish divergence I've ever seen
snapshot


The daily chart also shows long term bullish divergences on MACD lines, histogram and Force Index . Taken by themselves, I would say that the daily looks more bullish than the weekly, so that doesn't really convince me a long term rally is coming.
As I said, it is worth a bet
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