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timwest
Nov 12, 2014 3:25 PM

Corn -Dec 2014 - ZCZ2014 - New 11-day Mode buy signal Long

Corn Futures (Dec 2014)CBOT

Description

Corn chewed through the Big 370 resistance zone by going sideways and building a new 11-day platform from which to launch from.

This is what major bull moves are made of. Unfortunately, Corn expires this month, so I will re-start the analysis on the next active contract on corn.

For those of you who have followed this move up in corn from the bottom, this is a new beginning from right here.

Upside for 11-days. Buy any pullbacks to today's mid-point (wherever that ends up being) as today is a key breakout day with range expansion. Stop at yesterday's close, less 3 cents.

Cheers.

Tim 10:23AM EST 11/13/2014 Wednesday

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Comments
IvanLabrie
Looks good, 50% retrace is the real deal...
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