My medium-term plan is to share our trade ideas via a message service.
This will improve idea dissemination in a timely fashion.
Please let me know if you are interested.
Today we look at Corn as we feel it is setting up for a trade.
Our previous Corn analysis identified 562 as key with the following comment:
Watch to see if this week’s closing price is above 562, slowing the move lower.
Corn ended up closing that week at 556’2 before rallying.
The link before takes you to the complete analysis.
Our trades have a better chance of success when we analyze multiple timeframes.
Today, we analyze Corn using the Weekly and Daily charts.