Re: beans/corn *LINK*

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In Response To: Re: beans/corn ()

RSI 14 day 6-20 =44.17 that was close to the last highs 452 . Then 6-27 14 day was 43.99 high 447.75. Today we retest that RSI area at 43.91.
5 weeks in a trading range of 358-381 we are not over sold within the range and RSI.

14 day stoch has not cross over. Parabolic is in a sell mode.

20 day moving avg. In 29 days since the gap on 7-20-7-21 (378-376.50) we have closed over the 20 day ma only 5 times

low of 358=5% rally =375.75 price. We have closed only one time above that price since the low.

Targets=dec corn has two gaps 497.25 and 414.50=that swing number 331.75
Had a Jan low of 435 and rallied to 517. That swing number is 353.

This is the stuff that makes bulls and bears.

http://www.barringtoncommodities.com