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TFC Commodity Trading Forum

Re: Corn, Bearish or Bullish ?
In Response To: Corn, Bearish or Bullish ? ()

The weekly chart still looks very, bearish. However, the daily chart looks like it is going to challenge resistance at the 18 day moving average. I am waiting to see what happens in a few days.

The set up I am looking for would be a bounce off of the a day moving average to sell.

If it penetrates it, then I have to watch for my contrarian set up on the weekly chart before I can do anything.