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TFC Commodity Trading Forum

Re: Corn prices higher/Randolf *PIC*
In Response To: Re: Corn prices higher *PIC* ()

I don't know or care about Corn BUTTTTTTTTTTT this CORN ETF chart just broke out over its 10 month downtrendline. And more importantly it broke back over major resistance being 37.80 and has held above for 4 days now in a tight range. Very bullish pattern of consolidation after a breakout. It is waiting for a signal to run. One can see the significance of this breakout. So the buy is at this breakout level with a stop loss below at one's comfort level. Looking good for some more upside from here. So the story goes anyways........................