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TFC Commodity Trading Forum

Re: Corn Still On the Moon

We were advising to start taking profits yesterday and today.
Our possible new highs indicators money management tools are conflicting though.
In the ETF we follow they show a new high coming. In the futures they don't show if new highs are coming.
Since we only now chart and follow the ETFs and stocks, we don't have enough history to know the odds.
But over history of most stocks and commodities the indicator is around 92% correct showing if new highs are coming.