Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Corn - ZCN15 .. update *PIC*
In Response To: Re: Corn - ZCN15 .. update ()

... true it has been left in parking; ..well, my assumption is based on the following observations:
- Price touched the October's low with divergence;
- The calculated weekly bar (see image, week 24) shows high down-volume (1.80m) with divergence, .. pointing an end to downtrend with a possible bounce in wk 25;
{note that volume is as a calculated real time interation, not ECBOT's!}
- On the 16th of June, The calculated daily bar came out of depth with high up-volume (481k), .. pointing the bouncing day in week 25.
{note also price above 1.0, high up-volume, and momentum above 0.0 is considered bullish}
... of course, all is numerical fantasy, .. but it works most of the time! :)
As usual the market rules!