Re: Corn - ZCN15 .. update *PIC*
... 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!
J.