A swing up to 363-367 is possible in Corn
- Ichimoku is bearish, but Chikou Span hits past resistance.
- Bearish supports are 362 / 364,85 / 370 (strong supp/res)
- Heikin-Ashi signals a pause, consolidation or minor pull back is possible. haDelta+ and haOscillator tick higher, some short term positive divergence in both.
- EWO adn MACD are bearish
Better risk/reward is still on short side, if market reaches 364 +/- and you see a sell signal there.
- Bearish supports are 362 / 364,85 / 370 (strong supp/res)
- Heikin-Ashi signals a pause, consolidation or minor pull back is possible. haDelta+ and haOscillator tick higher, some short term positive divergence in both.
- EWO adn MACD are bearish
Better risk/reward is still on short side, if market reaches 364 +/- and you see a sell signal there.