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Remko
Dec 11, 2016 2:47 PM

CBoT Corn 做多

Corn Futures (Mar 2017)CBOT

描述

Corn:
Price recently made some 'trap moves' which made us decide to step away from the market fro some time and let it play out. In meantime we see a clearer pattern being developed again which has resulted in a bull-flag-pattern. Same bull flag pattern has now the potential the unfold its last leg with the 375 level as first target by the end of December where price will meet resistance from the upper boundary of its current ascending price channel. The EW count suggests that pice has began its 3 of 3 wave which should give price support to trade substantia higher levels by the end of January or, possibly, mid February with 440 as second target.
评论
Olu
I am in agreement with your idea. Thanks. I was planning to take the trade tomorrow so good luck to both of us
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