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Central Missouri | http://www.agrichartsmobile.com/markets/chart.php?page=ccharts&sym=...
We are in a time frame when we should see a seasonal turn but the chart may have more downside. The key reversal with high volume of April 7 should have turned the macd higher but Fri negated that. There has to be a ton of sell stopd unde the recent lows. Indicating to me that there may be a wash-out to clean out the stops making new lows and prepping the market for a turn. Alot of corn will get planted in the next 10 days. Very different than the last 2 years. | |
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Corn
