Casey IL. ( I -70 ) then south on rt.49 | Might be up like you said but the high was set last Wednesday at 4.39 The high today was 4.29 (Aprox.) that my friend is a down trend started that is 7 days old. Just caught it today. The beans and wheat had or has already fell out the bottom corn just did today, so that means that beans and wheat are still leading. I wish I could explain myself better just not good with words.
I use a Regression trend with a time series for cast line and that is what it is showing me. ( I am very tech. could be wrong )
Probably a short lived trend but I do expect it to carry into the start of harvest.
I have a friend that reads charts the old way and he agrees that the head was made last Wednesday witch also means that we are coming down to make the right shoulder, witch is about 1.00 less on beans and about .60 on corn. Then at that time I believe we well start back up and have a strong up trend at that time. Things always do to change. |
corn the new leader?
