- The stup is neutral now. Price, Tenkan and Kijun are all in the flat thin cloud.
- Volatility is quite low
- Tightenning triangle. The breakout will bring a quick pickup in momentum
- Heikin-Ashi shows indecision
- Minor bullish view until price holds above Kijun + EWO is green.
- MACD is neutral.
I still have some bullish bias on Corn, espec that I expect USD to weaken more, which should help a bit agris to tick higher. The real key levels are 372 and 378.
Please not May/June contract switch is happening soon. May notice date is 28/April.
- Volatility is quite low
- Tightenning triangle. The breakout will bring a quick pickup in momentum
- Heikin-Ashi shows indecision
- Minor bullish view until price holds above Kijun + EWO is green.
- MACD is neutral.
I still have some bullish bias on Corn, espec that I expect USD to weaken more, which should help a bit agris to tick higher. The real key levels are 372 and 378.
Please not May/June contract switch is happening soon. May notice date is 28/April.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.