Thursday, February 18, 2021

May Corn Rise - Update 2




"Groundhog Day" all over again (movie reference and a Yogi Berra reference all in one). Meaning today we made another Doji candle about the same size and location. As long as we close over the 8ema I'll be happy. Well, for a while.

I see the possibility we're beginning to set up a sloppy Head & Shoulders Pattern. That would not be my preference. But for tomorrow, being Friday, I'm expecting another small inconsequential candle, which would mean we'd need to hold the position over the weekend. Also not my preference.

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