Monday, June 7, 2021

July Corn Rising - Update 5



Once again Corn had extremely similar price action to Wheat. So, I'll refer you to that post.

However, Corn has been having stronger candlestick patterns than Wheat. For example, today we formed a Dark Cloud on the Wheat chart, but not the Corn chart. And, Corn closed above the 8ema while Wheat closed right on the 8ema.

Corn is looking stronger (more Bullish) than Wheat, but they're behaving in a parallel manner. So rather than repeat most of the Wheat post, I thought it would be better to provide a link to it:

https://jmstweets.blogspot.com/2021/06/wheat-might-make-some-bread-update-5.html


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