Friday, May 21, 2021

#Corn Review $CORN #ZC_F

Corn Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Corn's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Corn's DI (Energy Build)

Corn's rally was slowed by a bearish energy build, a blocking dome against the primary trend. That build has been releasing into a rally. This combination of a rising DI as price rallies is uncommon and bullish. DI's normally rise as price falls.

If DI continues its climb as price falls, it defines even more accumulation. We play this stuff by the numbers. The setup is what it is, not what we believe. Please download the Matrix later on Friday to see how the grains responded to the price break.

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