- 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.
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Delta10
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I second the opinion that we will have a sideward movement with an incoming upward trend
here my analysis based on COT data