We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of December Corn (ZC.V12.E). I hope you had a GREAT week !
Corn is currently in a counter trend correction and has gone on a weekly red MarketClub Trade Triangle which reflects the counter trend move.
The monthly MarketClub Trade Triangle is still green which means the longer term monthly trend is still bullish for Corn. Continue reading "Chart to Watch - Corn"