For the last week new long contracts struck are high while in the same period of time a large number of old short contracts were closed.It looks like the distribution period for corn is ending and has started a new accumulation period for this commodity so it is expected its prices to go up in the upcoming weeks.Check my softandgrains charts on my websites:http://cotreportfreeswingcharts.my-free.website/ and http://futuresandoptions.wix.com/cotswingcharts.
My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.
Saturday, 8 August 2015
corn
For the last week new long contracts struck are high while in the same period of time a large number of old short contracts were closed.It looks like the distribution period for corn is ending and has started a new accumulation period for this commodity so it is expected its prices to go up in the upcoming weeks.Check my softandgrains charts on my websites:http://cotreportfreeswingcharts.my-free.website/ and http://futuresandoptions.wix.com/cotswingcharts.
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