In the last week we had 48,606 old short contracts closed and only 10,170 old long contracts closed for corn so we had almost 5 times more old short contracts closed than old long contracts closed for this commodity.This means investors are much more bullish than bearish for this commodity and corn price should rise soon.Check my softsandgrains charts on my free websites:http://cotswingcharts.wix.com/freecotcharts and http://futuresandoptions.wix.com/cotswingcharts and http://afaria32.wix.com/cotcharts and http://cotreportfreeswingcharts.my-free.website
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, 17 October 2015
Corn
In the last week we had 48,606 old short contracts closed and only 10,170 old long contracts closed for corn so we had almost 5 times more old short contracts closed than old long contracts closed for this commodity.This means investors are much more bullish than bearish for this commodity and corn price should rise soon.Check my softsandgrains charts on my free websites:http://cotswingcharts.wix.com/freecotcharts and http://futuresandoptions.wix.com/cotswingcharts and http://afaria32.wix.com/cotcharts and http://cotreportfreeswingcharts.my-free.website
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