Death comes to us all. Life's but a walking shadow | Just finished reading Al Kuis's monthly article in Successful Farming. The last thing he mentions in that article is to watch for the first time the nearby futures closes above the previous two weeks highs. On 10/7 corn closed at 341.2, on 10/14 the close was 357.0, we've traded down since then. While the close on the 7th and the 10th aren't technically at the end of the week (but rather on Tues.) they do meet the 7 day interval.
Stretching his definition a little if we can close about 357 by this Tues. it will signal a change in trend.
He makes some other good comments and mentions some things to watch for. |
Tonites open
