Expecting corn to go between $17.4 till 18,000 before a pullback Lets BTFD~
Lets see if price tries to head back up towards and rise above the green ichimoku cloud before I consider longing it
Just BTC thang, over the typical weekend low volume
Just throwing out an idea that we might be at the start of a silver bullrun and time to pay attention to reversion to mean price whenever price deviates too much out side of Gaussian Width :D
Gaussian Width looks like its primed to turn red on the daily. Or it could not. TD sequential is showing a 9 buy on the daily currently (candle has yet to close) Seems there not still indecision. This should get resolved as soon as CME markets open much of the volume then will determine where we heading. All coiled up and ready to go either direction. I...
I think we are see-ing BTC moving downwards after failing to go back above 9300 and 9600. One could argue this is consolidation under resistance and we are primed to move upwards. Moving averages flipping bear. The buy zone I am seeing is in confluence with ichimoku cloud support on the 1 day which sits at 0.5 the very lowest and 61.8 being the golden pocket...
Bulls not there yet. Bearish but bears not pushing it even lower. We could end up recovering closer to daily close. Based on TD sequential as well as the how Heikin-Ashi candles are looking. I would say interim upside before the corn decides to push through resistance or not. Long above 9300, short the corn if there is weakness.