CORN Failed Bearish Symmetrical Triangle is BullishCorn experienced a failed bearish symmetrical triangle breakout to the downside. It is now rallying towards bullish head and shoulders breakout Longby Krumples1
PBOF CORNMy PBOF chart is an attempt to identify, and be decisive, after a potential bottom has formed through with a good sequential 9 or 13 and triple exhaustion signal. Oscillator divergence and volume are clues to a potential bottom. Regardless they are are hard to bu into real time. But if it appears a bottom has possibly been established then I want to buy the next pullback. To identify that, I am hoping my PBOF chart will be useful. It would shows some indications of a bottom, followed by oversold conditions on fast CCI and RSI oscillators. The price ought to be near the bottom of the bollinger band as well. Triple exhaustion and sequential aren't of use generally once the bottom is in. So now we reduce our focus to these oscillators and the bollinger bands (which become a useful short term volatility indicator at this juncture). A corn trade inspired me to do design the PBOF chart. Here is our two corn charts (ZS and CORN) that I published as in idea in Tradingview so that they are fixed in time and not updating. If they update then the chart will lose meaning. So it is static. You just have to pull up a later chart and see how it worked out but this conveys the idea.Longby golddigger460
EU faces pressure to defuse mounting anger as farmers protest aGiven the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex regulations, and objections to bans on pesticides and herbicides mandated by the EU's Green Deal. The farmers are also concerned about the import of beef from countries like Brazil and Argentina, which they argue have laxer rules on animal welfare, making competition difficult. This unrest, originating in France but spreading to neighboring countries, signals a broader issue with unpredictable government decisions affecting agriculture. In the Netherlands and Germany, similar protests have arisen over regulations to cut nitrogen emissions and phase out fuel subsidies, respectively. In Germany, there is also resentment over what is perceived as the unfair application of environmental policies. With protests extending to Poland, Romania, Slovakia, Hungary, and Bulgaria, concerns range from unfair competition from cut-price cereals to high taxes and tight regulations. The impact of droughts, floods, and wildfires, combined with the squeeze from green policies, has fueled discontent. For investors, this could be a pivotal moment to consider commodities such as cereals, soybeans, and copper. The disruptions in European agriculture may create fluctuations in the market, making these commodities potentially attractive for investment. However, it is crucial to monitor developments closely as tensions continue to grow, and the agricultural sector shapes up to be a major issue in the upcoming European Parliament elections in June.Longby Maximus200000
$CORN Bearish to bullish Reversal The narrative around AMEX:CORN is shifting from a bearish to a bullish outlook. The reversal in sentiment suggests that the asset could be entering a new upward trend, departing from its previous bearish trajectory. Investors may want to recalibrate their strategies to capitalize on this evolving market dynamic.Longby AlgoTradeAlert1
CORN vs CRUDE Here's a quick view of CORN vs CRUDE which has been moving together for the past ten years with some variation. With CRUDE pushing highs here (Price Inflation fears rampant) and CORN pushing new lows (Food Deflation - no fears about falling corn prices in the news warning about falling inflation), it seems obvious to put up a chart showing how these two markets are set up at the moment. CORN and CRUDE have moved to an extreme and with CORN pointing lower I am seeing that there is a trade setting up. In the past, I was constructive on CORN and was looking for corn to catch UP to crude oil, but that didn't materialize like it did in the 1970's with a 4-fold advance. The monetary inflation we have had in both cycles would have supported much higher corn prices. However, here we are. Corn has fallen to lows going back more than a year, but the obvious story is that crude oil is making 52-week highs. Side note: You can also see that crude oil is down 7% from 2012 or 11 years ago. This is NOMINALLY as well. Inflation has been substantial for the last 11 years and may be 40% or 50%. Also note that corn is down 45% from 11 years ago "NOMINALLY". After inflation, corn prices are down 60% or more. So, this trade sets up within the near future and you could put both sides on: long corn, short crude. Or you can take sell signals only on all technical setups for crude on the daily chart. I would suggest do a little of both and have 5 different definitions of "technical trend" to follow. The simplest is "sell a 5-day new low" and use a stop over the 5-day high. Stay tuned! Tim West September 20, 2023 11:48AM ESTShortby timwest5521
CORN wedge / triangle coiling for breakout LONGCORN on the daily chart since late June has fallen to the present level with a flat or slowly falling support line. I see this as a falling wedge or a flat bottom triangle slowly setting up a breakout whose upside could be 30% or more. Price had a nice green engulfing bar to finish a down week in the general markets. CORN does not follow the general market. It is following the collapse of the Black Sea grain deal and the increases in the Brazil export levels. Brazil is coming into its growing season now as it is in the southern hemisphere and spring approaches. The chart shows CORN inside the triangle/wedge and is approaching its acute corner. I see this as a long trade setup which I will take. If you want to trade this trade and am curious as to the specifics as I see them, leave a comment. Longby AwesomeAvani331
CORN rises off a pivot LONGCORN, the ETF tracking spot corn and corn futures has ended its down trend on the 15 minute chart. The pivot is not a surprise given the issues related to wheat in the Black Sea shipping with the Ukraine war escalating onto the sea and the grain export deal falling apart. The Price Momentum Oscillator which might be considered a leading indicator is showing bullish divergence.Volatility is steady and without spikes. The bias here is for bullish momentum to more forward with increasing amplitude given the fundamental geopolitical context. I will buy CORN long and may enter a position on the futures markets.Longby AwesomeAvaniUpdated 111
Corn ETV Corn ETV explainations of an ETV is simply a corn ETF(Trust) or something around the lines of a common bond; I would say; money is money; too me; so I will invest....Longby mooncrest-holdings-ltd112
Corn ETF with inside bar signal $CORNThis ETF is the only good looking chart that I found. With today's inside bar, a good risk/reward play would be: Pivot buy at $28 Stop loss at $27 Target sell at $29.80 Lets see what happens. Longby dpuleo192
$CORN FORECASTWhats going up when markets going down pt1 not a supply chain specialist but im pretty sure with drought weather, inflation and rising gas prices SENNA SEASON Longby Bekiumuzi_DubeUpdated 3
CORN , LONG Just entered this. SOYB and WEAT and DBA also looking close to entry time . SOYB , has a signal on the fund but not on the futures and similar look for WEAT so I decided to wait on those . SOYB might be a morning entry if futures opens strong with continuity. CORN entry I see what is potentially a major higher low we put in here ( maybe ) and still a valid stage 2 uptrend. Wedge pop and 50 sma takeback too . Stop 28.60 PT 1 - 29.67 sell 1/4 and up stop to half PT 2 - 30.56 sell 1/4 Balance can be run if we make it that far . Longby NAK1987Updated 222
Corn 3° Entry LongEntry 1 on Failure H&S confirmation on 19 Jan with stop on 18 Jan close Entry 2 on Wedge confirmation on 28 Jan, stopped on 2 Feb Entry 3 on Rectangle confirmation on 7 Feb with stop on 4 Feb Major Target 26.50Longby dan68608Updated 0
Corn: Weekly Rectangle + Wedge + Daily Head & Shouldersthe failed head and shoulders gave an early sign of a bullish breakout of the rectangle another half long position is at 23, which would confirm that the retest inside the wedge is just a hard retest, with continuation up to 26 RR maybe 5by dan686081
Corn Looks Poised To FlyThis CORN Etf is showing signs of accumulation. It will likely continue higher for some time.Longby The_Position_Trader111
<TadeVSA> CORN to break above Reaccumulation SoonSign of Strength in the chart: 1. Green Pentagon with increasing volume 2. Strong Market Stages Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockLong04:19by MartinTFWong1
$CORN weekly Equities took a dive last week from the Covid related catalyst, meanwhile I'm bullish and still green on agriculture and CORN calls. I'm long JAN 23 calls up +17% . I'm looking for a run to $26 in the coming months. Will trim along the way. Stop loss break even. I'm also long DBA calls (agriculture fund).Longby FriscoTrades111
CORNCorn prices looking like they want to move higher after a false breakdown out of the blue triangle. Not surprising giving today's inflation numbers.Longby Essendy0
Corn in an interesting positionUSDA report came out with below expectation for yield and plant acreage for corn & soybean. Lots of volatility coming up with most of the eyes looking at weather. Possible bull pennant on Corn ETV and bull flag on corn cash. Keep your eyes on this one.Longby thedecentHQ1