BullBear Trading: Stock and Financial Market Technical Analysis

Steven Vincent's Blog – December 2012 Archive (1)

A Technical Look at Grains

What are the long term prospects for Corn and the grains complex?  Without knowing anything about the current fundamentals of the market, my take is neutral to bearish.

The monthly chart of Corn is showing a series of RSI divergences and a rising wedge pattern:

I wouldn't consider the current chart to be a good setup from either side of the market.  An upside…


Added by Steven Vincent on December 19, 2012 at 4:30pm — No Comments

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