Grains market is interesting right now. DBA, agriculture etf, broke out of daily cloud and I am looking at corn here.
Weekly:
-Bearish Ichimoku
-But you can make a case of double bottom with rsi and ha osc divergence
-Prices trying to get over TS, for move to KS first as it is first hurdle.
Daily:
-Weak TS and KS cross and prices currently at cloud and 100 wma
-HA osc is above 0
-Break of cloud should bring acceleration for move up.
Sugar already broke out. So corn and wheat are getting interesting now.. My bias is bullish here.
Weekly:
-Bearish Ichimoku
-But you can make a case of double bottom with rsi and ha osc divergence
-Prices trying to get over TS, for move to KS first as it is first hurdle.
Daily:
-Weak TS and KS cross and prices currently at cloud and 100 wma
-HA osc is above 0
-Break of cloud should bring acceleration for move up.
Sugar already broke out. So corn and wheat are getting interesting now.. My bias is bullish here.
