CORN/USD Bounce Rapidly

in #chart5 years ago

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After Golden Cross happening, Corn's price action came out very bullish but I expect a retracement into +- 4 $ or emas line before it will continue it's test the resistance 4.28 again..

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Indicator looks bullish, volume is rising rapidly.
DMI : +DMI is rising and -DMI is dropping hard creating a huge range between them, bullish also DMX is rising too.. bullish momentum is increasing

Macd : buy histogram is higher than the previous high.. bullish sign so far.

Volume MA is rising

please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.

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