TK0421

Bearish rising wedge on CORN after the extended run

ショート
TK0421 アップデート済   
AMEX:CORN   Teucrium Corn Fund ETV
On the daily time frame of CORN, there is a nice looking bearish rising wedge. It has been a quite a run and now it has gone up too quickly. RSI is reading extreme over bought. PPO is poised to make a bearish high level cross over. Also, when it falls back into the price channel, it will be very bearish as it will be a bull trap. I entered long $11.60 range so it's time to take profit and reversing to short. Long term bullish but short term bearish.
コメント:
Shooting over the top of the wedge and coming right back down. Perfectly landed on top of the trading channel and horizontal support level and bouncing so far. Bullish if there is a follow through.
免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。