Technically Speaking
Darin Newsom DTN Senior Analyst

Tuesday 05/28/13

Dec Corn's Bullish Gap
The new-crop December corn contract has stolen center stage as summer unofficially begins.[Read Full Blog Post]
Posted at 8:41AM CDT 05/28/13 by Darin Newsom | Post a Comment
Comments (1)
The December corn chart has an "island bottom" formation. This occurs when a group of trading days has gaps on both sides of it. It is rare to see this kind of pattern anymore because of the almost 24 hour trading the price movements are smoothed out. This is a very bullish pattern and it points to much higher prices. Looks to me like you need to buy any set backs in price. m florez
Posted by mike florez at 8:26AM CDT 05/30/13
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