NEWS
Darin Newsom DTN Senior Analyst
Sat Mar 2, 2013 09:52 AM CST

Lots to Talk About in May Corn

Watching the corn market develop this past week, I saw that the more active May contract was in the process of establishing a bullish reversal on its weekly chart. Sure enough, as soon as the market closed, colleague Elaine Kub tweeted that yes, such a signal had been put in place.

What is a bullish reversal? On the weekly chart, it occurs when a contract trades below its previous week low, above its previous week high, and closes higher for the week. In regards to the last characteristic, some analysts argue that the ...

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