Corn’s late plantings has bulls taking control, but for how long?

Market Pulse for April 30


On the daily chart below we see ADX at 26.3 and dropping and today’s price action has DI+ crossing up over DI-. Now watch for an increasing DI Differential. Today’s price action added divergence to MACD and pulled Stochastics from oversold territory.

Click to enlarge.

Have a prosperous trading week.

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