I'm already out of my corn warrant with a nice profit. Please note, CWA are bullish for the longer term. My personal opinion is corn will rally in the mid year like its has for the past few years.
I got this report from tricom commodities.
The momentum of the current upwards move in Corn seems to be slowing. There is divergence on the 5, 35 Oscillator and we have had a close outside the 6, 4 moving average channels and this suggests that the impulsive move is over. (please note, caution must be exercised because the oversold signal on the stochastics is negated by the false bar) RECOMMENDATION Aggressive Trade
Sell Corn at 222 on stop; set initial stops at 228.
