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Someone mentioned a possible bottom in Corn around June 14.
In the enclosed gif from a weekly Gann Chart of July Corn we find quite a
few Dynamic cycle relationships.
Furthermore in Frank Taucher's Supertrader's Almanac (Reference Manual) we
find that rulers of Corn are:
SUN, MERCURY, URANUS and TAURUS
On the 9th Venus is Square URANUS
We have a Full Moon, Often seen together with change in trend in grains
Saturn enters TAURUS (se below)
On the 10th
SUN Conjuncts MERCURY
Mars (action) Trine URANUS
Norman Winski in his Astro-Trend 1997-98 "Forecast & Trading Manual"
concludes (spamming for you Norman <g>), that when SATURN enters the sign
of TAURUS we can expect among other things a change in trend in Corn.
Price wise we seem to just have broken a support from July 7, but it could
be a "fooler" and foolers are usually healthy for the movement in the
oposite direction...
Regards
Stig
Attachment Converted: "c:\eudora\attach\CornTime.gif"
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