timwest

Corn -Dec 2014 -ZCZ2014 -Reached Time-At-Mode Target

CBOT:ZCZ2014   Corn Futures (Dec 2014)
Glaz & Chris Moody's GANN SWING trend hung in there on this uptrend and pushed through the 20-days of overhead supply at the 370 level like it was barely a threat. Normally it takes a few tries and more than a few days to push through an old level of resistance like that. The "Time at Mode" Box projected or allowed for a rally to the 375 level and it has made it today with the move up over 380.

The 370 level should be support on the way back down on setbacks. Let's see if another range can build up here with 8 or 9 days which can set up a rally to even higher levels.

Tim 8:53AM EST 10/30/2014

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