This Agricultural ETF Is Flashing Upside

Published 07/25/2016, 10:35 AM
Updated 05/14/2017, 06:45 AM
CORN
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Teucrium Corn (NYSE:CORN) is the ETF that tracks the commodity corn. It hit my radar on Friday when its oversold chart put in a reversal signal known as a 'bottoming tail'. Bottoming tails are candles that can be important as they often occur at multi-month lows. And that's exactly what's happening with CORN. Indeed, when this occurs, the odds heavily favor a move to the upside.

Note the chart below. Upside is likely to $21.50 in the next month or two.
Daily Corn

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