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Seasonally Speaking
By:Rick R. (vendor - profitmaxtrading.com)
Date: Wednesday, 17 November 2004, 3:44 am

The COT for Corn is obviously at extremes once again. However, although this is the case for most of the past year, it isn't nearly as extreme as it was back last March.

Seasonally, Dec Corn is usually bullish the first week of November thereabouts before returning bearish. Mar Corn starts to become bullish usually near the end of December and into January.

So on that note, be mindful of the extremes and seasonality of this market along with breakout points above resistance. It never helps to guess bottoms in a bear trend.

cheers!
:)
Rick J. Ratchford

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