Wednesday, March 17, 2021

LSK21 Lumber May '21

 


Is this the top in lumber? Looks like a double top has formed and price is now below the short term 10 sma, RSI has crossed below 50 and the ADX peaked about 2 weeks ago. Watch out.

ZCK21 Corn May '21

Corn has bounced off the upward sloping 50 sma and now trading above the 10 sma, the RSI is above 50 so everything is bullish now.



 

Natural Gas Daily Sentiment

 


Daily Sentiment for Natural Gas is very low at 16, previously at 6. Is it oversold?