A Rounding Bottom Takes Shape for CORN
The Corn Trust ETF (CORN) sports a rounding bottom and breakout over the last few months. The rounding bottom extends from mid November to the end of February with a big bullish engulfing in the middle. The breakout is still a work in progress as CORN stalls with a flat flag the last two weeks. A break above flag resistance would signal a continuation higher, while a break below support would question the rounding bottom.

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