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I worked on Wall Street as a Systems developer and Money Manager. I run a private equity fund as a hired gun. I currently work with a broad base of private funds. I am very selective in whom I except as a client. My services are normally not open to the general public due to the secure nature of... More
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  • CORN - TEUCRIUM CORN FD ETF 0 comments
    Aug 15, 2011 8:15 AM | about stocks: CORN
    8/15/2011 - CORN - TEUCRIUM CORN FD ETF

    Review of $1$ CORN - TEUCRIUM CORN FD (CORN.K)
    as of Friday, August 12, 2011

    Today's Price Action

    Change   -0.0140 (-0.03%) prices closed lower than they opened. with weak Bids going into the close. 

    PulseScan Swing Vix

    PulseScan:      5.48
    Swing Vix:      5.19

    The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    0 period(s) ago.This means that positive momentum has entered the market. Expect sideways to higher prices within the next 3-5 days The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
    A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  

    *The last signal was a Over-Bought Sell 17 period(s) Ago.
    The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      *Since the last Swing Vix signal, $1$ CORN - TEUCRIUM CORN FD's price has been unchanged, and has ranged from a high of  47.66 to a low of  46.89.


         MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation.

            TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term top. This means that the bulls are liquidating long positions thus taking some profit off the table.,,BULLISH MOMENTUM,

    The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. -    36.28
    The close is currently Above it's Long Term TRENDLINE RETRACEMENT. -    39.88

    RESISTANCE    47.70 -  GO LONG here    48.04 place stoploss here    46.50

    SUPPORT    46.85 - GO SHORT here    46.50 - place stoploss here    48.04 

    PulseWave BreakOut RESISTANCE -    48.90- GO LONG here    48.90 place stoploss here    46.50

    PulseWave BreakOut SUPPORT -    44.20-  

    BULL MARKET UPTREND - (12-18mo) PRICE TARGET =    73.75
    Long term Trend Line resistance is currently at -    48.77
    Long term Trend Line support is currently at -    36.28

    On 8/12/2011, $1$ CORN - TEUCRIUM CORN FD closed   
    below the upper band by 12.7%.
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