History Repeats?

The last update on Teucrium tracking fund CORN, was in September, link here.

The chart is recreated below, including price action since then.

Key take-away from that September update, was this:

“With that said, let’s watch to see if there’s a test of what looks to be a nascent reversal; proceed with caution”

In the subsequent months, turns out, that was the exact bottom, for CORN.

The ‘test’ happened this past January (not advice, not a recommendation).

Teucrium Fund CORN, Monthly

We’re only half-way through the month and already, there’s a volume surge.

Last time volume had a similar spike after a long quiet spell, was back in June of 2020; ‘coincidentally’, just before The Derecho, link here.

Stay Tuned

Charts by StockCharts

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