Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 25, 2013 11:41:28

Maize prices could fall



ColosseumThe May corn contract, which is traded on the stock exchange Chicago Board Of Trade (CBOT) could head down. On the daily chart we can see a large triangle formation. Currently, the contract price is at the top of the triangle resistance. It is also possible to see that market through the formation Svicova engulfing reflected from this boundary downwards and therefore we expect a possible decrease in the price of 690 USD per bushel. Graph: Daily chart maize prices unadjusted effect of scrolling TO THIS MESSAGE MAY APPLY Decree No. 114/2006 Coll., On the fair presentation of investment recommendations. IN THIS REPORT IS THE PERSON STATED THAT THIS MESSAGE TO COMPANY ESTABLISHED OR PREPARED. ADMINISTRATIVE OFFICE THAT UNDERTAKEN BY OVER SURVEILLANCE, THE CZECH NATIONAL BANK. ACCORDING TO THINK THERE ARE CIRCUMSTANCES, which could impair OBJECTIVITY THIS REPORT.Remuneration to persons who participated in the creation of this report is NOT DERIVED FROM TRADES COMPANY. Potential conflicts of interest in relation to this report is regulated by internal regulations. PAST RESULTS ARE NOT ANY WARRANTY PERIOD FOR FUTURE DEVELOPMENT. TRADING NAand # 160; FINANCIAL MARKETS IS RISK. NOT EXCLUDE THE POSSIBILITY OF LOSS AND EVERY TRADE is associated with certain risks. BEFORE YOU DECIDE TO INVEST, POUČENÍand READ # 160; OANDA # 160; RISKS.

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