ADM Strategy

5 nov 2022

Clear signs of a inverse head and shoulders pattern. Low angle neckline feature, signals a weaker bullish trend. Additional patterns of 2 bars of indecision putting a halt on the previous bullish push, followed by a "Dark Cloud Cover" candlestick pattern. if ADM closes in red for the following day, we would expect a bearish trend to support. On either event, good gains could be made for a long or short position.