CORN. Close at 40.49. Bullish flag has failed, small consolidation near lower edge of trading range has broken to the downside. Outlook: bearish.
IEF. Close at 104.79. In 3-week consolidation between 103.50 and 105. Larger range between 101 and 106. Outlook: bullish.
KO. Close at 66.62. Bullish triangle failure started today. Outlook: bearish.
UUP. Close at 22.07. Bullish island reversal one month ago. Two failed faded bullish gaps (double-negative means positive) in last three weeks. Outlook: bullish.
XLP. Close at 30.97. Same comments as KO.
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