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Corn
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wodenmike
Posted 1/28/2021 14:32 (#8789504 - in reply to #8789451)
Subject: RE: Corn


NC Iowa
Spikes - 1/28/2021 13:59

For sure this is really bullish, my trade all stems from the lines, if it can't make it over the next line and close above it, then I short...we have yet to correct so I will wait to see if the line gets touched or look for the breach of today's bar to try and short that. Just before the 4.30 area will be the area to look for the continuation of the bull move. The last cycle was a high in Dec. 20...the next event is in March, so I'm thinking that if it were come down now it would set up the turn in march for a cycle low.

I definitely could be wrong on my thinking. 
.
Sp!ke  



Spikes. IYHO. Just based off your chart you posted you think March corn will retest a 4.30ish low then turn back higher for planting and weather problems? I appreciate your charts and posts. Thanks
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