Thursday, June 19, 2014

The big corn bottom… are we there yet?


Haven't posted on corn in a bit so here it is.
Looks as if corn could turn higher in the coming weeks and trade into a w4 and a possible truncated w5 down. Either way I believe a significant bottom maybe close at hand after almost hitting my 336.0 number on 6/17 as I stated in my last post. Updated market count on dec and march corn are available via email. 

Positions: Still holding long in dec and most likely will add in mrch.

Good trading

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