Corn had an exciting day after the report as it slid some 20 plus cents to hit my target of 425 and hold there for the close. I can now count 5 wave lower and a possible reversal in the making as there are only several scenarios for wave 5 and we can scrap two of them as of this post. The daily chart below will show the labeling and what I will be watching for. I'm looking for the reversal though.We will see what comes about .
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