Category: Agriculture


Corn is trading in a channel between 791 and 604.

733 was the entry price down to 668.
trade pressures are fully extended down. time pressures are down until 10/17.

a move up thru 732 should restart the move up. [watch 717 on the hourly time frame. ]



long term is in a move up to 785.
and the time pressures are down until 10/28. the trade pressures are turning down.

the Daily trade is long to 811. Both the time and trade pressures are down into early  October.

a move down thru 742 starts a correction down to 688.