Hi Trades,
Thanks but I may not have been clear enough.
This is the point I was referring to:
But with price falling to the next support level at 608 which is also a Fib 38.2% retracement this gave much stronger support to this support point with Stochastics back under 20 and curling up again showing an oversold market.
You have no arrow to it on chart. The first 5 all emanate from the same point as you drew it. The other 2 to the upper right are pointing to the break down points.
I assume the arrow pointing to the 672 level is what you are calling #6 in this post.
I was referring to the 608 level.
I have to go back and read this post again. The last half for sure I want to be sure I am clear on. I didn't want it to be too long before getting back to you.
Corn just broke above 673 !!! I don't think I have ever seen this much movement during the evening hours and we are not even close to Europe yet !!!!!!!
Thanks, Lee