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TFC Commodity Trading Forum

Re: May Corn/Break Down Continues/Trades
In Response To: (Message Deleted by Poster) ()

Hi Trades,
Thanks for chart update !!

Was about to do a Corn post ...

Shorted emini Corn last night before Europe open at 661.5.

Chickened out on the bounce after this mornings open at 10.30 est. Closed at 647.

When it bounced up like it did I had no stomach to sit through a "limit up" if that was in the cards !!!!

As you can see, it's back to "limit down", popping up a point or 2 as it appears folks are closing some shorts every now and then ???

Will see what tonight brings on the open. Assuming 640 holds it may be safe to short it again if it continues down tonight. Don't think much chance of a fast "limit up" in the evening/overnight trade.

Was about to put some comments to your Bradley post.
Thanks, Lee

Messages In This Thread

Re: May Corn/Break Down Continues/Trades