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TFC Commodity Trading Forum

Corn *PIC*

The breach of the Big Mama uptrend line makes it an official major change of trend in my book. Good call Roger, very good. I hope some of you caught at least a piece of the move down from upper trendline to lower trendline, that move was classic old school Basic Trendline Trading 101. If you missed getting aboard that train when it left the station it is too late, you've missed the meat in the middle of wave 1, and must wait for wave 2 to setup and mature for a wave 3 down. It could a week or more for the next leg down to setup.