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Re: May Corn/Expect a Strong Move Soon/Trades

Hi Trades,
Thanks for the chart/comments - others as well.

Was looking at Corn about when you posted this and the 20ema.

On a 30day daily the bars really stand out relative to the 20ema.

Looks like it will close below the 20 today though.

When it started up noon or so I did a long 682 to 685 and got out right when it turned !!! Now down to 680.25 for the close.

Looking at short term chart looks like healthy support right around 679/80.

So, looks like it's not ready to do much yet beyond closing below the 20ema today.

Will be interesting to see if it bounces here or continues on down when it opens tonight ???

Dx seems to be struggling to move up a bit. Ignoring all else I would think that would tend to push Corn down.

Thanks, Lee

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Re: May Corn/Expect a Strong Move Soon/Trades