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TFC Commodity Trading Forum

Dec CORN.Pullback to the Breakout "TEST" point *PIC*

Dec Corn broke out and followed through to the upside. Price has now pulled back to the June high breakout pt "TEST" point of 7.20 like most of the previous pullbacks. This 'area' must hold and turn back up now to keep the rally intact. The previous breakout was weak and brief and collapsed and pulled back to the old low and failed as well instead of having a successful higher low. This 720 is the critical test point to watch.