Corn ETF: Trapped in Congestion *PIC*

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The ETF:CORN after its breakaway gap yesterday off its breakout point had another gap up and bumped up against resistance within this tight congestion price zone of $40 to $41.60. Price could remain in this zone for some time. Only a break above or below these price pts will suggest direction. Until then its wait and see time. As well Seasonal trends in all time frames show the Grains are bearish from June well into September.

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Corn ETF: Trapped in Congestion *PIC*

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