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March Corn/Continues to Coil *PIC*

March Corn continues to hover in an extremely tight price pattern. Price crossed back into its multi month channel above 716 again but is being contained by the 5 month downtrendline and price resistance of 736. This has created an extremely tight range that price tends to explode out of. This is a good example of a market that is ideal for buying an Option Strangle on. Why bet on direction with 'stories' abound when a cheap OTM Option Strangle will cover both sides. As usual draw your own conclusions.............................

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March Corn/Continues to Coil *PIC*
Re: March Corn/Continues to Coil