Today March Corn moved as low as 687 but found support and moved back up to test 694 again. Basically the time window for 671 objective expired today at 7:30 pm but there's an other time window for saturday. Since the market is close on Saturday, it could be Friday or Monday. But, if March corn was to move above 701 and find support there, then the second time window will be void and I will be looking for a buying set-up above the daily trend line.- . Maybe the brokers that posted here few days ago and told us they were buyers at what they thought the low to be 720 or even lower at 717, (now corn is at 696) if they still holding those contracts, maybe luck could be on their side and March corn could go their way and they can cut their losses, heck maybe become a profitable trade after all, but it's a lot of money to be holding them contracts at a loss right now..........lets pray that things turn out to be good for the good of all.
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positive attitude causes a chain reaction of positive thoughts, events and outcomes. It is a catalyst and it sparks extraordinary results. .-. Wade Boggs --
Wade Anthony Boggs (born June 15, 1958) is an American former professional baseball third baseman. .Boggs was elected to the Red Sox Hall of Fame in 2004 and the Baseball Hall of Fame in 2005.