Re: Corn *PIC*

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Re: Corn *PIC*

In Response To: Re: Corn *PIC* ()

Made a new low yesterday, which makes it only two trading sessions down qualifying as still just a reaction. The close up may suggest that there is a pause right now even if briefly.

Price has not broken below the intraday crash point of 489 suggesting this in not yet a panic sell-off type move. We did close below the previous session's intraday crash mode support at 5.50 settling at 5.34'4 which alerted us to a further decline was likely going into the instant session. The intraday crash mode support for this current session will be 4.99'6 There is a secondary intraday crash mode point @ 4.06'6

Sp!ke

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