Corn: Failure To Hold Above 346 Will Frustrate Bulls
Jason Sen | Oct 14, 2016 07:18AM ET
Corn holding above 347 is more positive now with target 350 hit. Today we look for 353/354 then 359/360. Note we must close the week above 347 for a positive outlook next week.
Failure to hold above 346 will be frustrating for bulls and risks a slide to good support at 342/341. On further losses look for strong support at 337/336. Longs need stops below 334. A break lower is a sell signal and targets 332/331 and 328/327 before the late September low of 325.
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