Al here, checking in with this week’s first update on what the team and I will be watching in the days to come:
Watch the daily December Corn chart. After two inside days, now a close below Wednesday’s low at $3.63 will project prices down to $3.58 or to $3.52. A close above $3.66 ½ will confirm a short term low and can rally prices back to $3.78 to $3.80.
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