Casey IL. ( I -70 ) then south on rt.49 | The old saying is [ Triple tops are made to be broken ]If this is or was a triple top then it should back off and before the end of year [ not immediately ] come back and I think go on up a percentage of the run that it just came from.
I say by my charts that we are still in a down trend from August 5, at 3.99 have to close above that to change trend. But I am sure this will not be agreeable to a lot of you.
One thing ask your self if they need corn why? and then ask your self why is the basis so wide. This should tell you the direction the price is headed. |