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December corn question?
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djmcountryboy
Posted 9/24/2010 21:09 (#1372959 - in reply to #1372941)
Subject: RE: You need'n a trip to the closet countryboy? lol (nt)


Mascoutah, Illinois
I believe we are going higher, but it kind of felt like a blowoff top for the time being. I am leaning towards temporary resistance.

Nobody is mentioning the dollar and its "snowballing" slide over the past weeks. How much has the weakened dollar added to this 50% move higher off of the June lows in corn? The CRB Index is at the cusp of its all time high set in 2008.
Will the CRB Index put in a double top?

Questions to ponder while trying to be a realist and fighting the "black boxes" which do a magnitude of trading in today's world.
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