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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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