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Corn nearing weekly key reversal
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Mr.Grain
Posted 2/28/2024 21:02 (#10644480)
Subject: Corn nearing weekly key reversal


Corn is 6 cents away from a key weekly reversal

A close above $4.34 on May is what bulls need to see to confirm a bottom

We took out last weeks lows, now need to take out last weeks highs

If happens, could cause short covering to snowball into some higher prices

(Below is weekly chart. Every bar represents a week)



(Screen Shot 2024-02-28 at 3.28.37 PM (full).jpg)



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