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414 1/2 Gap in corn filled today
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tex
Posted 12/18/2014 19:06 (#4249620)
Subject: 414 1/2 Gap in corn filled today


Well the gap between 414.5 and 410.5 dec corn left between the trading days of 7-3-14 and 7-7-14 was filled today by March corn at an intraday hjgh of 4.14. That is about as close as you can get to filling a gap. I stated back in july that that gap would be filled at some point. I as well as most people gave up hope of the gap being filled as dec made lows of 318 3/4. Little did we know March corn marched up faster than a north korean soldier to fill the gap today. About as weird as the oil market falling apart. I wonder if this was just a technical buying spree in a longterm downtrending market. The jan report will be followed by volitile trading . This will be interesting to see ifthe corn market really has legs into mid january.
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