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Frytown, Iowa | We have one more leg up in corn. Similar to height as past 2 run ups before and after the report. Elliot wave theory states of the first move is violent then the last will be slower. But if first is slow run up the last will be violent.
Looks like we have a leg that will move slower up with large bars up and down creating sell fear. Should be another 30ish cents left in the move lasting a couple weeks yet... Hopefully that's the case
If that happens I will be moving a lot of (my) grain (I don't have a lot) this year and next into sold positions | |
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They turned the corn green on the close
