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ecpa | update to my last posting at- http://talk.newagtalk.com/forums/thread-view.asp?tid=609501&mid=508... hope that works.
corn is making a retracement after completing a 5 wave advance. So far the retrace has closed the gap at 363.50, strike one against much higher prices. Right now we sit midway between 38% and 50% retracement at 362.25, so my guess there is we go lower. Low target for this retrace would be the wave one high at 356 which would be the 78% retracement. IF we rebound off that area I will be a bull looking for above $4 somewhere around planting or a bit after. If 356 fails ??
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CH16 update
