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SE ND | I haven't really looked at the corn chart much as I expect we continue lower a bit yet. Last time I looked, I continue to see price grind lower to the last unconfirmed pivot. While a new large C (below 312) would "clean-up" the chart, I think we make a HL around 330-335. From a formational standpoint, it would really bring things together were it to find buyers there again. The frequency projected long ago is still influencing price. That same frequency has and continues to project a loftier target. The good news, even for as long as it has taken to complete this large formation, this target is diminished very little with the passage of time. | |
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Nodakfarmer, corn
