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If this breakout is for real...
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djmcountryboy
Posted 7/8/2010 14:56 (#1265358)
Subject: If this breakout is for real...


Mascoutah, Illinois
If this breakout is for real after today's action, I am willing to offer up some new price targets based upon today's close. We broke the downtrend line in corn today and closed above it (EXTREMELY BULLISH SETUP). Let's see if we can hold it on Friday as we head into the weekend. If we hold tomorrow, here are the near term target prices I believe are attainable.

December 2010 corn: $4.29
November 2010 soybeans: $10.27

Edited by djmcountryboy 7/8/2010 15:01
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