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March corn
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Spikes
Posted 1/8/2024 12:19 (#10563296 - in reply to #10563278)
Subject: RE: March corn


Breaking the 451 intraday starts the opening of the door for a further decline for the next session...closing above it suggests that the bleeding is subsiding on this downtrend, closing below pretty much opens the door for a further decline in the next session.

Closing below the Bearish Reversal is also bearish and opens the possibility of the next lower reversal to be tested.

 

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