| JC STONE - 8/5/2025 10:32
So what are the odds Dec corn hits 3.25. Possibility yes , probability maybe. "Everyone " is getting convinced we will trade it.
I remain skeptical. I believe a lot of things are controlled by a higher power, doubtful the price if corn is. Too much free will in the market participants.
Hi JC,
I guess I only know of one other person that has been thinking thats a possibility. But I don't read anyone elses stuff, so it could be out there and I wouldn't know it. Andrews line have probabilities of 80%+/-. I haven't done the work to get the exact number but a swing that price lacked the energy to confirm and do its job and returning back to the base of failure - is a higher pct than Andrews lines. Its not 100% but its awful high. If you are an enduser- a test of those levels is a gift to buy as much as you can for as long as you got a stomach to hold it. I would wager the whale that was the buyer in 2020 at 3.20 - will be.
Take car |
Brace for impact....
