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Is December corn breaking out
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ehoff
Posted 4/29/2026 05:57 (#11631931 - in reply to #11631741)
Subject: RE: Is December corn breaking out


Central Missouri
If you look at the dec corn chart the range since it came on the board has been 74 cents. That is abnormally narrow with odds saying it will widen to around 1.40. The buy stops from all the recent spec shorts are sitting at around 5 dollars those are the target currently. At minimum i would follow the macd which just recently crossed higher and woukd wait and see how corn handles the median line or wait until the macd looks to cross lower.

That is just how i look at it and it may not be correct or appropriate for others risk tolerance or fit into their business risk management needs.

The last chart is just one i find intrigueing.

Edited by ehoff 4/29/2026 06:02




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Attachments
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Attachments DB32B826-9D6C-4D00-BE73-9814903A83F5 (full).jpeg (134KB - 18 downloads)
Attachments FF5F7E88-218D-4320-95F6-C678232009D3 (full).jpeg (89KB - 16 downloads)
Attachments 392089A6-0A43-4531-AAC2-87CEE5FD422F (full).jpeg (123KB - 13 downloads)
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