Posted 1/25/2012 14:01 (#2185250 - in reply to #2184982) Subject: Re: Chart - Corn
As long as basis remains tight and bull spreads work the market should continue higher and breaks should be well supported. Soybean bull spreads have been weaker the last three days and western soybean basis has started to widen. I agree with H&S bottom in corn. Neckline needs to be broken and Jan highs taken out if we are to continue higher.
Chart - Corn
