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| If price has its ducks in a row , corn could go to 5 bucks. Notice I said if and so did JP. Also note that JP didn't know 3.35 would hold until after the fact. Not finding fault as no one can predict price even if price knows.
We now know that 3.35 held and reversed from there, what else do we know? Price may need to do a little discovery before we head higher. Nothing right now from what I can see says corn will go to 5 bucks. Not saying it won't I just think there is more work to be done.
The weekly MACD is still down. If / when she flips that will he my first cue!
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JP
