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Smithfield in Sioux falls
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ehoff
Posted 3/29/2020 12:05 (#8148867 - in reply to #8148803)
Subject: RE: Smithfield in Sioux falls


Central Missouri
What I recall century saying about corn is first way back when risk was way less he said until corn goes over the first week of Jan highs it will be a bear market.

he said that mar 30 was an important time.

He posted this chart

https://talk.newagtalk.com/forums/get-attachment.asp?attachmentid=66...

Until the recent lows on that chart are taken out he is in a good place.

If you look at the continuous corn chart below this market could take a quick drop to 3.28 or so and century could still be correct. His mar 30 date could just be the middle of the bottoming process. If corn would go to 3.28 quickly the rsi would probably post a higher low and the macd index would have time to react. Most producers with grain left to sell would be demoralized and the market set up would be a possible great buy with low risk. Look forward to the what if’s both positive and negative and learn to consider that you are 100% wrong and the consequences of it.

Edited by ehoff 3/29/2020 12:22




(9C950DC8-87FC-4671-B2B9-0338E433B88D (full).jpeg)



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