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| Funds all time record net long(bullish until its not, then its very very bearish). Sure we could easily go up to the highs one more time. I suggest pulling up a monthly zcz21 chart with Bollinger bands and you'll see there is risk to $2.
So get long here reward of maybe 2.00 higher and 4.50 risk lower. Not a good risk reward.
Then again ill admit i did not see 5.00 corn coming, or 6 or 7. I now see why it did what it did. No one thought possible.
How many think $2 possible? Gaps at 2.00 and 2.33. Both fill in my opinion.
After that, we go much higher...never before seen highs.
Edited by GOMSK 5/15/2021 11:34
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Cz21 and cz22
