Corn Futures (Dec 2018)
Updated

DIVERGENCE ON 30MIN CHART FOR CORN

74
POSSIBLY SIGNALING A MARKET RUNNING OUT OF STEAM??
Note
definitely running out of steam...

fundamentals still strong, but tariff talk has commodities feeling shaky.

I think it could head lower on pressured ags and overbot technicals, then the trade will look for new news to determine further direction.

monthly chart still looks good.

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