CORN Too much supply

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The most recent report from corn             indicated that farmers planted large quantities of corn             , thus drove the price of corn             down. At the moment we have a descending channel and a death cross on this stock. I expect to go much lower to around 35.66. My strategy is simple, as the stock makes lower highs I will put stop loss until reaches my target. Source
Amazing how price movement continues to be near the channel.
This guys agrees as well:
Most people are bearish on commodities.
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