justaname
Short

CORN DOWNTREND WILL CONTINUE, BUT IT WILL END IF WATER SHORTAGE

CBOT:ZC1!   CORN FUTURES - ECBT
64 0 0
Both corn             and wheat             downtrend will continue.

Since Dollar is very strong, agriculture is flourishing, oil             is cheap, and is going to get cheaper, Corn             and Wheat             prices will go lower. There's no shortage of food, and it will continue to be like that in the next period.

Unless something bad happens this summer, in terms of weather, Prices will go lower.

The other possibility of this going higher is due to lack of water in some regions, like California:
http://www.zerohedge.com/news/2015-05-23/unprecedented-move-california-farmers-guaranteed-rights-cut-water-use-25
http://www.zerohedge.com/news/2015-05-13/water-wars-officially-begin-california

Lack of water around the world could be possible due to more factors, but I will start with this:
http://www.zerohedge.com/news/2015-05-24/lake-mead-water-level-mysteriously-plunges-after-nevada-quake
http://www.zerohedge.com/news/2015-03-16/california-turning-back-desert-and-there-are-no-contingency-plans
http://www.zerohedge.com/news/2015-05-14/greatest-water-crisis-history-united-states
http://www.zerohedge.com/news/2014-06-30/las-vegas-screwed-water-situation-bad-you-can-imagine
http://www.zerohedge.com/news/2015-05-06/california-adopts-unprecedented-restrictions-water-use-drought-worsens

Also, glaciers forming more in asia, it has to do with water retreating, possible global freezing, instead of global warming:
http://www.livescience.com/48256-asia-karakoram-glaciers-stability.html
http://www.globalresearch.ca/global-cooling-is-here/10783
http://www.globalclimatescam.com/category/global-cooling/
http://www.thelongview.com.au/documents/RAPID-GLOBAL-COOLING-FORECAST-IN-2017-Kevin-Long.pdf
http://dailycaller.com/2015/03/03/paper-global-warming-more-like-global-cooling/
https://nextgrandminimum.wordpress.com/2014/12/15/mini-ice-age-2015-2035-top-scientists-predict-global-cooling-2015-2050/
http://iceagenow.info/2014/12/video-30-top-scientists-predict-global-cooling-2015-2050/

Also, there appears to be water barons buying all water:
http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalwater42.htm
http://www.blacklistednews.com/The_New_%E2%80%9CWater_Barons%E2%80%9D%3A_Wall_Street_Mega-Banks_are_Buying_up_the_World%E2%80%99s_Water__/43371/0/38/38/Y/M.html
http://www.zerohedge.com/news/2014-04-23/60-chinas-water-too-polluted-drink

Also, why is global warming a pseudoscience:
http://www.bibliotecapleyades.net/ciencia/ciencia_globalwarmingpseudo.htm

So this means, short now commodities while you still can, and watch out for lower production in the coming years because of lack of water around the world that can trigger lack of food and so, rising prices in all commodities .
If on 1 month chart, highest high for corn             is near 850, it can go in the future to 1600, 2000 or more, but that likely in 2 years or more, and that if farmers won't get water.

Short, short term, Long, long term.
Breaking the wedge indicates potential short target of 340, and longer target to 320.
Breaking above 50 day EMA at 370 indicates possible long, and getting out of the wedge and breaking 200 day EMA at 385 indicates longs to unknown             potential.

That is all.



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