I've been long for two weeks, and long term I still think corn px
has good chance for a big rally, but we have arrived to first serious px
resistence. I expect some pull back here, in line with correction of other agri
products. However stay focused, as it seems corn
have already pointed out its long term direction, so a pull back to Kijun or to the Kumo, might give a nice opportunity to enter longs (value ard
430-435). Sooner or later it will blow up I think, but futures
curve structure and sentiment datas don't show yet the market has a real belief in it. This is good, as then hopefully we still have time and chance to bid, before the mass realises the bull run.