hopscotch

March 2017 Corn Up but heavy resistance follows

Long
CBOT:ZCH2017   Corn Futures (Mar 2017)
Corn continues uptrend but will be met with downtrend resistance at next flight. If broken through will be met with resistance at 370. Double top reversal may occur and create choppy conditions. If it can break through both areas might see Butterfly completion to 402'6. There is a lot of corn on the market, so this would be a challenge for the bulls.

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