Remko

CBoT corn long play around the corner

CBOT:ZCZ2016   CORN FUTURES - ECBT
33 0 2
Corn:
Price is following our preferred path rather well and the decline is now very major. The reversal is imminent. It could be that the bottom has been on the chart last week at 329 but a bit of overshoot to the 320 level is possible as well. We stay tuned for a long play entry which will probably be offered to us during the coming week or week ahead and with a 30% rally towards the end of the year.
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