Corn has been on a rip lately. Today we have a nice pullback. If CORN cant hold the $15.79 level I expect to see somewhere around $15.00. Due to a confluence of support with the current upwards trendline, the horizontal support from the past and the 50 day simple moving average all being in the same area I will look to lean in off the bounce (if it happens).
Will we confirm the breakdown or is this just a fake out? I'm long term bullish on BTC so if we make it to the low target I think it will take-off like a rocket!