Near Term Trend: Neutral
Fridays Close: 3716 (- 13)
UPDATE: Our opinion has been to only buy on strength, above 3784. A week ago Corn settled exactly at 3784. Based on that in our last report we identified that as a push. Therefore we stated, only for aggressive traders you could buy on Mondays opening. If you did in fact buy on the opening last Monday, you were long from 3744. Subsequently Corn continued to rally up to 4016 on Thursday, but reversed sharply to end the week at 3714. If you are long from 3744, and did not raise your stop to above breakeven or take profits
.. then entering this week, place your stop at 3702 daily close only.