Near Term Trend: Neutral / Bullish
Fridays Close: 384 2/8 (+ 4 6/8)
UPDATE: Last week, I suggested buying corn on a drop to 377 6/8 with a target of 395 and stops in on any close below 377.
Corn barely managed to hold up above 377 support and start to rally. Im now looking for run up to 390 - 392 4/8 before another dip should occur.
Take profits on corn longs at 390 2/8 and look to short corn at 392 4/8 with downside target of 379.