Corn Looks Like It’s Flagging Nicely

A breakdown below this flag (or pennant as some might call it) would signal to us that some further consolidation is necessary here and Corn is not quite ready for the next leg higher. I believe this is the lower probability outcome, but keeping an open mind to all possibilities is very important. I think the false breakdown to start the year is the catalyst necessary to keep this uptrend going.  (more)

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