Dominate Your Market
by Jim Wyckoff
The corn futures market has been trending lower since late spring. The bears are in firm technical command and have gained fresh power recently, to suggest more downside price action in the near term. There’s an old saying in the grain markets: “Corn is king.” If corn prices continue to trend sideways to lower, gains in wheat will be limited, and soybeans will also be pulled down. Stay tuned!
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