Top Tweets for #spotcorn
#spotcorn #cu6 #corninthebin. We sit at the "half-way-back" retrace of the 86 cent drop from $4.92 to $4.06 Waiting for the 12PM weather update. Watching that gap from $4.47 to $4.45 1/2.. #mindthegap #corn #oatt #fibonacci #sevenweekhigh
#spotcorn- #continuation- Is this #trendline on the #robot list? #corn #Longterm #chart #risk Take it or leave it. Me pointing out risk is not "promising" we'll get there. #oatt
#spotcorn #continuation chart- we are back to trading chart patterns- waiting for a weather-shoe to drop. This GAP is out there for the robot traders..
Excellent Demand; But Flat Price Stays Under Pressure
3-weeks ago? #spotcorn at a 1 year high... the disconnect continues.
We know the 2025/26 corn export sales program is fantastic.
I've been waiting for some signs that it will continue into next marketing year, and today got that.
Corn sales for Next MY were 36.5 mil bu this week, and now total 162 mil bu, second best of the last 5 years
#spotcorn #corn #cn5 #corn needs a weather event. Get #mothernature on the line. #fiveminute chart spinning around the day-traders.
$4.37 and $4.27- the old lows- have to be on the robot's hit list here as we search for a floor in #spotcorn #corn #cn5 5-month low. Oh, and "puts never work". #setthehedge
#corn bulls- remember how angry you were on the flush from $5.18 to $4.42? Well Mr, Market just gave you "half-back". Reward it. Protect it. Because if we lose it again- you'll be mad again. #corn #ck5 #spotcorn #decisiontime
#spotcorn; "managed funds"- long and getting longer. #fibonacci? We just "nailed" the 50% -half way back" this AM of the big break- June of 2023- $5.71 1/2 down to August and 4.03 3/4. Bull or Bear? You need to watch these simple, "stupid" levels to do better. #corn #newhigh
#cn4-#spotcorn #julyoptions expiration week. This wedge seems to be influencing the robots and algos. Plan accordingly. #corn #pricediscovery #oatt
#spotcorn #corn in the bin- Just like new crop- took a month to rally 37 cents- and 4 days to give back 1/2.
#fibonacci- trading corn from his grave.
#spotcorn- Back to Oct/Nov 2020 low $11.93- the auto-bots at work. And no- me pointing out these facts- is not "celebrating" anything. Price is the one thing you can't spin
For 7 yrs, corn was sub $5.00. Bull or Bear-? We are at a Pivot Point. It'll impact every aspect of corn production if we go back into the "hurt locker" in grey. #corn #risk #spotcorn #continuation
Big Picture- #spotcorn Weekly continuation chart- For 2 1/2 yrs- $4.90 to $5.00 spot corn has held. When you look at this chart- the August report next week takes on more meaning.. #corn #spot #continuation #oatt
#spotcorn- #corn- getting a boost from the Saudi's this AM. Here's a "magic line" for you to argue over and trade around. Bull or bear? This line seems like it's going to be a factor this week. #setthehedge
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