With commercials holding record high shorts in corn, we might see a sell off next week to 412 support. if it doesnt hold there, it could go to 404-400 ** Just an idea NOT a forecast
Clear break of the trendline, retest and sell off. ABC down to 2955 might be in play ** Just an idea NOT a forecast
Friday's reversal suggests near term weakness in Gold Two scenarios I'm watching in gold: 1- Retrace to previous swing low 1375, find support then up to 1485-1503 2- Retrace to the triangle trendline around 1350, find support then up to 1485 - 1503 ** Just an idea NOT a forecast