Corn: Long corn, stop short...I'm actually talking about the real commodity here. Interestingly it has a nice base and daily trend signal here, which has decent upside vs risk.
I'm long since last Friday, near the open using July corn futures. Looking for a move towards the target on chart in time.
This could be a major bottom, so, probably interesting to see if we can keep a part of the trade running for longer, provided it forms a continuation signal after hitting the target zone.
Cheers,
Ivan Labrie.