Corn:
Price is following our preferred path quite precisely an has confirmed our bull scenario during the past week. The pivotal support has been trailed up to 336 and as long as this low remains unbroken our bull scenario is valid.
Nothing else to add to that other than that our mid term outlook for this price is to reach 30% to 50% higher values during the Feb-May 2017 timeframe but that is still far away and we prefer to take it one step at the time.
Price is following our preferred path quite precisely an has confirmed our bull scenario during the past week. The pivotal support has been trailed up to 336 and as long as this low remains unbroken our bull scenario is valid.
Nothing else to add to that other than that our mid term outlook for this price is to reach 30% to 50% higher values during the Feb-May 2017 timeframe but that is still far away and we prefer to take it one step at the time.