Replies to post #67 on Teucrium Corn Fund (CORN)

[JefftDecker]

CORN

jotting down some notes from report. i cant copy too much because of
copyrights.

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Major Price resistance exists at the $3.60 level and any weekly close above that level will be the green
light that a major corn rally is underway

-yields may come up short when reported by USDA and should result in short covering

-production from Brazil should be a poor first crop due to economic conditions.

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End users and speculators should be positioning for upside price risks at this time.

- on the Dec 2017 corn chart, there are 2 reversal bars indicating
upside pressure building.

https://www.investing.com/commodities/us-corn-streaming-chart