I see that in the last 2 major tops in Corn futures had significant pops at the .786 fib
retracement and never completed the H&S to baseline and my premise is that its baked in inflation and it will happen again truncated descent right here. Its in a wedge descending to a narrow point and ready to meander upwards steadilly or pop I also think food prices and corn are not in step due to export bans on corn from USA in many countries but I believe the balance is achieved now.
retracement and never completed the H&S to baseline and my premise is that its baked in inflation and it will happen again truncated descent right here. Its in a wedge descending to a narrow point and ready to meander upwards steadilly or pop I also think food prices and corn are not in step due to export bans on corn from USA in many countries but I believe the balance is achieved now.