CH12 – March Corn (Last:646.00)

A powerful downdraft in commodities has brought March Corn down to within a hair of a 644.50 traget disseminated here a while back. Traders can still bottom-fish that number as originally advised if camouflage is used to limit risk, but this recommendation should be considered expert play, since the dramatic selling in precious metals could create air pockets in the “softs.”