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Corn Market 2016-2017
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<blockquote data-quote="Son of Butch" data-source="post: 1435033" data-attributes="member: 14585"><p>7/14/16 Corn closed at 3.81</p><p>7/14/17 Corn closed at 3.65</p><p>trading range for the last 12 months has been from 3.41 - 3.92</p><p></p><p>I follow market moon phases and have found nearly every market sets its' high and low within 3 days of either a </p><p>Full moon or a New moon. The past 12 month corn market has been no different.</p><p>Corn's LOW 3.41 occurred on Tuesday 8/30/16 two days before the New Moon on Thursday Sept. 1st</p><p>HIGH for the past 12 months 3.92 and occurred Friday July 7th 2 days before the Full Moon on Sunday July 9th</p><p></p><p>Current price 3.80</p><p></p><p>I think the old crop corn High and Low have been set. Tonight is the New Moon, I expect the market to chop sideways and drift lower into fall. Market 'experts' say we are in a weather market now and nobody knows what it will bring, but...</p><p>2 different forecasters have projected new crop December 2017 corn in the 4.40 - 4.70 range</p><p></p><p>I think they are full of xxx themselves... but my wild guess is maybe we'll be seeing 4.30 corn in 2018</p><p>IF anyone needs to buy corn for the winter I'm thinking August 18 - Sept 22nd will be the best buying time</p><p>or the worst time to sell</p></blockquote><p></p>
[QUOTE="Son of Butch, post: 1435033, member: 14585"] 7/14/16 Corn closed at 3.81 7/14/17 Corn closed at 3.65 trading range for the last 12 months has been from 3.41 - 3.92 I follow market moon phases and have found nearly every market sets its' high and low within 3 days of either a Full moon or a New moon. The past 12 month corn market has been no different. Corn's LOW 3.41 occurred on Tuesday 8/30/16 two days before the New Moon on Thursday Sept. 1st HIGH for the past 12 months 3.92 and occurred Friday July 7th 2 days before the Full Moon on Sunday July 9th Current price 3.80 I think the old crop corn High and Low have been set. Tonight is the New Moon, I expect the market to chop sideways and drift lower into fall. Market 'experts' say we are in a weather market now and nobody knows what it will bring, but... 2 different forecasters have projected new crop December 2017 corn in the 4.40 - 4.70 range I think they are full of xxx themselves... but my wild guess is maybe we'll be seeing 4.30 corn in 2018 IF anyone needs to buy corn for the winter I'm thinking August 18 - Sept 22nd will be the best buying time or the worst time to sell [/QUOTE]
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